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Alaska coastal oil drilling challenge revived by court

  • Alaskan coastal drilling by oil companies including ConocoPhillips (COP) and Royal Dutch Shell (RDS.A, RDS.B) may be further delayed after a court revived a challenge by environmental groups claiming the government violated existing laws in opening acreage on the continental shelf to energy exploration.
  • Sierra Club and other groups sued the government after the $2.6B sale of development leases for the Chukchi Sea off Alaska's coast in 2008, saying the amount of oil from the leases was far higher than the 1B barrels the U.S. Interior Department had estimated in an environmental review.
  • In a decision that reversed a judge's 2012 ruling dismissing the lawsuit, the U.S. Court of Appeals in San Francisco today concluded the estimate was “chosen arbitrarily,” and the government “based its decision on inadequate information about the amount of oil to be produced pursuant to the lease sale.”
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Comments (4)
  • FleetUSA3226
    , contributor
    Comments (789) | Send Message
     
    Only the lawyers benefit from this business.
    23 Jan 2014, 06:01 AM Reply Like
  • IgnisFatuus
    , contributor
    Comments (2144) | Send Message
     
    Only in America....
    23 Jan 2014, 08:34 AM Reply Like
  • jelrod3
    , contributor
    Comments (121) | Send Message
     
    Once again the Red Brigade, masquerading as something "green," and assisted by the little Caesars in black robes, manages to stop progress dead in its tracks.
    23 Jan 2014, 11:29 AM Reply Like
  • TheJollyGreenMan
    , contributor
    Comments (89) | Send Message
     
    Will this green mob give the oil majors a guarantee that there is more than 1B barrels in the oil field? Should the oil field come-up dry, or just be a trickle, after say a 4B exploration program, will they cough up and reimburse the oil majors for their exploration effort?
    23 Jan 2014, 12:43 PM Reply Like
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