Reuters Investigates

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Oil under ice

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Still there

Still there

BP’s Macondo Gulf spill would be nothing compared to the effect of a drilling accident in the Arctic, Jessica Bachman reports from “the foulest place in all of Russia.”  Scientists and Russian officials are just starting to wake up to the fact that “if something happens on the Arctic Barents Sea in November it would be, ‘OK, we’ll come back for you in March,’” Jessica says.

But quite what Russia would do about that is not at all clear. The Russian government gets more than 50 percent of its revenues from oil and gas and Prime Minister Putin’s stated aim is to keep producing more than 10 billion barrels a day through 2020. Environmentalists aren’t the only ones who are worried.