The results from the BOEM's auction this week were disappointing. The weak interest in the Gulf of Mexico from the industry stems mostly from the current low oil price environment.
This summer has seen unprecedented media coverage on opposition to Arctic drilling, with much of the heightened awareness coming thanks to new and exceptionally creative protest methods.
For Arctic drilling, Shell has a narrow window of opportunity during summer months when low levels of sea ice permit industry operations. If protesters are able to sufficiently delay the rig deployment, they could feasibly derail Shell’s entire 2015 operation.