Arctic drilling leases canceled

Investor's Business Daily
October 2015
Investors Business Daily;10/19/2015, pA02
The article reports on the blocking by the administration of U.S. President Barack Obama on the drilling at the Arctic Ocean after the gave up of petroleum company Shell in drilling due to little success. It mentioned the cancelling of auctions by the Interior Department of the drilling rights in 2016 and 2017 which cited the pullout of Shell and the low price of oil.


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