An emerging glut in U.S. oil markets is one more reason the U.S. government should lift long-standing bans of exporting oil to foreign customers, the head of one of the country’s biggest energy giants said Tuesday.
No state among the lower 48 has been hit harder by the drop in oil prices than North Dakota, which is why Gov. Jack Dalrymple, a Republican, has taken a page from U.S. military tactics in Iraq and signed off last week on a $1.1 billion “surge” designed to buck up the state’s infrastructure needs as it adjusts to changing times.
President Obama on Tuesday sided firmly with environmentalists in vetoing a bill that would approve the Keystone XL oil pipeline, a move that sparked a bipartisan backlash on Capitol Hill and deepened a rift between the administration and key Democratic allies in organized labor.
The charismatic and controversial head of the leading U.N. panel on climate change quit amid sexual harassment accusations from a 29-year-old woman at a research center in Delhi, India.
Some of Hollywood’s biggest elites — including Julianne Moore, Alec Baldwin and Robert Redford — are getting in on the Keystone Pipeline XL political action, telling President Obama in no uncertain terms: Veto the bill and put an end to the project.