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James Ridgeway: True North: Big Oil in the Arctic
by JAMES RIDGEWAY via Counterpunch
Tuesday, July 10, 2007 : Last week Shell announced it would send a fleet of ships into the Beaufort Sea to launch an oil drilling program. It is speculated that beneath the Beaufort Sea lie 8 billion barrels of oil and 30 trillion cubic feet of gas. The drilling is to take place 30 miles off the Alaskan coast, where despite protests from local communities the US Minerals Management Service OK'd the project.

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