Sunday, October 4, 2015
Last week while Crow was visiting an old friend in the far north he was witness to an unexpected, albeit happy, event when the Shell Oil deep sea drilling rig was towed away from the Alaska coast. After more than eight years of planning and drilling, costing more than $8 billion, Royal Dutch Shell announced that it is shutting down its plans to drill for oil in the Arctic. The bombshell announcement dooms any chance of offshore oil development in the U.S. Arctic for years. :)
Of course, if we want to continue having nice things like polar bears, healthy forests and decent air to breathe what really needs to happen is that most of the fossil fuels that remain in the ground need to be left right where they are. You can read more about that here. As you can well imagine, the big oil companies don't think this is a good idea at all.
Maybe the day will come when a spare $7 billion here and there will be used to develop useful strategies for alternative energy and public work projects. Such things have been known to happen.
Crow was glad of his snifter of Remy Martin when he returned from this journey.