The estimated oil resources in the Arctic will satisfy world consumption for 3 years at current rate, reconstitution after the Exxon Valdez catastrophe is an unfinished business since more than twenty years.
Any drilling well puts the Arctic at risk. In case of an oil spill there is not enough day light during winter, not enough ice-capable vessels for clean-up operations and not enough hotel rooms for volunteers and emergency workers.
The support infrastructure lacks harbors and airports, the Coast Guard helicopters and ice-breaker and contractors high latitude experience. Harsh weather and low temperature are demanding for ...-> continue reading