Shells (LSE: RDSA)(LSE: RDSB)already expensive anddecade-long campaign to win permission to drill for oil in the Arctic has reached a new stage, with the company having all the permits it needs in place to start prospecting for Arctic oil. But one Fool argues that what it lacks is a good reason to do so.
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Owain Bennallackowns shares in Royal Dutch Shell. The Motley Fool UK has no position in any of the shares mentioned. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
To find out the strategies to adopt if you want tobecome one of the growing number of surprise UK millionaires, read this FREE Motley Fool report:’7 Simple Steps For Seeking Serious Wealth‘ while it remains available!