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In this July 28, 2014 photo, two donkeys run through a pasture at the home of Tammy and Rick Huffstutlar in front of wind turbines in Calumet, Okla. A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners. Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly.   (AP Photo/Sue Ogrocki)

Tax dollars blowing in the wind-energy production credit

Crony capitalism plans are so lucrative for a select few that they are hard to kill. Those who get rich make generous campaign contributions, hire lobbyists and run massive public relations propaganda campaigns, using the billions of our tax dollars that they receive.

FILE -  This July 13, 2008 file photo shows Freddie Mac's corporate offices in McLean, Va. Freddie Mac reports quarterly financial results on Thursday, Aug. 7, 2014. (AP Photo/Pablo Martinez Monsivais, File)

Judge rules against investors in gov't dispute

Associated Press

A federal judge on Tuesday ruled against investors who are trying to collect billions of dollars in profits of government-chartered mortgage companies Fannie Mae and Freddie Mac.

Oil refineries are key to turning crude into petroleum products that can be exported. Exports of gasoline, diesel, distillate, propane and other petroleum products soared to a record 4.3 million barrels a day in December, more than twice the 2.1 million barrels a day of petroleum products that the U.S. imported on average last year, according to the Energy Information Administration. (Associated Press)

GRAY: Exporting oil could boost energy markets at home

Allowing in the competition would lower the price, provide cleaner air, and permit more efficient vehicles. We can achieve this even while maintaining America's connection to global energy markets. We can export gas and oil without substantially increasing their price at home.

India's Prime Minister Narendra Modi is making his first visit to Washington, D.C., this week. He had a private dinner with President Obama Monday night, though the White House wouldn't say whether intellectual property reform was on the agenda. (Associated Press)

Modi pressed to address intellectual property reforms

- The Washington Times

Indian Prime Minister Narendra Modi has declared that his nation is "open for business," but some U.S. industry leaders remain troubled by India's policy toward intellectual property rights and question whether the new leader, making his first visit to Washington this week, will follow through on his promise to address the problem.

FILE - This Nov. 9, 2009, file photo, shows the coal-fired San Juan Generating Station near Farmington, N.M. The Santa Fe-based group New Energy Economy is challenging the estimated costs of a plan by PNM to close two units at the power plant and replace the power with a mix of coal, nuclear and solar energy. The group contends PNM didn't include more than a half-billion dollars of ongoing capital expenditures in the calculations and failed to weigh the costs of environmental regulations and the disposal of coal ash waste generated by the power plant. (AP Photo/Susan Montoya Bryan, File)

EPA signs off of power plant proposal

Associated Press

Federal regulators have signed off on a settlement that calls for shutting down part of a coal-fired power plant in northwestern New Mexico that serves more than 2 million customers in the Southwest.

Natural gas wellhead huts, central delivery points and other infrastructure dot the Jonah Field on Monday, Sept. 8, 2014 near Pinedale, Wyo. Jonah Energy recently acquired Encana's natural gas assets in the area. (AP Photo/Casper Star-Tribune, Alan Rogers)

Encana buying Athlon Energy for $5.93 billion

Associated Press

Oil and natural gas company Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas's booming Permian Basin.

FILE - In this March 4, 2014 file photo, a monument to Ukrainian poet and writer Taras Shevchenko is silhouetted against an apartment building with a sign advertising Russia's natural gas giant Gazprom, in Moscow, Russia. Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing Russia's ability to develop oil and gas projects. But the restrictions on Russia's energy sector were carefully crafted to avoid impacting the country's current production of oil and gas, a move that would raise global energy prices at time of weak economic growth. Russia is the largest oil exporter outside of OPEC and the most important supplier of natural gas to Europe. (AP Photo/Alexander Zemlianichenko, file)

Russia, Ukraine in talks on gas as winter looms

Associated Press

Russia and Ukraine are holding talks to solve their long-running gas dispute as pressure mounts for a solution to head off a winter supply crisis in Ukraine and beyond.

A linesman works to restore electrical power, Friday, Feb. 7, 2014, in Downingtown, Pa. A small army of electricity restoration crews labored Friday to reconnect about 330,000 customers in Pennsylvania and Maryland.  (AP Photo/Matt Rourke)

Massachusetts electric rates shoot up 37 percent

Associated Press

Many Massachusetts households are going to see their electric bills shoot up 37 percent this winter, a rate increase that some advocates fear will put additional strain on low-income families.

U.S. officials are optimistic that the election of new pro-business Indian Prime Minister Narendra Modi will enhance bilateral trade between the two countries, which have lagged far behind American business transactions with rival China. (associated press)

Pro-trade Indian leader to visit Washington

- The Washington Times

U.S.-Indian economic relations have long been heavy on promise and light on performance. U.S. officials and business leaders are hoping the visit of new pro-business Indian Prime Minister Narendra Modi to Washington this week will change that dynamic and boost trade and investment between the world's two largest democracies.

FILE - This Jan. 23, 2013 file photo shows a real estate sign in front of  a home in Downey, Calif. California home sales declined in July 2014 compared to the same time the previous year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday, Aug. 14, 2014. (AP Photo/Jae C. Hong, File)

US existing home sales fall in August

- Associated Press

Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.