Gov. Sean Parnell says that if Arctic offshore exploration off Alaska is shut down this summer, the action "condemns" the region for decades.
The Interior Department has announced a review of the 2012 Arctic offshore drilling season.
A Shell vessel that drilled last year in the Beaufort Sea ran aground on a remote island on its way to Seattle for upgrades. Some officials, including Alaska's Natural Resources commissioner and U.S. Sen. Mark Begich, say this was a transportation issue, not a drilling issue.
Parnell told a Juneau Rotary group that Shell has invested billions in the outer continental shelf and other companies are looking at its experience.
He says if companies make that kind of investment and can't even get into the oil horizon, they won't stick around.
Parnell Expresses Concern About Arctic Review
JUNEAU, Alaska—
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JLaurens at 5:20 PM February 07, 2013
Parnell is getting upset because he has worked hard for that corporate bonus check. Now all that money will have to go to buying someone else's support. But, maybe we will finally get someone in office with some spine. Someone who realizes the oil companies do not have a pot to pea in . If we hold onto that oil while the foreign oil companies finish their little song and dance, we will make everyone in Alaska rich, not just Sean, and the rest of the CBC. Karma is here!