Shell‘s (LSE: RDSA)(LSE: RDSB) already expensive and decade-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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Now Is A Terrible Time For Royal Dutch Shell plc To Drill In The Arctic
VIDEO: One Fool takes a closer look at Royal Dutch Shell plc (LON:RDSA) (LON:RDSB)
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
