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US Coast Guard Needs Billions of Dollars to Cover Oil Companies in the Arctic

OilPrice.com -- Shell is one of six energy companies hoping to begin drilling for oil and gas in the Arctic next month. Global warming has led to large amounts of ice melting, which in turn has opened up new areas off Alaska’s north coast, ready for oil and gas exploration.

Since 2005 Shell has spent $4.5 billion preparing for its upcoming Arctic adventure, but it now turns out that US citizens may be required to fork out nearly as much in order to control and regulate oil company operations in the Arctic.

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Submitted Jul 19, 2012 By: NOTSOGRN

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honda0105 Champion Author Tallahassee Posts:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Jul 22, 2012 7:01:37 AM Ignore honda0105 Report Abuse You said it, LeEC. Just doesn't WANT to b/c it cuts the addictive high and near record profit margins.
LetemEatCake Champion Author Oklahoma City Posts:5,615 Points:1,207,430 Joined:Mar 2008	Message Posted: Jul 20, 2012 11:03:53 PM Ignore LetemEatCake Report Abuse Big Oil can well afford to pay this bill
Agarre Champion Author Richmond Posts:1,335 Points:263,785 Joined:Feb 2012	Message Posted: Jul 20, 2012 7:29:45 PM Ignore Agarre Report Abuse Tax money ?
HawaiianGuy Champion Author Idaho Posts:9,538 Points:3,081,650 Joined:May 2003	Message Posted: Jul 20, 2012 2:15:36 PM Ignore HawaiianGuy Report Abuse Big Oil will always need oversight. They've proven themselves incapable of policing themselves, most notably the recent BP Gulf catastrophe.
sparky808 Champion Author Honolulu Posts:3,013 Points:600,660 Joined:Sep 2011	Message Posted: Jul 20, 2012 12:16:42 PM Ignore sparky808 Report Abuse Thank you for posting.
KhelbenArunson Champion Author Michigan Posts:4,456 Points:719,815 Joined:Apr 2008	Message Posted: Jul 20, 2012 8:21:06 AM Ignore KhelbenArunson Report Abuse Make the oil companies pay the government for coast guard services.
sprocketsplines Champion Author Washington Posts:1,697 Points:863,565 Joined:Oct 2010	Message Posted: Jul 20, 2012 12:36:09 AM Ignore sprocketsplines Report Abuse The comment that "the Coast Guard has zero capability in the Artic" suggests that the Coast Guard must figure the U.S. stops at the 49th parallel. The oil and gas exploration activity off Alaska's north coast only serves to bring matters to a head.
Sneakers55 Champion Author Houston Posts:51,344 Points:2,145,125 Joined:Nov 2005	Message Posted: Jul 20, 2012 12:00:46 AM Ignore Sneakers55 Report Abuse On Jul 19, 2012 11:22:09 PM, jkspr wrote: >Why can't the government subsidized oil companies pay this bill? Why should they? Most of them don't do business here in the first place.
jkpsr Champion Author New Jersey Posts:4,094 Points:1,104,830 Joined:Jun 2005	Message Posted: Jul 19, 2012 11:22:09 PM Ignore jkpsr Report Abuse Why can't the government subsidized oil companies pay this bill?
quasar502 Champion Author Lansing Posts:3,593 Points:803,300 Joined:Jan 2011	Message Posted: Jul 19, 2012 11:20:57 PM Ignore quasar502 Report Abuse If you want the expansion, you need the infrastructure.
boatfloyd Champion Author Jacksonville Posts:1,733 Points:390,900 Joined:Mar 2012	Message Posted: Jul 19, 2012 11:20:07 PM Ignore boatfloyd Report Abuse Let the Oil Companies pay.
crreed1 Champion Author West Virginia Posts:2,000 Points:2,529,260 Joined:May 2005	Message Posted: Jul 19, 2012 11:18:58 PM Ignore crreed1 Report Abuse taxes
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Jul 19, 2012 11:17:19 PM Ignore tedjm1 Report Abuse Sure, let the taxpayer help these companies make money. Tax the hell out of the population. Legislators use this money as their own anyway
Bigwaynef Champion Author South Carolina Posts:11,495 Points:2,083,685 Joined:Dec 2006	Message Posted: Jul 19, 2012 11:16:23 PM Ignore Bigwaynef Report Abuse But we need several billion to house & feed the illegals...
1fulltank Champion Author Buffalo Posts:7,918 Points:1,547,235 Joined:Nov 2008	Message Posted: Jul 19, 2012 11:14:40 PM Ignore 1fulltank Report Abuse YAY! Let's all pitch in to help the oil companies!
mpg611 Champion Author Cleveland Posts:2,347 Points:571,960 Joined:Apr 2011	Message Posted: Jul 19, 2012 11:14:20 PM Ignore mpg611 Report Abuse Americans need billions of dollars to full up their vehicle's gas tanks.
ManOfLeisureII Champion Author Philadelphia Posts:1,889 Points:456,325 Joined:Jan 2012	Message Posted: Jul 19, 2012 11:12:57 PM Ignore ManOfLeisureII Report Abuse A billion here.....a billion there....pretty soon it adds up to real money......
SavALot Champion Author Virginia Beach Posts:8,484 Points:1,713,785 Joined:Apr 2005	Message Posted: Jul 19, 2012 11:12:24 PM Ignore SavALot Report Abuse Billions gets thrown around so nonchalantly nowadays
millerin Champion Author Orlando Posts:2,322 Points:483,315 Joined:Jan 2012	Message Posted: Jul 19, 2012 11:11:47 PM Ignore millerin Report Abuse hmm...
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,130 Joined:Oct 2008	Message Posted: Jul 19, 2012 11:11:41 PM Ignore LCSTEELERBOB Report Abuse take the cost from the oil companies cost and not to reflect on us
unclemattie Veteran Author Atlanta Posts:289 Points:460,655 Joined:Oct 2011	Message Posted: Jul 19, 2012 11:11:18 PM Ignore unclemattie Report Abuse Global warming, huh? Nothing to do with the large solar flares hitting the earth this year. OK
SWAPCAR1 Veteran Author New Jersey Posts:431 Points:1,731,995 Joined:Sep 2005	Message Posted: Jul 19, 2012 11:11:10 PM Ignore SWAPCAR1 Report Abuse The drillers should pay.
52MPG Champion Author Dayton Posts:7,277 Points:1,744,630 Joined:Apr 2006	Message Posted: Jul 19, 2012 11:10:42 PM Ignore 52MPG Report Abuse Tax the Oil Companies for the cost.
WebGabe Champion Author Pennsylvania Posts:2,379 Points:498,570 Joined:Jun 2007	Message Posted: Jul 19, 2012 11:10:29 PM Ignore WebGabe Report Abuse Ok.
Jeff1944 Champion Author South Dakota Posts:4,244 Points:1,076,570 Joined:Jan 2010	Message Posted: Jul 19, 2012 11:10:00 PM Ignore Jeff1944 Report Abuse Tell Osama Obama, Ken Salazar, Steven Chu and Lisa Jackson, they will find the money with the Osama's Executive Orders!
dancygreen Champion Author Twin Cities Posts:2,073 Points:487,710 Joined:Sep 2011	Message Posted: Jul 19, 2012 11:09:59 PM Ignore dancygreen Report Abuse ok
rawdog1313 Champion Author Lexington Posts:3,319 Points:1,645,830 Joined:May 2008	Message Posted: Jul 19, 2012 11:09:44 PM Ignore rawdog1313 Report Abuse Make them pay for it! It isn't like they can't afford it!
TheeRedRam Champion Author Hartford Posts:3,173 Points:675,335 Joined:Jun 2011	Message Posted: Jul 19, 2012 11:09:15 PM Ignore TheeRedRam Report Abuse Hummm
regout Champion Author Quebec Posts:2,965 Points:834,655 Joined:May 2010	Message Posted: Jul 19, 2012 11:04:45 PM Ignore regout Report Abuse Ok.
12766 Champion Author New York Posts:2,458 Points:1,486,340 Joined:Oct 2008	Message Posted: Jul 19, 2012 11:04:45 PM Ignore 12766 Report Abuse OK
jem069 Champion Author Detroit Posts:2,553 Points:690,005 Joined:Jan 2011	Message Posted: Jul 19, 2012 11:03:39 PM Ignore jem069 Report Abuse ok
miser709 Champion Author Grand Rapids Posts:1,268 Points:1,072,550 Joined:Mar 2004	Message Posted: Jul 19, 2012 11:03:39 PM Ignore miser709 Report Abuse I know where that's coming from.
txkrb Champion Author Texas Posts:1,563 Points:639,965 Joined:May 2011	Message Posted: Jul 19, 2012 11:03:08 PM Ignore txkrb Report Abuse "the Coast Guard has zero capability in the Arctic" Then how did they help that russian tanker get gas and diesel to the town in Alaska last winter
jetskijerry Champion Author North Carolina Posts:3,911 Points:775,195 Joined:Mar 2011	Message Posted: Jul 19, 2012 11:02:52 PM Ignore jetskijerry Report Abuse No one seems to care..
jetskijerry Champion Author North Carolina Posts:3,911 Points:775,195 Joined:Mar 2011	Message Posted: Jul 19, 2012 11:02:35 PM Ignore jetskijerry Report Abuse We will eventually doom ourselves.
dabbadu Champion Author New York Posts:1,056 Points:662,505 Joined:Feb 2011	Message Posted: Jul 19, 2012 10:56:01 PM Ignore dabbadu Report Abuse standard operating procedure.
LetemEatCake Champion Author Oklahoma City Posts:5,615 Points:1,207,430 Joined:Mar 2008	Message Posted: Jul 19, 2012 10:55:52 PM Ignore LetemEatCake Report Abuse Drillers should bear the cost!
TheeRedRam Champion Author Hartford Posts:3,173 Points:675,335 Joined:Jun 2011	Message Posted: Jul 19, 2012 10:54:30 PM Ignore TheeRedRam Report Abuse .
Saunch2012 Veteran Author Pennsylvania Posts:451 Points:111,105 Joined:May 2012	Message Posted: Jul 19, 2012 10:48:14 PM Ignore Saunch2012 Report Abuse ok
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Jul 19, 2012 10:46:49 PM Ignore frostyWV Report Abuse make them pay for it not us.
jferrara41 All-Star Author Pennsylvania Posts:598 Points:110,665 Joined:Apr 2012	Message Posted: Jul 19, 2012 10:46:14 PM Ignore jferrara41 Report Abuse well???
TFowler513 Champion Author Memphis Posts:3,824 Points:1,415,610 Joined:Mar 2008	Message Posted: Jul 19, 2012 10:46:13 PM Ignore TFowler513 Report Abuse Pay for service model. Permits should have a fee attached to cover the cost.
Zonk Champion Author Michigan Posts:6,496 Points:2,104,940 Joined:Oct 2005	Message Posted: Jul 19, 2012 10:46:02 PM Ignore Zonk Report Abuse Get some of obama's stimulus money.
abcdMA Champion Author Worcester Posts:7,937 Points:1,577,905 Joined:Nov 2008	Message Posted: Jul 19, 2012 10:45:57 PM Ignore abcdMA Report Abuse another hand waiting for money
MrLuigi Champion Author Massachusetts Posts:4,783 Points:968,635 Joined:Jun 2005	Message Posted: Jul 19, 2012 10:44:26 PM Ignore MrLuigi Report Abuse absolute BS if they want us to pay for it with the record breaking profits the oil companies have been squeezing out of us these past several years!!!
jrsva Champion Author Virginia Posts:9,866 Points:1,615,135 Joined:Jan 2006	Message Posted: Jul 19, 2012 10:42:38 PM Ignore jrsva Report Abuse “Global Warming is a lie” Oh man, not another ostrich. Wake up and look around. Why is the ice disappearing in the Arctic Ocean? Why are glaciers melting everywhere? Why have the last few years been among the warmest on record? These may be cyclical changes but, if so, we are clearly on a strong up cycle, which will have devastating impacts on coastal areas all over the world if it continues much longer.
CorvairHaven Champion Author Cleveland Posts:4,364 Points:1,455,890 Joined:Sep 2008	Message Posted: Jul 19, 2012 10:39:29 PM Ignore CorvairHaven Report Abuse Your tax dollars at work.
91Hilux Champion Author New Haven Posts:2,177 Points:683,645 Joined:Aug 2007	Message Posted: Jul 19, 2012 10:39:07 PM Ignore 91Hilux Report Abuse This article is total BS! My father was stationed in the Arctic on a Coast Guard cutter. There are still a few thousand Coast Guard members currently up there who will argue against "not being able to operate there"
Eugenian Champion Author Oregon Posts:1,878 Points:365,055 Joined:Oct 2009	Message Posted: Jul 19, 2012 10:30:11 PM Ignore Eugenian Report Abuse Bill the oil companies for it.
feistyfella All-Star Author Georgia Posts:881 Points:195,495 Joined:Jun 2010	Message Posted: Jul 19, 2012 10:29:51 PM Ignore feistyfella Report Abuse Billions