Unformatted text preview: our dependency on Middle East supplies and give of moderate security in the future. On the other hand, drilling in Alaska is extremely detrimental to the Alaskan environment and does nothing to move towards sustainable energy. I definitely side with the Alaskan officials in this case, although. This demonstrates their attempt to ride the middle road. While they are interested in tapping the huge amount of oil deposits, they are making sure they do this without permanently damaging anything. The rejection of this deal was mainly on the basis that Exxon is pushing things to fast and stepping over important boundaries. The Alaskan officials are taking control and not allowing monetary values to override the externalities that result. Gold, Russell. (2008, April 23). Exxon Plan is Rejected in Alaska. The Wall Street Journal p. B3...
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- Spring '08
- Standard oil, Mobil, Petroleum industry