Why Would Royal Dutch Shell Abandon the Arctic? (Video)

arctic-oil-too-risky
Greenpeace Action at Shell’s petrol station in Davos, January 2013. Captions and Photo source: © Greenpeace

Excerpts;

Geologists estimate that the Arctic holds more than 20 percent of the planet’s oil and gas resources. Alaska’s waters alone may contain 24 billion barrels of oil. That’s about three-and-a-half years of U.S. oil consumption.

“…the less oil people use, whether by improving efficiency or finding alternatives, the less Shell will be inclined to chase down every last drop at the literal ends of the earth…”

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