New and Frozen Frontier Awaits Offshore Oil Drilling

05/24/2012 11:44 am ET
  • New York Times

Barring a successful last-minute legal challenge by environmental groups, Shell will begin drilling test wells off the coast of northern Alaska in July, opening a new frontier in domestic oil exploration and accelerating a global rush to tap the untold resources beneath the frozen ocean.

It is a moment of major promise and considerable danger.

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