Monthly Archives: January 2009

Raise the Gax Tax, End Our Oil Addiction

There’s a revenue-neutral way to treat our oil addiction. Original post by Richard G. Lugar
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Exxon Roars To Record In Oil Slump

Exxon Mobil finished a roller-coaster year in the oil markets with an all-time record $45.2 billion in profits, despite fourth-quarter earnings that were a third lower than the same period a year before. Original post by Steven Mufson
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Corporate Survival Mode

From oil drillers that have closed down rigs to retailers that have liquidated stores, companies across America are reshaping themselves with breathtaking speed to adjust to the rapidly spreading financial crisis. Original post by Heather Landy and Peter Whoriskey
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Obama Announces New Energy, Environmental Policies

President Obama today promised new U.S. leadership in the fight against global warming as he announced a series of steps aimed at making American cars more fuel efficient and reducing greenhouse gases, including a directive to the Environmental Protection Agency to reconsider granting California and… Original post by William Branigin, Juliet Eilperin and Steven Mufson
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At Senate Hearing, Chu Tempers Comments on Gas Tax, Coal

Steven Chu, President-elect Barack Obama’s nominee for Energy secretary, presented strong views yesterday on the need to combat climate change while delicately handling questions from senators about his past criticism of coal use, endorsement of gasoline taxes and embrace of a cap-and-trade system… Original post by Steven Mufson
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Road to Fuel Efficiency Is Lined With Orange Cones

DETROIT, Jan. 11 Within the halls of the North American International Auto Show, the world’s automakers were jockeying yesterday to promote their electric cars. Original post by Kendra Marr
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Environmentalist Creates Uproar at Oil-Lease Auction by Running Up Prices

LOS ANGELES — Instead of joining his protester friends on the snowy sidewalk outside the Bureau of Land Management office in Salt Lake City, Tim DeChristopher took a seat inside. In a room milling with oil and gas men who knew one another by sight, he was the unknown in a red parka, registering as… Original [...]
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Economy, Politics Stoke Russia-Ukraine Gas Quarrel

MOSCOW, Jan. 7 — Since the fall of the Soviet Union, Russia and Ukraine have wrangled over fuel prices, with both sides holding a powerful bargaining chip. Russia has had the natural gas Ukraine needs to power its industries. Ukraine has owned the pipelines Russia depends on to transport the gas… Original post by Philip P. [...]
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European Nations Report Halt or Drop in Russian Natural Gas Coming Via Ukraine

MOSCOW, Jan. 6 — The flow of natural gas from Russia to Europe plummeted Tuesday, with more than a dozen countries reporting a complete halt or sharp drops in fuel shipments as Russia deepened its gas embargo against neighboring Ukraine in the middle of a winter cold spell. Original post by Philip P. Pan
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Venezuela Ends U.S. Heating Aid

With sagging oil prices putting pressure on its own budget, the government of Venezuela has ended its three-year-old, $100 million program providing home heating-oil assistance for poor Americans in 23 states. Original post by Steven Mufson
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In Ukraine, Rivals Unite Over Russian Gas

MOSCOW, Jan. 1 — Ukraine’s feuding leaders united behind a common negotiating position and held firm in their fuel standoff with Moscow on Thursday as Russia followed through on a threat to halt all shipments of natural gas to the country. Original post by Philip P. Pan
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