Obama Seeks Oil Demand, Climate Balance With Shell Arctic Permit
Article by Rakteem Katakey published 18 May 2015 by Bloomberg.com
U.S. President Barack Obama is balancing the need to meet oil demand and concerns about climate change as his government considers final approvals for Royal Dutch Shell Plc’s Arctic drilling plans, according to a state department official.
“If you go up to Alaska and speak to many Alaskans, as I have, they feel like the President is shutting down the Arctic,” Robert J. Papp Jr., U.S. Department of State special representative for the Arctic, told a conference call Monday. “When you talk to the environmental groups, they feel the president is opening up the Arctic.”
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Confronted with irrefutable evidence, the spying by Hakluyt and Company, a corporate intelligence firm set up by former senior MI6 officers, was admitted by both oil giants.
