What is the current status of offshore oil drilling in the Arctic Ocean?
A)Although open waters are now making offshore drilling more feasible,weather conditions have thus far hampered efforts to pursue offshore drilling there.
B)There has been a moratorium on new offshore drilling projects in the Arctic Ocean as a result of the BP accident in the Gulf of Mexico.
C)An international treaty similar to the one protecting Antarctica has been ratified by 184 nations.This treaty bans oil development and other ecologically detrimental activities in the open waters of the Arctic Ocean.
D)Melting sea ice has allowed many companies to successfully drill for oil in waters that were previously off -limits because of icebergs and a solid layer of sea ice.
E)Canada,Russia,Denmark,Norway,and the U.S.have exclusive rights to all offshore drilling in the Arctic Ocean,although these countries may sell drilling rights to other countries as they see fit.

Question

Quizplus · Accepted Answer

The harsh weather conditions and environmental concerns have made offshore drilling in the Arctic Ocean challenging, despite the potential feasibility due to open waters.

What Is the Current Status of Offshore Oil Drilling in the Arctic