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Net Energy Imports At Lowest Level In 29 Years

October 10, 2014 4:13 pm | by U.S. Energy Information Administration | Comments

Total U.S. net imports of energy as a share of energy consumption fell to their lowest level in 29 years for the first six months of 2014.                                     

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The economic reports this week were mixed with several reports coming in weaker than expected.

Converting Plastic Into Oil Could Add $9B To The U.S. Economy

October 10, 2014 4:08 pm | by American Chemistry Council | Comments

Wide-scale deployment of emerging technology that converts used, non-recycled plastics into oil could generate up to $9 billion in annual U.S. economic output and create upwards of 40,000 domestic jobs, according to a report released by the American Chemistry Council.

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Oil Dealers Sue Over Gas Expansion Plan

October 10, 2014 3:59 pm | by Associated Press | Comments

Connecticut oil dealers are suing over Gov. Dannel P. Malloy's drive to expand the use of natural gas, demanding environmental reviews.                                       

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OSHA Launches Dialogue On Hazardous Chemical Exposures

October 10, 2014 3:41 pm | by U.S. Dept. Of Labor | Comments

The U.S. Department of Labor's Occupational Safety and Health Administration announced it is launching a national dialogue with stakeholders on ways to prevent work-related illness caused by exposure to hazardous substances.                                   

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Venezuela Ordered To Pay $1.6B To Exxon

October 10, 2014 9:21 am | by LUIS ALONSO LUGO, Associated Press | Comments

An international arbitration panel ordered Venezuela's socialist government on Thursday to pay $1.6 billion to Exxon Mobil for the seizure of a major oil project in the South American country and other losses.                          

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EPA Head Lauds Community Investments In Mitigation

October 9, 2014 5:26 pm | by JENNIFER KAY, Associated Press | Comments

The millions of dollars invested by communities like Miami Beach in climate change adaptation need the backup of long-term national policies like the president's plan to reduce carbon dioxide emissions from power plants, the head of the Environmental Protection Agency said Thursday.

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Offshore Oil & Renewables In East Coast's Future

October 9, 2014 5:23 pm | by EMERY P. DALESIO, AP Business Writer | Comments

Fossil fuel and wind power companies are focusing on America's East Coast as a coming energy hub and industry representatives said Thursday they want politicians to ease up regulatory restraints in return for the promise of jobs and tax revenues.

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Satellites See Hot Spot Of Methane In The Southwest

October 9, 2014 5:21 pm | by Seth Borenstein, AP Science Writer | Comments

A satellite that measured the potent global-warming gas methane in the atmosphere has found a surprising hot spot over the southwestern U.S.                               

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Dow Plunges As Energy Market Drags Down

October 9, 2014 5:19 pm | by KEN SWEET, AP Business Writer | Comments

Turbulence returned to Wall Street for a third day Thursday, with the Dow Jones industrial average plunging more than 250 points in late afternoon trading. Energy stocks fell sharply as the price of oil dropped again, and Gap's stock plunged after the company announced its CEO was retiring.

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California Power Regulator Exits Amid Criticism

October 9, 2014 5:17 pm | by ELLEN KNICKMEYER, Associated Press | Comments

California's chief utility regulator, under fire over accusations of secret dealings with the state's largest utility, said Thursday he will not seek reappointment when his term ends at the end of the year.                                          

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Georgia Lawmakers Consider New Power Rules

October 9, 2014 5:15 pm | by Associated Press | Comments

Georgia lawmakers heard contrasting views Thursday on how the state could meet proposed rules limiting carbon emissions from power plants.                              

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Flavors Fuel Food Industry, But Remain A Mystery

October 9, 2014 5:12 pm | by CANDICE CHOI, AP Food Industry Writer | Comments

They help give Coke its distinctive bite and Doritos its cheesy kick. But the artificial and natural flavors used to rev up the taste of processed foods remain a mystery to most Americans.

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Ad Campaign To Bolster Fracking

October 9, 2014 10:23 am | by Big Market Research | Comments

Shale drillers must overcome image issues and endeavors to raise charges in the event that they need to grab a chance to make Pennsylvania a long term energy center, analyst and administrators stated.                             

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Deal Struck To Replace Midla Pipeline

October 9, 2014 10:21 am | by Associated Press | Comments

American Midstream Partners will build a new natural gas pipeline that will preserve service to thousands of customers from Winnsboro, Louisiana, to Natchez, Mississippi.                                  

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Lego Scraps Shell After Arctic Protest

October 9, 2014 10:19 am | by JAN M. OLSEN, Associated Press | Comments

Danish toy maker Lego said Thursday it won't renew a deal allowing Shell to hand out Lego sets at its gas stations in some 30 countries, following a viral campaign protesting Arctic drilling.                                   

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