In this image provided by the U.S. Coast Guard the conical drilling unit Kulluk sits grounded near a beach 40 miles southwest of Kodiak City, Alaska, Thursday, Jan. 3, 2012. (AP Photo/U.S. Coast Guard, Petty Officer 2nd Class Zachary Painter)

Shell’s Plans For Arctic Drilling May Be On Ice After Latest Rig Disaster

(NEW YORK) MintPress – Oil giant Shell started off the new year with a bang — albeit not a welcome one. Late on Dec. 31, its Kulluk drilling rig crashed into the uninhabited Sitkalidak Island in the Gulf of Alaska after stormy weather caused it to pry loose from tug boats that had been pulling it to Seattle […]