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Editorial: Allowing US oil exports is shortsighted

oil tanker and a sail boat

Having access to oil is critical to the United States. It is, in fact, a matter of national security. Yet, old fashioned greed has clouded judgment as Congress, as part of its budget agreement, is lifting crude oil export restrictions that have effectively banned most sales of U.S. crude oil abroad. The price of crude oil has plummeted around the ...

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Wanted: A path forward for Sandpiper

Enbridge pipeline

A badly needed pipeline to haul Bakken crude across North Dakota and northern Minnesota was waylaid and cast into uncertainty in September by the Minnesota Court of Appeals. Just three months earlier, the Minnesota Public Utilities Commission had issued a “certificate of need” for the project known as Sandpiper. But the commission should have required the completion of an Environmental ...

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Editorial: Some good, local ideas for ‘cap & trade’ to fight global pollution

Oil and gas refinery operates amidst a global shift away from fossil fuels in an effort to fight climate change and global warming

The U.S. can no longer continue its political complacency over climate change and the impact it will have worldwide. We say “political” complacency as the majority of Americans support the U.S. joining an international pact to reduce greenhouse emissions — two-thirds of them, in fact, according to a New York Times/CBS poll released last week, which coincided with President Barack ...

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Editorial: Bill Gates deserves praise for his green energy revolution

Bill Gates is positioned to remake the energy landscape, corralling 28 billionaire investors to advance clean-energy research.

Bill Gates is positioned to remake the energy landscape, corralling 28 billionaire investors to advance clean-energy research. In his announcement, Gates distilled the wonky jargon of the Paris climate conference into something tangible: money for new clean-energy technology. Gates’ project has teeth. And once the diplomatic chatter at the conference begins to quiet, it may end up as the last, ...

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Editorial: Work to keep renewable fuel standards high

An ethanol production plant in South Dakota.

Kudos to the Environmental Protection Agency and Obama administration for increasing preliminary Renewable Fuel Standards, but the new standard still misses the mark. Renewable Fuel Standards — how much biofuel will be produced and blended with traditional gasoline — were initially set by Congress in 2005 and expanded and updated as part of the 2007 Energy Independence and Security Act. ...

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U.S. propane stocks hit record despite strong exports: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Liquefied petroleum gases (LPG) are the fastest-growing category of hydrocarbon exports from the United States, with volumes up almost four-fold since 2012. Exports have grown from less than 200,000 barrels per day in 2012 to an average of 743,000 bpd so far in 2015 and ...

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Editorial: Prioritizing fighting terrorism over climate change is a no-win scenario

The start of the Paris climate summit on Monday should be a moment of glory for President Obama. His administration has instituted the country’s first serious action against climate change by requiring dirty coal plants to drastically lower emissions. He played a key role in China’s dramatic attitude shift on climate. His rejection of the Keystone XL pipeline prompted a ...

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U.S. traffic is growing at fastest rate since 1997: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Traffic on U.S. roads is growing at the fastest rate in almost two decades, as cheap gasoline, coupled with a strong economy, encourages motorists to use their cars more. U.S. motorists drove 3.12 trillion miles in the 12 months ending in September 2015, an increase ...

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Editorail: Defeating Islamic State — without a U.S. invasion

When President Obama announced an international campaign to “degrade and ultimately destroy” Islamic State last year, the organization was primarily a regional threat, inflicting its savagery on the people of Iraq and Syria and on hostages from other countries who were captured in the Middle East. But the coordinated attacks in Paris that killed 130 people and the downing of ...

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