Now Is A Terrible Time For Royal Dutch Shell plc To Drill In The Arctic

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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Owain Bennallack owns shares in Royal Dutch Shell. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.