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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:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Jul 22, 2012 8:01:37 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:5,667 Points:1,229,075 Joined:Mar 2008	Message Posted: Jul 21, 2012 12:03:53 AM 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 8:29:45 PM Ignore Agarre Report Abuse Tax money ?
HawaiianGuy Champion Author Idaho Posts:9,660 Points:3,105,615 Joined:May 2003	Message Posted: Jul 20, 2012 3:15:36 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:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Jul 20, 2012 1:16:42 PM Ignore sparky808 Report Abuse Thank you for posting.
KhelbenArunson Champion Author Michigan Posts:4,581 Points:744,590 Joined:Apr 2008	Message Posted: Jul 20, 2012 9:21:06 AM Ignore KhelbenArunson Report Abuse Make the oil companies pay the government for coast guard services.
sprocketsplines Champion Author Washington Posts:1,813 Points:888,060 Joined:Oct 2010	Message Posted: Jul 20, 2012 1:36:09 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:51,849 Points:2,168,625 Joined:Nov 2005	Message Posted: Jul 20, 2012 1:00:46 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:4,207 Points:1,127,915 Joined:Jun 2005	Message Posted: Jul 20, 2012 12:22:09 AM Ignore jkpsr Report Abuse Why can't the government subsidized oil companies pay this bill?
quasar502 Champion Author Lansing Posts:3,723 Points:829,050 Joined:Jan 2011	Message Posted: Jul 20, 2012 12:20:57 AM Ignore quasar502 Report Abuse If you want the expansion, you need the infrastructure.
boatfloyd Champion Author Jacksonville Posts:1,858 Points:415,675 Joined:Mar 2012	Message Posted: Jul 20, 2012 12:20:07 AM Ignore boatfloyd Report Abuse Let the Oil Companies pay.
crreed1 Champion Author West Virginia Posts:2,100 Points:2,550,715 Joined:May 2005	Message Posted: Jul 20, 2012 12:18:58 AM Ignore crreed1 Report Abuse taxes
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Jul 20, 2012 12:17:19 AM 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:11,674 Points:2,108,435 Joined:Dec 2006	Message Posted: Jul 20, 2012 12:16:23 AM Ignore Bigwaynef Report Abuse But we need several billion to house & feed the illegals...
1fulltank Champion Author Buffalo Posts:8,041 Points:1,571,970 Joined:Nov 2008	Message Posted: Jul 20, 2012 12:14:40 AM Ignore 1fulltank Report Abuse YAY! Let's all pitch in to help the oil companies!
mpg611 Champion Author Cleveland Posts:2,479 Points:596,795 Joined:Apr 2011	Message Posted: Jul 20, 2012 12:14:20 AM Ignore mpg611 Report Abuse Americans need billions of dollars to full up their vehicle's gas tanks.
ManOfLeisureII Champion Author Philadelphia Posts:2,010 Points:480,875 Joined:Jan 2012	Message Posted: Jul 20, 2012 12:12:57 AM Ignore ManOfLeisureII Report Abuse A billion here.....a billion there....pretty soon it adds up to real money......
SavALot Champion Author Virginia Beach Posts:8,618 Points:1,738,435 Joined:Apr 2005	Message Posted: Jul 20, 2012 12:12:24 AM Ignore SavALot Report Abuse Billions gets thrown around so nonchalantly nowadays
millerin Champion Author Orlando Posts:2,332 Points:487,315 Joined:Jan 2012	Message Posted: Jul 20, 2012 12:11:47 AM Ignore millerin Report Abuse hmm...
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,580 Joined:Oct 2008	Message Posted: Jul 20, 2012 12:11:41 AM 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:478,055 Joined:Oct 2011	Message Posted: Jul 20, 2012 12:11:18 AM 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:443 Points:1,754,510 Joined:Sep 2005	Message Posted: Jul 20, 2012 12:11:10 AM Ignore SWAPCAR1 Report Abuse The drillers should pay.
52MPG Champion Author Dayton Posts:7,397 Points:1,768,430 Joined:Apr 2006	Message Posted: Jul 20, 2012 12:10:42 AM Ignore 52MPG Report Abuse Tax the Oil Companies for the cost.
WebGabe Champion Author Pennsylvania Posts:2,505 Points:523,345 Joined:Jun 2007	Message Posted: Jul 20, 2012 12:10:29 AM Ignore WebGabe Report Abuse Ok.
Jeff1944 Champion Author South Dakota Posts:4,342 Points:1,100,285 Joined:Jan 2010	Message Posted: Jul 20, 2012 12:10:00 AM 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:2,188 Points:511,370 Joined:Sep 2011	Message Posted: Jul 20, 2012 12:09:59 AM Ignore dancygreen Report Abuse ok
rawdog1313 Champion Author Lexington Posts:3,439 Points:1,670,505 Joined:May 2008	Message Posted: Jul 20, 2012 12:09:44 AM Ignore rawdog1313 Report Abuse Make them pay for it! It isn't like they can't afford it!
TheeRedRam Champion Author Hartford Posts:3,303 Points:700,335 Joined:Jun 2011	Message Posted: Jul 20, 2012 12:09:15 AM Ignore TheeRedRam Report Abuse Hummm
regout Champion Author Quebec Posts:3,095 Points:860,405 Joined:May 2010	Message Posted: Jul 20, 2012 12:04:45 AM Ignore regout Report Abuse Ok.
12766 Champion Author New York Posts:2,584 Points:1,511,115 Joined:Oct 2008	Message Posted: Jul 20, 2012 12:04:45 AM Ignore 12766 Report Abuse OK
jem069 Champion Author Detroit Posts:2,679 Points:714,780 Joined:Jan 2011	Message Posted: Jul 20, 2012 12:03:39 AM Ignore jem069 Report Abuse ok
miser709 Champion Author Grand Rapids Posts:1,268 Points:1,093,950 Joined:Mar 2004	Message Posted: Jul 20, 2012 12:03:39 AM Ignore miser709 Report Abuse I know where that's coming from.
txkrb Champion Author Texas Posts:1,597 Points:660,645 Joined:May 2011	Message Posted: Jul 20, 2012 12:03:08 AM 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:4,036 Points:799,970 Joined:Mar 2011	Message Posted: Jul 20, 2012 12:02:52 AM Ignore jetskijerry Report Abuse No one seems to care..
jetskijerry Champion Author North Carolina Posts:4,036 Points:799,970 Joined:Mar 2011	Message Posted: Jul 20, 2012 12:02:35 AM Ignore jetskijerry Report Abuse We will eventually doom ourselves.
dabbadu Champion Author New York Posts:1,056 Points:681,255 Joined:Feb 2011	Message Posted: Jul 19, 2012 11:56:01 PM Ignore dabbadu Report Abuse standard operating procedure.
LetemEatCake Champion Author Oklahoma City Posts:5,667 Points:1,229,075 Joined:Mar 2008	Message Posted: Jul 19, 2012 11:55:52 PM Ignore LetemEatCake Report Abuse Drillers should bear the cost!
TheeRedRam Champion Author Hartford Posts:3,303 Points:700,335 Joined:Jun 2011	Message Posted: Jul 19, 2012 11:54:30 PM Ignore TheeRedRam Report Abuse .
Saunch2012 Veteran Author Pennsylvania Posts:451 Points:113,355 Joined:May 2012	Message Posted: Jul 19, 2012 11:48:14 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 11:46:49 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 11:46:14 PM Ignore jferrara41 Report Abuse well???
TFowler513 Champion Author Memphis Posts:3,824 Points:1,437,135 Joined:Mar 2008	Message Posted: Jul 19, 2012 11:46:13 PM Ignore TFowler513 Report Abuse Pay for service model. Permits should have a fee attached to cover the cost.
Zonk Champion Author Michigan Posts:6,621 Points:2,129,715 Joined:Oct 2005	Message Posted: Jul 19, 2012 11:46:02 PM Ignore Zonk Report Abuse Get some of obama's stimulus money.
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Jul 19, 2012 11:45:57 PM Ignore abcdMA Report Abuse another hand waiting for money
MrLuigi Champion Author Massachusetts Posts:4,908 Points:993,410 Joined:Jun 2005	Message Posted: Jul 19, 2012 11:44:26 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:9,999 Points:1,639,950 Joined:Jan 2006	Message Posted: Jul 19, 2012 11:42:38 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:4,470 Points:1,479,765 Joined:Sep 2008	Message Posted: Jul 19, 2012 11:39:29 PM Ignore CorvairHaven Report Abuse Your tax dollars at work.
91Hilux Champion Author New Haven Posts:2,257 Points:706,470 Joined:Aug 2007	Message Posted: Jul 19, 2012 11:39:07 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:2,006 Points:389,830 Joined:Oct 2009	Message Posted: Jul 19, 2012 11:30:11 PM Ignore Eugenian Report Abuse Bill the oil companies for it.
feistyfella All-Star Author Detroit Posts:921 Points:212,745 Joined:Jun 2010	Message Posted: Jul 19, 2012 11:29:51 PM Ignore feistyfella Report Abuse Billions