Story last updated at 12/24/2008 - 10:51 am
ANCHORAGE - Gov. Sarah Palin expressed her disappointment Dec. 18 in Shell Oil Company's decision to cancel drilling activities in the Outer Continental Shelf of Alaska's Beaufort Sea for 2009.
The decision comes on the heels of a ruling by a three-judge panel of the Ninth Circuit Court of Appeals on Nov. 20.
"Alaska's economic past and future are tied directly to the development of our abundant natural resources," Palin said. "The loss of this exploration activity will cost our state's families hundreds of jobs next year."
The governor also announced Dec. 18 that the state of Alaska intends to support Shell's petition to the Ninth Circuit Court of Appeals for a rehearing in front of the full court.