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Why It Costs So Much To Drill In The Arctic

caption: The drilling rig Kulluk was grounded in 2013 after efforts by U.S. Coast Guard and tug vessel crews to move the vessel to a safe harbor during a winter storm during a tow from Dutch Harbor, Alaska, to Everett, Wash.
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The drilling rig Kulluk was grounded in 2013 after efforts by U.S. Coast Guard and tug vessel crews to move the vessel to a safe harbor during a winter storm during a tow from Dutch Harbor, Alaska, to Everett, Wash.
Flickr Photo/U.S. Dept. of Defense (CC BY NC ND 2.0)/http://bit.ly/1Fy3Kkv

Ross Reynolds talks to New York Times reporter Steven Myers about why we haven't seen the arctic oil boom everyone predicted.

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