President Obama on Monday will begin a three-day trip to Alaska to hike on a glacier and call attention to climate change, amid concern from Alaskans and the oil and gas industry that the president merely wants to use the resource-rich state as backdrop to burnish his legacy as an environmentalist.
The sharp drop in oil prices is starting to bite for the world’s longtime top oil-producing nation, Saudi Arabia, and could threaten the seemingly unshakable social contract that has seen the kingdom’s royal family rule for nearly a century with almost no opposition or oversight from the nation’s masses.
Solyndra, the solar panel manufacturer that took more than $500 million from President Obama’s stimulus then went bust, sticking taxpayers for the loss, lied to federal officials to secure the loan, the Energy Department’s inspector general said in a report released Wednesday.
While a New Jersey judge approved the state’s $225 million settlement with Exxon Mobil, he expressed concern over delayed cleanup at a polluted creek, which a state lawmaker says could open up a route to appeal the decision.
From allowing Iran to keep enriching uranium to abandoning “anywhere, anytime” inspections of Tehran’s nuclear facilities, the Obama administration has crossed many of its own red lines in the nuclear deal that will lift tough economic sanctions on America’s longtime adversary.