HOUSTON, March 22 (UPI) — Shell Oil Company, one of the largest oil companies in the world, will soon be allowed to drill for oil in the American Arctic.
The decision rests on the U.S. Department of Interior Secretary Sally Jewell, who is expected to announce the decision on Wednesday.
The drilling will occur in the Chukchi and Beaufort seas of the Arctic, near Alaska. Environmentalists are concerned with the issue, since technology has not been prepared to deal with an oil spill in that region. The Environmental Impact Statement claims there is a 75 percent chance of a large spill occurring.
“Developing the Arctic could be essential to securing energy supplies for the future, but it will mean balancing economic, environmental and social challenges,” reads Shell’s website.
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