Chron.com (blog) | Shell's Arctic miss is just the oil industry's latest dry hole Chron.com (blog) WASHINGTON — Shell's $7 billion flop in the Arctic Ocean stands out as one of the industry's costliest missed bets, even for an industry used to gambling big. “There are few $7 billion zeros in the industry, so it's fairly unique,” said Dave Pursell ... Oil companies give Arctic the cold shoulder It's Getting Harder for Oil Companies to Make Money. Here's Why. Can Oil Companies Really Be Part Of The Transition To A Low-Carbon Future? |