And Obama wonders why oil prices are high? Shell has abandoned its oil drilling plans in Alaska after an EPA regulatory board denied it permits. This after the oil company had spent $4 billion over five years developing those plans. To me, the quote below reveals much about the political agenda behind the EPA’s decision:
The Environmental Appeals Board has four members: Edward Reich, Charles Sheehan, Kathie Stein and Anna Wolgast. All are registered Democrats and Kathie Stein was an activist attorney for the Environmental Defense Fund.