Aren't We Supposed to Be Promoting Energy Development?
According to this article, Shell Oil Company has announced that it will no longer seek to drill for oil this summer in certain parts of the United States: "Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight." That's after spending nearly $4 billion on the project.
