Playing with Fire January 12, 2013 : 9:42 AM

Shell maintains that its Arctic drilling operation is safe. What do you think? AP reports:

"There's no indication of a fuel leak from a petroleum drilling ship that ran aground on a remote Alaska island, the Coast Guard says of a maritime accident that has refueled debate over oil exploration in the U.S. Arctic Ocean."

"The Royal Dutch Shell PLC ship was being towed to a Pacific Northwest shipyard for maintenance when it went aground during a vicious storm New Year's Eve."

"Environmentalists for years have said conditions are too harsh and the stakes too high to allow industrial development in the Arctic, where drilling sites are 1,000 miles or more from the closest Coast Guard base."

"For oil giant Shell, which leads the way in drilling in the frontier waters of the U.S Arctic, a spokesman said the grounding will be a learning experience in the company's yearslong effort to draw oil from beneath the ocean floor, which it maintains it can do safely. Though no wells exist there yet, Shell says it has invested billions of dollars gearing up for drilling in the Beaufort and the Chukchi seas, off Alaska's north and northwest coast."