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Bureaucracy Causes Royal Dutch Shell to Cancel Arctic Drilling
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“I’m not about to take the uncertainty and pay the money and then not get to the drilling.”
After investing $3.5 billion, enduring five years of delays imposed by several regulatory agencies, and facing a new hurdle imposed by the EPA, Shell’s chief executive officer Peter R. Voser gave up plans to drill for oil in Alaska’s Arctic waters.
Arizonans Angry at New York City’s Gun-sale Sting
“Let me get this straight: From New York City, they are going to send people to Arizona to look into this. They might take a look a little closer to home if they are concerned about guns getting in their state.”
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