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Brine Pipeline Leak Cleanup Could Take Weeks

July 9, 2014 2:50 pm | by JOSH WOOD, JAMES MacPHERSON, Associated Press | Comments

Company and tribal officials say a pipeline on North Dakota's Fort Berthold Indian reservation has leaked 1 million gallons of saltwater, with some of the fluid finding its way to a bay that leads to a lake that provides drinking water for the reservation.

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Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Helps Lift The Market

July 9, 2014 2:48 pm | by KEN SWEET, AP Markets Writer | Comments

Positive earnings news from Alcoa gave the stock market a modest lift Wednesday, helping reverse a two-day decline.                                              

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Coal Company Sues Competitor After Breached Deal

July 9, 2014 2:42 pm | by JIM SUHR, AP Business Writer | Comments

A leading U.S. coal company is suing a rival with which it shared confidential business plans during a deal that later fizzled, saying the competitor used the proprietary details to buy up land in southern Illinois to thwart the accuser's expansion plans.

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Oil Boom Boosts State Wage Averages

July 9, 2014 2:33 pm | by JAMES MacPHERSON, Associated Press | Comments

Well-paying jobs in western North Dakota's oil-producing counties helped propel the state's average annual pay by 4 percent last year to almost $48,000, state data show, though the state still hovers slightly below the national average.  

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Old Tires Find New Lives

July 9, 2014 2:28 pm | by AYE AYE WIN, Associated Press | Comments

Old truck tires are transformed into rubber washers and bushings for cars and rice mills. Machine parts, buckets and flip-flops — the most popular footwear in the rural areas — are among the biggest sellers for tire recyclers.                 

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Plea Hearings Set In Coal Kickback Case

July 9, 2014 2:24 pm | by Associated Press | Comments

A federal judge has set plea hearings for 10 men accused of participating in a kickback scheme at an Arch Coal mine in West Virginia.                                        

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A handful of the hundreds of creditors seeking compensation from the company at the center of West Virginia's chemical spill that deprived residents of usable tap water for days questioned top executives Tuesday in bankruptcy court.

Freedom Industries To Start Dismantling Next Week

July 9, 2014 2:21 pm | by Associated Press | Comments

After running into asbestos problems, the company at the center of a January spill into West Virginia's biggest water supply plans to start dismantling its tanks Monday.                   

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Power Plant Component Maker Seeks Multi-Million Tax Incentive

July 9, 2014 2:20 pm | by GEOFF MULVIHILL, Associated Press | Comments

A company that makes components for power plants is seeking a $260 million, 10-year New Jersey tax incentive to do business in Camden in a deal that would be the third-most lucrative business incentive package ever from New Jersey's state government.

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Surging Permian Basin Formations

July 9, 2014 11:14 am | by U.S. Energy Information Administration | Comments

The Permian Basin in Texas and New Mexico is the nation's most prolific oil producing area. Six formations within the basin have provided the bulk of Permian's 60% increase in oil output since 2007.              

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Lightning Causes Explosion, Fire & Oil Spill

July 9, 2014 11:09 am | by JOSH WOOD, Associated Press | Comments

A lightning strike sparked a fire and explosion that destroyed the third North Dakota saltwater disposal facility in recent weeks, sending thick black smoke billowing into the sky and leaving the smell of oil in the air.                            

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Oil Down To $103 On Bump In Libyan Supplies

July 9, 2014 11:03 am | by PABLO GORONDI, Associated Press | Comments

Oil prices inched down toward $103 a barrel Wednesday as supply concerns dissipated and investors awaited the release of figures on U.S. stockpiles of crude and refined fuels that will be a key indicator of demand.                      

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Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Reports 2Q Profit, Revenue Flat

July 9, 2014 10:55 am | by Associated Press | Comments

The company reported strong results in its engineered-products business, which makes parts for industrial customers, while looking to cut costs in its aluminum-smelting segment.                     

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Global Plan To Cut Emissions - U.S. Vs China

July 9, 2014 10:53 am | by LOUISE WATT, Associated Press | Comments

China and the United States took small steps toward their shared goal of fighting climate change, but the world's No. 1 and No. 2 carbon emitters remain significantly apart over a wider global plan to cut emissions.                       

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Mississippi Regulators Seek Input To Fight Carbon Emission Rules

July 9, 2014 10:45 am | by JEFF AMY, Associated Press | Comments

The Mississippi Public Service Commission is seeking input from others, including utilities, in its efforts to fight proposed federal rules that would cut carbon dioxide emissions from Mississippi's power plants.                          

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BP plans to create a separate, more competitive business to manage its onshore oil and gas assets, including its shale operations, in the 48 contiguous U.S. states.

Court To Reexamine BP Disaster Deaths

July 9, 2014 10:43 am | by KEVIN McGILL, Associated Press | Comments

Prosecutors tried Tuesday to persuade a federal appeals court to reinstate some of the manslaughter charges against two BP employees in a case arising from the deaths of 11 workers in the 2010 Deepwater Horizon rig explosion in the Gulf of Mexico.

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