Friday, August 31, 2012

U.S. Approves an Initial Step in Oil Drilling Near Alaska

New York Times: The Interior Department granted Shell permission on Thursday to begin preparatory work on its first well in the Arctic Ocean, moving the company a critical step forward on its tortuous quest to drill for oil off the coast of Alaska. Ken Salazar, the interior secretary, said that Shell could conduct the initial steps in drilling in the Chukchi Sea, putting down as much as 1,400 feet of well casing to support the required blowout preventer, a device meant to shut down a runaway well. The move delighted...

URL: http://www.nytimes.com/2012/08/31/business/energy-environment/us-approves-trial-drilling-for-shell-near-alaska-with-conditions.html

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