JUNE 22, 2010 12:15 PM ET
Illustration by Tim Bower
On June 15th, as BP's catastrophic spill in the Gulf neared its third month, President Obama addressed the nation from the Oval Office. His administration, he assured the American people, would not let such a disaster happen again. He had put an indefinite hold on plans to open up new coastal areas, including Florida and Virginia, to offshore exploration. And he had frozen all new permits to drill in deep waters for six months, to give a blue-ribbon commission time to study the disaster. "We need better regulations, better safety standards and better enforcement," the president insisted.
But Obama's tough-guy act offers no guarantee that oil giants like BP won't be permitted to repeat the same mistakes that led to the nightmare in the Gulf. Indeed, top environmentalists warn, the suspension of drilling appears to be little more than a stalling tactic designed to let public anger over BP's spill subside before giving Big Oil the go-ahead to drill in an area that has long been off-limits: the Arctic Ocean. The administration has approved plans by both BP and Shell Oil to drill a total of 11 wells in the Chukchi and Beaufort Seas above Alaska — waters far more remote and hostile than the Gulf. Shell's operations could proceed as soon as the president's suspension expires in January. And thanks to an odd twist in its rig design, BP's drilling in the Arctic is on track to get the green light as soon as this fall.
This article appeared in the July 8, 2010 issue of Rolling Stone. The issue is available in theonline archive.
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