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McClatchy Tribune

(AP Photo/Skagit Valley Herald, Scott Terrell)

Crude displacing other commodities on trains, critics charge

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The industry’s critics charge that their shipments are taking a back seat to crude oil.
Categories: Crude oil, Rail
Pipefitter Scott Zarembski, originally from Detroit, has prospered by working in the oil industry in the Canadian city of Edmonton. Canadian employers and officials have been recruiting U.S. workers to fill a skilled labor shortage. Jason Franson / Los Angeles Times/MCT

Canada tries to lure U.S. energy workers

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Canadian employers are swarming to draw out-of-work Americans north.
Categories: General
Kenny LeBaron, left, and his brother Joshua moved to North Dakota from Minnesota to take advantage of higher salaries due to an oil boom there. Here they service a gas and oil well near Watford City, North Dakota. (Glen Stubbe/Minneapolis Star Tribune/MCT)

North Dakota’s great oil rush

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School bus driver Barb Russell heard there was good money to be made here in the oil fields of North Dakota, so last month she packed a bag, locked her Farmington, Minn., home, and headed west. She tripled her income.
A protester in Omaha, Neb., opposes the Keystone XL pipeline. (AP file photo/Nati Harnik)

Feds may have promised smooth sailing for Canadian oil pipeline

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Environmentalists and industry experts say a leaked cable is among several examples from unguarded moments and public documents that signal the administration’s willingness to push ahead with the controversial pipeline, even as its agencies conduct environmental and economic reviews.
(AP file photo/Mike Derer)

FTC probe of gasoline prices has eye on refiners

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The Federal Trade Commission confirmed Monday that it’s opened a broad investigation into the companies that turn crude oil into gasoline, looking into whether they have engaged in anti-competitive practices or manipulation to drive up prices at the pump.
Categories: Refining, Social
(AP photo illustration/Bebeto Matthews)

Saudi oil hub remains vulnerable, Wikileaks cables suggest

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When al-Qaida tried in 2006 to blow up Saudi Arabia’s Abqaiq oil processing facility, arguably the world’s most important petroleum hub, it was taken as a sign of strength that internal security had foiled the attack. U.S. State Department cables tell a different story.
(AP file photo/Mark Lennihan)

CFTC chief: Speculators swamp oil markets

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Nearly nine in 10 traders betting that oil prices would rise this spring were financial speculators, not end-users of oil, Commodity Futures Trading Commission Chairman Gary Gensler said. He vowed that his agency will soon act “to guard against the burdens of excessive speculation.”
(AP photo illustration/Bebeto Matthews)

WikiLeaks cables show oil a big focus of U.S. diplomats

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With oil trading near $100 a barrel and gasoline near $4 a gallon at the pump, Americans can take solace in knowing that securing sources of oil has been a chief focus of U.S. embassies across the globe for years. Of 251,287 State department documents WikiLeaks passed to news organization, 23,927 of them — nearly one in 10 — reference oil.