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Reid to Focus on Clean Energy Jobs at Las Vegas Summit
Tweet Share on Facebook August 10, 2011 Comment (3)Business on Capitol Hill is slow this month, but politicians are still working hard around the country to promote their energy agendas. For Senate Majority Harry Reid the big event comes later this month, on Aug. 30, when he co-hosts the 4th Annual National Clean Energy Summit in his homestate Nevada. [Read more about energy and climate change.]
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Global Economic Problems Could Mean Lower Gas Prices
Tweet Share on Facebook August 10, 2011 CommentAs previously reported on the Energy Intelligence blog, the economic turmoil of the past week could bring a silver lining for American consumers: lower gas prices. The price of crude oil, a major component of gasoline, closed on Tuesday at around $79 per barrel, the lowest since last September and a sharp decrease since the start of August. And, according to a report released today by the International Energy Agency, with recent fears over a double-dip recession lowering growth in demand around the world, the price of oil could continue downward. [See a roundup of political cartoons on gas prices.]
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Oil Prices a Silver Lining Amid Grim Indicators
Tweet Share on Facebook August 5, 2011 Comment (2)The U.S. economy has been on a bumpy ride this week, beset by debt-ceiling uncertainty, disappointing consumer spending numbers, a potential European debt crisis, and Thursday's 518-point plunge in Dow Jones Industrials. Amid widespread worries of a double-dip recession, crude prices also continued to fall, meaning that Americans may see a fringe benefit to the economic turmoil: lower gas prices.
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Economic Jitters Offer Relief in Gas Prices
Tweet Share on Facebook August 4, 2011 Comment (1)Patrick DeHaan is a senior petroleum analyst at gasbuddy.com.
The national average for oil prices has been climbing for several weeks, albeit quite slowly, but recent reports have caused concern that the economy isn't as healthy as was thought. After a debt ceiling agreement was negotiated last weekend, oil prices rose to near $100/barrel. A debt agreement was viewed as good for the economy and thus oil prices gained. All that momentum quickly shifted as a key manufacturing report was released and caused investors to question the economic improvement we've seen.
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Chamber of Commerce Calls U.S. Energy Security Risk High
Tweet Share on Facebook August 4, 2011 Comment (2)Energy security is a favorite talking point around Washington. It's used by proponents of clean energy just about as often as its espoused by supporters of offshore drilling or traditional energy sources like coal. The problem is, it's too often discussed only in the abstract. The U.S. Chamber of Commerce seems to have come up with a solution to that.
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Blanche Lincoln Helps Small Businesses Fight Federal Regulations
Tweet Share on Facebook August 4, 2011 Comment (5)Crusading against government regulations has been a favorite pastime of House Republicans this session of Congress, and now, there's longtime Democrat joining the charge. Former Arkansas Sen. Blanche Lincoln, who barely scraped through her state's Democratic primary to lose her seat in the general election last year, is the chairman of the National Federation of Independent Business's new Small Businesses for Sensible Regulations campaign.
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New Taxes on Oil Industry Would Be Like Cooking the Golden Goose
Tweet Share on Facebook August 3, 2011 Comment (1)Daniel Kish is the senior vice president of policy at the Institute for Energy Research
President Obama and his like-minded congressional colleagues think they’ve found a way to help plug the gaping hole in the federal budget: Impose massive new taxes on the oil industry. While such a money-grab might be good politics, it actually harms jobs and economic health while losing money for the Treasury.
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How Should NRC Respond to Japan's Nuclear Disaster?
Tweet Share on Facebook August 2, 2011 CommentIt's important to learn from one's own mistakes. But when the mistakes are someone else's, are the lessons as significant?
