Economy & Business

Where's That Meat From? One Problem with Trade Treaties

Do consumers have a right to know where their food comes from? What if there is a federal law decreeing that they have that right? Not anymore. None of that matters. International trade treaties — nowadays often negotiated in secret — trump United States law aimed at protecting consumers.

"Shale's Running Out of Survival Tricks as OPEC Ramps Up Pressure"

"In 2015, the fracking outfits that dot America’s oil-rich plains threw everything they had at $50-a-barrel crude. To cope with the 50 percent price plunge, they laid off thousands of roughnecks, focused their rigs on the biggest gushers only and used cutting-edge technology to squeeze all the oil they could out of every well."

Source: Bloomberg, 12/29/2015

"Spending Deal To Lift Oil Export Ban"

"Lawmakers have agreed to lift the four-decade-old ban on crude oil exports as part of a spending and tax package announced by congressional leadership on Tuesday night, according to a GOP lawmaker. In exchange, Republicans agreed to extend a series of expired or expiring renewable energy tax breaks."

Source: The Hill, 12/16/2015


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