Showing posts with label George W. Bush. Show all posts
Showing posts with label George W. Bush. Show all posts

Wednesday, July 25, 2007

Erosion may send Alaska oil wells into the ocean

(Reuters) - The disappearance of sea ice that shields against storm-waves, and of permafrost that holds shorelines together, is eating away at the coast of the National Petroleum Reserve-Alaska, according to a U.S. Geological Survey study.




Erosion rates have risen steeply along the coastline of the reserve -- where the administration of President George W. Bush wants to increase oil drilling -- possibly due to warmer weather, the study showed.


Read more at Reuters.com Bonds News