EPA killing off more energy production as gas price over $3

Shell Oil has given up trying to drill in the Arctic this season, thanks to the White House:

U.S. Sen. Mark Begich, D-Alaska, blamed the Obama administration and the EPA.

“Their foot dragging means the loss of another exploration season in Alaska, the loss of nearly 800 direct jobs and many more indirect jobs,” Begich said. “That doesn’t count the millions of dollars in contracting that won’t happen either at a time when our economy needs the investment.”

Oil isn’t a politically connected industry.