(from the StarAdvertiser.com) ‘Arctic-sea oil exploration stands to open new frontier’

AN EXCERPT:  Barring a successful last-minute legal challenge by environmental groups, Shell will begin drilling test wells off the coast of northern Alaska in July, opening a new frontier in domestic oil exploration and accelerating a global rush to tap the untold resources beneath the frozen ocean. It is a moment of major promise and considerable danger….In blessing Shell’s move into the Arctic, Obama continues his efforts to balance business and environmental interests, seemingly project by project. He pleased environmentalists by delaying the Keystone XL pipeline from Canada and by adopting tough air standards for power plants, yet he has also delighted business concerns by rejecting an ozone standard deemed too costly to the economy….And now, the president is writing a new chapter in the nation’s unfolding energy transformation, in this case to the benefit of fossil fuel producers.

TO READ THE ARTICLE, CLICK THE PIC.

TO READ ALL ZBLOG POSTS, CLICK ‘THE ZEPHYR’ AT THE TOP OF THE PAGE

TO READ THE APR/MAY Z, CLICK THE COVER:

http://www.staradvertiser.com/news/20120524_Arctic-sea_oil_exploration_stands_to_open_new_frontier.html