Oil Giants Eye Arctic Reserves; Environmentalists Urge Moratorium

Published September 28, 2012

As oil giant Shell calls a temporary halt to its exploration activities in the Arctic over safety concerns, lawmakers in Britain are urging international governments to seek a moratorium on offshore drilling in the region. Environmentalists say an oil spill could cause catastrophic, irreversible damage. Henry Ridgwell reports for VOA that with global demand set to rise, though, some say it’s time to look at ‘unconventional resources’.