Shell Is Pulling Out of the Alaskan Arctic. So What Does That Mean for Seattle and Terminal 5?

Now that Shell's canceling its Arctic plans, there will "probably be some work to unwind the project" at the Port of Seattle's Terminal 5. Kelly O
After a $7 billion hunt for offshore oil in the Alaskan Arctic, Shell announced last night that the company is leaving the area for "the foreseeable future." This year's exploratory drilling season didn't turn up the oil and gas the company hoped it would."Shell has found indications of oil and gas in the Burger J well, but these are not sufficient to