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Between Cheap Gas And Carbon Caps, Oil Sands Face Uncertain Fate

Shell's Jack Pine Mine near Fort MacKay, Alberta. The largest trucks, called "heavy haulers," can hold 400 tons of oil sands material. It takes 2 tons to produce one barrel of oil. Jeff Brady/NPR hide caption

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Jeff Brady/NPR

Energy

Between Cheap Gas And Carbon Caps, Oil Sands Face Uncertain Fate

Canada's potentially lucrative oil sands business faces serious economic challenges. It has some concerned about its future as environmental critics look for ways to keep the oil in the ground.

Between Cheap Gas And Carbon Caps, Oil Sands Face Uncertain Fate

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Shell Oil Abandons Controversial Drilling Off Alaska's Shore

ShellNo flotilla participants float near the Polar Pioneer oil drilling rig during demonstrations in May against the presence of the first of two Royal Dutch Shell oil rigs in the Port of Seattle. David Ryder/Getty Images hide caption

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David Ryder/Getty Images

The Two-Way

Shell Oil Abandons Controversial Drilling Off Alaska's Shore

Shell announced the move late Sunday, describing what the company called "a clearly disappointing exploration outcome" in the Chukchi Sea, which is part of the Arctic Ocean.