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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:18,599 Points:1,607,570 Joined:Nov 2008	Message Posted: Jul 22, 2012 5:01:37 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:5,596 Points:1,203,580 Joined:Mar 2008	Message Posted: Jul 20, 2012 9:03:53 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 5:29:45 PM Ignore Agarre Report Abuse Tax money ?
HawaiianGuy Champion Author Idaho Posts:9,515 Points:3,077,665 Joined:May 2003	Message Posted: Jul 20, 2012 12:15:36 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:2,993 Points:596,760 Joined:Sep 2011	Message Posted: Jul 20, 2012 10:16:42 AM Ignore sparky808 Report Abuse Thank you for posting.
KhelbenArunson Champion Author Michigan Posts:4,433 Points:715,875 Joined:Apr 2008	Message Posted: Jul 20, 2012 6:21:06 AM Ignore KhelbenArunson Report Abuse Make the oil companies pay the government for coast guard services.
sprocketsplines Champion Author Washington Posts:1,672 Points:858,690 Joined:Oct 2010	Message Posted: Jul 19, 2012 10:36:09 PM 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:51,274 Points:2,141,225 Joined:Nov 2005	Message Posted: Jul 19, 2012 10:00:46 PM 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:4,074 Points:1,100,930 Joined:Jun 2005	Message Posted: Jul 19, 2012 9:22:09 PM Ignore jkpsr Report Abuse Why can't the government subsidized oil companies pay this bill?
quasar502 Champion Author Lansing Posts:3,573 Points:799,400 Joined:Jan 2011	Message Posted: Jul 19, 2012 9:20:57 PM Ignore quasar502 Report Abuse If you want the expansion, you need the infrastructure.
boatfloyd Champion Author Jacksonville Posts:1,708 Points:386,025 Joined:Mar 2012	Message Posted: Jul 19, 2012 9:20:07 PM Ignore boatfloyd Report Abuse Let the Oil Companies pay.
crreed1 Champion Author West Virginia Posts:1,975 Points:2,524,385 Joined:May 2005	Message Posted: Jul 19, 2012 9:18:58 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 9:17:19 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:11,458 Points:2,078,810 Joined:Dec 2006	Message Posted: Jul 19, 2012 9:16:23 PM Ignore Bigwaynef Report Abuse But we need several billion to house & feed the illegals...
1fulltank Champion Author Buffalo Posts:7,893 Points:1,542,360 Joined:Nov 2008	Message Posted: Jul 19, 2012 9:14:40 PM Ignore 1fulltank Report Abuse YAY! Let's all pitch in to help the oil companies!
mpg611 Champion Author Cleveland Posts:2,322 Points:567,745 Joined:Apr 2011	Message Posted: Jul 19, 2012 9:14:20 PM Ignore mpg611 Report Abuse Americans need billions of dollars to full up their vehicle's gas tanks.
ManOfLeisureII Champion Author Philadelphia Posts:1,864 Points:452,950 Joined:Jan 2012	Message Posted: Jul 19, 2012 9:12:57 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:8,459 Points:1,709,660 Joined:Apr 2005	Message Posted: Jul 19, 2012 9:12:24 PM Ignore SavALot Report Abuse Billions gets thrown around so nonchalantly nowadays
millerin Champion Author Orlando Posts:2,300 Points:479,415 Joined:Jan 2012	Message Posted: Jul 19, 2012 9:11:47 PM Ignore millerin Report Abuse hmm...
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,130 Joined:Oct 2008	Message Posted: Jul 19, 2012 9:11:41 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:457,655 Joined:Oct 2011	Message Posted: Jul 19, 2012 9:11:18 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:430 Points:1,728,475 Joined:Sep 2005	Message Posted: Jul 19, 2012 9:11:10 PM Ignore SWAPCAR1 Report Abuse The drillers should pay.
52MPG Champion Author Dayton Posts:7,252 Points:1,739,755 Joined:Apr 2006	Message Posted: Jul 19, 2012 9:10:42 PM Ignore 52MPG Report Abuse Tax the Oil Companies for the cost.
WebGabe Champion Author Pennsylvania Posts:2,359 Points:494,670 Joined:Jun 2007	Message Posted: Jul 19, 2012 9:10:29 PM Ignore WebGabe Report Abuse Ok.
Jeff1944 Champion Author South Dakota Posts:4,227 Points:1,072,755 Joined:Jan 2010	Message Posted: Jul 19, 2012 9:10:00 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:2,053 Points:482,935 Joined:Sep 2011	Message Posted: Jul 19, 2012 9:09:59 PM Ignore dancygreen Report Abuse ok
rawdog1313 Champion Author Lexington Posts:3,294 Points:1,640,955 Joined:May 2008	Message Posted: Jul 19, 2012 9:09:44 PM Ignore rawdog1313 Report Abuse Make them pay for it! It isn't like they can't afford it!
TheeRedRam Champion Author Hartford Posts:3,153 Points:670,685 Joined:Jun 2011	Message Posted: Jul 19, 2012 9:09:15 PM Ignore TheeRedRam Report Abuse Hummm
regout Champion Author Quebec Posts:2,945 Points:830,755 Joined:May 2010	Message Posted: Jul 19, 2012 9:04:45 PM Ignore regout Report Abuse Ok.
12766 Champion Author New York Posts:2,433 Points:1,481,365 Joined:Oct 2008	Message Posted: Jul 19, 2012 9:04:45 PM Ignore 12766 Report Abuse OK
jem069 Champion Author Detroit Posts:2,528 Points:685,130 Joined:Jan 2011	Message Posted: Jul 19, 2012 9:03:39 PM Ignore jem069 Report Abuse ok
miser709 Champion Author Grand Rapids Posts:1,268 Points:1,068,175 Joined:Mar 2004	Message Posted: Jul 19, 2012 9:03:39 PM Ignore miser709 Report Abuse I know where that's coming from.
txkrb Champion Author Texas Posts:1,555 Points:637,305 Joined:May 2011	Message Posted: Jul 19, 2012 9:03:08 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:3,886 Points:770,320 Joined:Mar 2011	Message Posted: Jul 19, 2012 9:02:52 PM Ignore jetskijerry Report Abuse No one seems to care..
jetskijerry Champion Author North Carolina Posts:3,886 Points:770,320 Joined:Mar 2011	Message Posted: Jul 19, 2012 9:02:35 PM Ignore jetskijerry Report Abuse We will eventually doom ourselves.
dabbadu Champion Author New York Posts:1,056 Points:659,505 Joined:Feb 2011	Message Posted: Jul 19, 2012 8:56:01 PM Ignore dabbadu Report Abuse standard operating procedure.
LetemEatCake Champion Author Oklahoma City Posts:5,596 Points:1,203,580 Joined:Mar 2008	Message Posted: Jul 19, 2012 8:55:52 PM Ignore LetemEatCake Report Abuse Drillers should bear the cost!
TheeRedRam Champion Author Hartford Posts:3,153 Points:670,685 Joined:Jun 2011	Message Posted: Jul 19, 2012 8:54:30 PM Ignore TheeRedRam Report Abuse .
Saunch2012 Veteran Author Pennsylvania Posts:451 Points:111,105 Joined:May 2012	Message Posted: Jul 19, 2012 8:48:14 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 8:46:49 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 8:46:14 PM Ignore jferrara41 Report Abuse well???
TFowler513 Champion Author Memphis Posts:3,824 Points:1,412,235 Joined:Mar 2008	Message Posted: Jul 19, 2012 8:46:13 PM Ignore TFowler513 Report Abuse Pay for service model. Permits should have a fee attached to cover the cost.
Zonk Champion Author Michigan Posts:6,471 Points:2,100,815 Joined:Oct 2005	Message Posted: Jul 19, 2012 8:46:02 PM Ignore Zonk Report Abuse Get some of obama's stimulus money.
abcdMA Champion Author Worcester Posts:7,912 Points:1,573,030 Joined:Nov 2008	Message Posted: Jul 19, 2012 8:45:57 PM Ignore abcdMA Report Abuse another hand waiting for money
MrLuigi Champion Author Massachusetts Posts:4,763 Points:964,735 Joined:Jun 2005	Message Posted: Jul 19, 2012 8:44:26 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:9,841 Points:1,611,050 Joined:Jan 2006	Message Posted: Jul 19, 2012 8:42:38 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:4,344 Points:1,451,890 Joined:Sep 2008	Message Posted: Jul 19, 2012 8:39:29 PM Ignore CorvairHaven Report Abuse Your tax dollars at work.
91Hilux Champion Author New Haven Posts:2,157 Points:679,745 Joined:Aug 2007	Message Posted: Jul 19, 2012 8:39:07 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:1,847 Points:359,205 Joined:Oct 2009	Message Posted: Jul 19, 2012 8:30:11 PM Ignore Eugenian Report Abuse Bill the oil companies for it.
feistyfella All-Star Author Georgia Posts:881 Points:192,495 Joined:Jun 2010	Message Posted: Jul 19, 2012 8:29:51 PM Ignore feistyfella Report Abuse Billions