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Dow Chemical 1Q Net Income Jumps

April 23, 2014 | by The Associated Press | Comments

The Midland, Mich.-based chemical company posted a profit attributable to common shareholders of $964 million, or 79 cents per share, up from $550 million, or 46 cents per share, in the same quarter of 2013.           

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Oil Companies Fight ND Plan To Slow Production

April 23, 2014 10:37 am | by James MacPherson, Associated Press | Comments

The North Dakota Industrial Commission is considering a proposal that would cut back on the state's booming oil production as a means of controlling the amount of natural gas that's being burned off at well sites and wasted as a byproduct of the more valuable substance, oil.

SD Tribe Invokes Treaties Against New Uranium Mine

April 23, 2014 10:33 am | by The Associated Press | Comments

The Oglala Sioux Tribe in southwestern South Dakota is invoking federal treaties and international agreements in protest of a proposed uranium mine in the western part of the state.            

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Utility Says It Is Committed To Plant Site Reuse

April 23, 2014 10:28 am | by The Muskegon Chronicle, Muskegon, MI | Comments

Officials with Consumers Energy said they're committed to helping find a new use for the site of a coal-fired power plant in western Michigan that's scheduled to close in two years.              

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Feds: New Laws, Oversight Needed After Texas Blast

April 23, 2014 10:24 am | by Nomaan Merchant, Associated Press | Comments

The Texas fertilizer plant explosion that killed 15 people a year ago could have been prevented — and agencies at all levels haven't done enough to change the circumstances that led to the catastrophe, federal officials said Tuesday.    

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Natural Gas Pipeline Subcontractor Sues

April 23, 2014 10:21 am | by Kennebec Journal, Augusta, ME | Comments

Another federal lawsuit has been filed in connection with the installation of a natural gas pipeline in the Kennebec Valley. A subcontractor hired to install the pipeline for the $350 million Summit Natural Gas Inc. project is suing the contractor as well as an insurance company.

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Oil Below $102 As U.S. Crude Supplies Seen Rising

April 23, 2014 10:14 am | by Pablo Gorondi, Associated Press | Comments

By early afternoon in Europe, U.S. crude for May delivery was down 22 cents to $101.53 a barrel in electronic trading on the New York Mercantile Exchange. On Tuesday, the Nymex contract fell $1.90 to settle at $101.75.          

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Plastic Machinery Shipments Stay Strong

April 21, 2014 4:40 pm | by Plastics Industry Trade Association | Comments

Business levels for manufacturers and suppliers of primary plastics machinery (injection molding, extrusion, blow molding, and thermoforming equipment) posted another strong quarterly performance in Q4 of 2013.                    

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Labor Talks Sink Platinum & Palladium

April 21, 2014 3:58 pm | by Associated Press | Comments

Platinum and palladium prices dropped sharply Monday on signs that South African mining companies are close to reaching a labor agreement that would end a four-month strike.                          

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PG&E Pleads Not Guilty In Fatal Pipeline Blast

April 21, 2014 3:57 pm | by GARANCE BURKE, Associated Press | Comments

Pacific Gas & Electric Co. pleaded not guilty Monday to a dozen felony charges stemming from alleged safety violations in a deadly 2010 natural gas pipeline explosion that leveled a suburban neighborhood in the San Francisco Bay Area.

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Twelve States Produced 80% Of 2013 Wind Energy

April 21, 2014 12:42 pm | by U.S. Energy Information Administration | Comments

In 2013, 12 states accounted for 80% of U.S. wind-generated electricity, according to preliminary generation data released in EIA's March Electric Power Monthly report.                             

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GMO Crop Controversy Heats Up In Hawaii

April 21, 2014 12:35 pm | by AUDREY McAVOY, Associated Press | Comments

The tiny island state 2,500 miles from the nearest continent is so critical to the nation's modern corn-growing business that the industry's leading companies all have farms here, growing new varieties genetically engineered for desirable traits like insect and drought resistance.

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Energy Boom Drives A Wedge Between Political Parties

April 21, 2014 12:30 pm | by NICHOLAS RICCARDI, Associated Press | Comments

The U.S. energy boom is blurring the traditional political battle lines across the country. Democrats are split between environmentalists and business and labor groups, with the proposed Canada-to-Texas oil pipeline a major wedge. Some deeply conservative areas are allying with conservationists against fracking, the drilling technique that's largely responsible for the boom.

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Corn Waste Fuel Not A Cleaner Alternative

April 21, 2014 12:27 pm | by DINA CAPPIELLO, Associated Press | Comments

Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change.

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Documents Link SDRC Inc. And Keystone XXL

April 21, 2014 11:37 am | by Associated Press | Comments

A state-sponsored company that directed millions of dollars from foreign investors to the idled Northern Beef Packers plant and other projects in South Dakota before running afoul of authorities also attempted to help finance the now-stalled Keystone XL oil pipeline, documents show.

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Halliburton Posts $600M In Q1

April 21, 2014 11:28 am | by Associated Press | Comments

Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago. Its latest results topped Wall Street expectations, and its shares edged up in premarket trading Monday.                      

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