Shell Alaska Vice President Pete Slaiby (right) speaks at a news conference on Thursday, Feb. 3, 2011, at Shell offices in in Anchorage, Alaska. Shell Alaska has dropped plans to drill exploratory wells in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, Slaiby said Thursday, Feb. 3, 2011. (AP Photo/Dan Joling)
Dan Joling, Associated Press, On Thursday February 3, 2011, 8:10 pm EST
ANCHORAGE, Alaska (AP) — Shell Alaska has dropped plans to drill in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, company Vice President Pete Slaiby said Thursday.
The recent remand of air permits issued by the Environmental Protection Agency was the final driver behind the decision, Slaiby said at a news conference.
Alaska receives upward of 90 percent of its general fund revenue from the petroleum industry, and top state officials reacted strongly to the decision. U.S. Sen. Mark Begich, D-Alaska, blamed the Obama administration and the EPA. read more
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