Shell’s Arctic Drilling Plans on Track as Obama Admin OKs Lease Sale

"WASHINGTON — The Obama administration reaffirmed a 2008 government auction of Arctic drilling rights on Tuesday, delivering a major victory to Shell Oil Co. as it aims to resume exploratory drilling in the Chukchi Sea this summer.

In validating the seven-year-old auction, Interior Secretary Sally Jewell stressed that the Arctic 'is an important component of the administration’s national energy strategy.'

'We remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration offshore Alaska,' Jewell said in a statement. 'This unique, sensitive and often challenging environment requires effective oversight to ensure all activities are conducted safely and responsibly.'"

Jennifer A. Dlouhy reports for Hearst/FuelFix March 31, 2015.

SEE ALSO:

"US Approval Moves Shell a Step Closer To Arctic Drilling" (Reuters)

"Agency Affirms Revised Review of Chukchi Sea Petroleum Lease" (AP)

"Barack Obama Gives Shell Go-Ahead To Drill for Oil In Alaskan Arctic" (Telegraph)

"Sec. Jewell Gives Thumbs Up To Oil Leases in Arctic Waters" (Seattle Post-Intelligencer)