Economy & Business

US Is Making A Lot Less Off Drilling On Public Lands Than It Should Be

"WASHINGTON –- The federal government isn't doing enough to ensure it collects a 'fair return' for the oil and gas that companies produce from public lands, in part due to policies on revenues for onshore drilling that are nearly a century old, according to a critical report on the Department of the Interior released Tuesday."

Source: Huffington Post, 12/18/2013

OR, WA Coal Export Terminals Threatened By Falling Asian Prices

"Three years ago, coal was hot. Stoked by insatiable coal-fired Chinese power plants, international demand boomed. Prices soared. Phones rang frequently at Oregon and Washington ports. On the other end? Eager investors hoping to snatch up land to build export terminals to quench Asian demand. How things have changed."

Source: Portland Oregonian, 12/16/2013

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