Shell has poured billions of dollars into offshore Arctic drilling, but no matter how much it spends, it cannot make the effort anything but a terrifying gamble. And if Shell, the most profitable company on Earth, can't buy its way to safety in Alaska, nobody can.
Sentiment: NEGATIVE
Shell and Exxon support export, but refiners like Valero could end up paying more for the crude oil.
Opening the Arctic National Wildlife Refuge stands to not only increase the United States' oil reserves by nearly 50 percent, but it will create thousands of good U.S. jobs.
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