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Energy companies ready to ship oil abroad

Energy companies ready to ship oil abroad

Less than a month after President Barack Obama signed a bill abolishing America’s crude export ban, energy companies are positioning themselves to ship American oil overseas. The first oil tanker left Corpus Christi on New Year’s Eve and is expected to arrive in Italy on Jan. 20. ConocoPhillips produced the oil from Eagle Ford Shale in Texas. The crude will ...

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Long-awaited repeal of export ban signed into law

Obama signs tax, spending bill; oil export ban repealed

President Barack Obama signed into law a $1.1 trillion government funding bill Friday afternoon, dodging a government shutdown and ending a 40-year-old crude oil export ban. U.S producers will now be able to sell crude to the international market. Republicans made lifting the export ban a top priority. They argued the ban was a relic of the Arab oil embargo ...

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Possible tax deal would give big wins to both parties

House Speaker Paul Ryan of Wis. listens as House Minority Leader Nancy Pelosi of Calif. speaks on Capitol Hill in Washington, Wednesday, Dec. 9, 2015, before Ryan signed legislation that changes how the nation's public schools are evaluated, rewriting the landmark No Child Left Behind education law of 2002. (AP Photo/Susan Walsh)

WASHINGTON — White House and congressional negotiators searched for compromise Thursday on huge tax and spending bills with a combined price tag of well over $1 trillion, with leaders hoping to clinch agreements and let Congress adjourn next week for the year. “Not everybody gets what they want when you negotiate in divided government,” House Speaker Paul Ryan, R-Wis., told ...

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GOP-led House moves to block plan to cut emissions

WASHINGTON — As President Barack Obama worked to hammer out a global climate agreement in Paris, Republicans in Congress were moving to block his plan to force steep cuts in greenhouse gas emissions from U.S. power plants. The House was poised to pass two resolutions Tuesday disapproving Obama’s power-plant rules and rendering them inoperative. The measures were approved last month ...

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A look at the Keystone pipeline’s long road to rejection

WASHINGTON — President Barack Obama’s decision to reject TransCanada’s application to build the Keystone pipeline was seven years in the making. Since the company first proposed the 1,179-mile pipeline, the project has been studied, stalled, slammed and hyped — all amid intense political pressure from powerful interests on both sides of the debate. Here’s a look at the Keystone pipeline’s ...

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Black lung debated during federal oversight hearing

House Democrats called for strengthening health and safety protection for miners to prevent black lung disease during a recent oversight hearing. They want the addition of tools needed to enforce safety standards and making it faster for miners to file a claim. During the hearing, two witnesses testified in support of legislative reforms to parts of the Robert C. Byrd ...

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U.S. doles out $15 million to bolster coal state economic transition

WASHINGTON – The Obama administration on Thursday awarded nearly $15 million in grants to projects across 12 coal-reliant states and tribal territories to help them diversify their local economies as the domestic coal industry wanes. The competitive grants are part of the administration’s multi-agency Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative to invest in communities affected by ...

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John Boehner to resign from Congress

In a stunning move, House Speaker John Boehner informed Republicans on Friday that he would step down at the end of October, giving up his coveted leadership post and his seat in Congress in the face of hardline conservative opposition. The 13-term Ohio Republican shocked his GOP caucus early Friday morning when he informed them of his decision in a ...

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Pope Francis: Act now on climate change

Pope Francis’ remarks as prepared for delivery: I am deeply grateful for your welcome in the name of all Americans. As the son of an immigrant family, I am happy to be a guest in this country, which was largely built by such families. I look forward to these days of encounter and dialogue, in which I hope to listen ...

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