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Natural gas companies pounded by low prices

From driving to home heating, consumers are benefiting directly from reduced energy prices, but shareholders of companies involved in producing and delivering liquid fuels are feeling the pinch. In The Times-Tribune survey of publicly traded companies with a significant presence in Northeast Pennsylvania, natural gas and natural gas transportation companies comprised four of the five poorest performers — the laggards. ...

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Peru anti-oil exploration protest leaves 1 dead, 22 wounded

LIMA, Peru — Angry protesters pelted a police headquarters with rocks on Wednesday after security forces fired on locals protesting oil and natural gas exploration in the Peruvian Amazon. At least one person was killed by gunfire and 22 wounded, hospital officials said. Protesters were repelled Tuesday night after entering part of a military base used by the Argentina company ...

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Ecuador issues permit to drill in Amazon reserve

QUITO, Ecuador (AP) — Ecuador’s government has issued an environmental permit for oil drilling in the pristine Amazon reserve that President Rafael Correa initially offered to exempt from exploration if rich countries would pay his government. Correa abandoned that effort last year due to insufficient interest and has spurned pleas by environmentalists to spare the Yasuni reserve. Earlier this month, ...

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Peru Indian leader on trial for highway massacre

By Franklin Briceno | Associated Press The leader of Peru’s main indigenous group and 52 others went on trial Wednesday in the killing of a dozen police officers after security forces fired on protesters opposed to plans to open the Amazon to widespread logging and oil drilling. In all, 22 police officers and 10 civilians were killed in the 2009 ...

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Amazon testing delivery with drones, CEO Bezos says

Dec 1 (Reuters) – Amazon.com Inc is testing delivery packages using drones, CEO Jeff Bezos said Sunday on the CBS television program “60 Minutes.” Bezos said the drones, unmanned vehicles that fly through the air, could deliver packages that weigh up to five pounds (2.3 kg). That represents roughly 86 percent of packages that Amazon delivers, he said. The drones, which would ...

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