Shell Withdrew from the Arctic! But why?

On Monday, Shell ended its oil drilling project in the arctic. This had been an extremely controversial project–one that president Obama vetoed the first time it came through, then altered the second time before accepting it–and its a really good thing they are leaving. Here are the reasons why:

  • Poor results
  • Too expensive ($7 billion over the whole time–$1.4 billion spent already)
  • Very controversial

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