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Saudi oil minister Ali al-Naimi is surrounded by journalists during the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting Saturday in Cairo, Egypt. OPEC oil ministers downplayed expectations of, but didn't dismiss outright, an immediate output cut as they faced a third test in as many months of their ability to engineer a rebound in oil prices. (Associated Press)

Saudi says oil decisions not linked to politics

Associated Press

Saudi Arabia's oil chief said in comments published Thursday that there are no links between the kingdom's decision to oppose production cuts and political objectives — an apparent response to accusations last week from Shiite powerhouse Iran.

New York Gov. Andrew Cuomo said Wednesday he accepted the decision of the state Department of Environmental Conservation to ban high-volume hydraulic fracturing statewide as a result of a state health department review. (Associated Press)

Gov. Andrew Cuomo OKs fracking ban in New York state

- The Washington Times

New York on Wednesday announced it will become the second state to ban hydraulic fracturing, ending a five-year moratorium and handing a pivotal win to foes of the revolutionary oil-drilling technique while fueling outrage from proponents of job growth.

Birds fly past at sun set as smoke emits from a chimney at a factory in Ahmadabad, India, Monday, Dec. 8, 2014. The momentum from a historic U.S.-China pact to resist global warming is showing signs of fading at the U.N. climate talks in Peru as the familiar rich-poor conflict persists over who should do what to keep the planet from overheating. The conference's high-level phase begins Tuesday. (AP Photo/Ajit Solanki)

Manufacturers association chief sees little hope for Obamacare relief

- The Washington Times

Resurgent U.S. manufacturers face headwinds from Obamacare's mandates and taxes, but the law's namesake has two more years in the White House and public benefits will be hard to reel back despite the recent midterm election results, National Association of Manufacturers President and CEO Jay Timmons said.

Sen. Lisa Murkowski, Alaska Republican, offered muted protest when President Obama declared Bristol Bay exempt from energy exploration indefinitely. "It is incredibly frustrating that this administration looks at Alaska ... and decides that conservation is our most pressing need," she said. (Associated Press)

Obama makes Alaska's Bristol Bay exempt from energy exploration

- The Washington Times

President Obama declared a swath of Alaskan coastline off-limits to oil and gas leasing Tuesday, in a move the White House said would protect fisheries and wildlife but which brought a muted complaint from the state's Republican senator over how the decision was made.

Qatari Oil Minister Mohammed bin Saleh al-Sada, center, speaks during the Gas Exporting Forum where gas exporting countries had their 16th ministerial meeting in Doha, Qatar, Tuesday, Dec. 16, 2014. (AP Photo/Osama Faisal)

Qatar energy minister: OPEC monitoring oil's slide

Associated Press

Qatar's energy minister says OPEC is monitoring the drop in oil prices closely following a months-long slide that has left crude trading at its lowest point in more than five years.

The secretary-general of OPEC, Abdullah al-Badri, talks at a panel during the Arab Strategy Forum during the opening day in Dubai, United Arab Emirates, Sunday, Dec. 14, 2014. Al-Badri is urging Gulf Arab nations to continue investing in oilfield development despite the sharp slide in crude prices. (AP Photo/Kamran Jebreili)

OPEC chief urges oil investment despite low prices

- Associated Press

The secretary-general of OPEC on Sunday urged Gulf Arab nations to keep investing in oilfield development despite the plunge in crude prices and gave no indication the cartel was prepared to shift its strategy to halt the slide.

In this Oct. 14, 2014 file photo, an oil pump works at sunset in the desert oil fields of Sakhir, Bahrain. The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over whether this is a good or bad thing. (AP Photo/Hasan Jamali, File)

Why oil is down by half, what it means for you

- Associated Press

The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over whether this is a good or bad thing.

Put in stark terms, under President Obama's watch, inside America there now are fewer "chickens" in more "pots", while geopolitical risks surge higher putting international results for most companies in greater jeopardy, says Washington Times columnist Charles Ortel. (AP Photo/Jacquelyn Martin)

Under Obama, economic growth withers

When stock market investors demand dividend yields that are substantially higher than interest rates, they are screaming out a message the wider public should note well — financial sophisticates do not believe the economic-growth story that the Obama administration so ham-handedly still tries to sell.

In this Nov. 5, 2014 file photo, Nissan trim and chassis workers work on a new 2015 Nissan Murano at the Nissan plant in Canton, Miss. The Labor Department releases the Producer Price Index for November on Friday, Dec. 12, 2014. (AP Photo/Rogelio V. Solis, File)

Cheaper gas, food lower US producer prices

- Associated Press

Falling gas and food costs pushed down overall U.S. wholesale prices last month, evidence that cheaper oil worldwide is limiting inflation.

Mexico's President Enrique Pena Nieto gives his second state-of-the-nation address inside the National Palace in Mexico City, Tuesday, Sept. 2, 2014.  (AP Photo/Eduardo Verdugo)

Mexico opens bidding for outsider oil exploration

- Associated Press

The government announced on Thursday the start of bidding for oil exploration rights in 14 areas of the Gulf of Mexico being opened to domestic and international companies as Mexico ends a seven-decade state monopoly on the petroleum business.

Russian President Vladimir Putin, left, and Indian President Pranab Mukherjee meet in New Delhi, India, Thursday, Dec. 11, 2014. Facing a stumbling economy at home and increasingly biting Western sanctions, Russian President Vladimir Putin sought Thursday to strengthen once-close relationship with India through an ambitious plan to help New Delhi build at least 12 new nuclear reactors. (AP Photo/RIA Novosti Kremlin, Mikhail Klimentyev, Presidential Press Service)

Putin turns to India to clinch new deals

- Associated Press

Facing a stumbling economy at home and increasingly biting Western sanctions, Russian President Vladimir Putin sought Thursday to strengthen once-close relationship with India through an ambitious plan to help New Delhi build at least 12 new nuclear reactors.