Eleven US Senate Democrats and Independent Bernard Sanders (Vt.) asked the US Securities and Exchange Commission to make Royal Dutch Shell PLC disclose to the public and investors inherent risks offshore oil drilling poses if there is a spill or other environmental accident. They said in an Aug. 18 letter to SEC Chair Mary Jo White that Shell “provided investors with boilerplate generalities about the potential for an accident and insisted that the company has a sufficient plan for response and clean-up” following problems it encountered drilling off Alaska in 2012. Saying they are worried that other companies drilling for oil and gas on the US Outer Continental Shelf also haven’t disclosed potential risks of drilling off the US Gulf, Atlantic, and Pacific coasts as well as in the Arctic, the senators asked that the SEC fully review the companies’ plans. “America has never been more energy secure with […]