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Some Republican congressional leaders and lawmakers from oil states have been reluctant to say much on the topic of easing the federal ban on oil exports.
Selling more U.S. natural gas to foreign buyers would mean economic gains that flow well beyond the oilfield, a Corpus Christi port commissioner told lawmakers Wednesday.
Deep divisions over selling American crude overseas — and big fears about what it might do to gasoline prices — were on display Thursday as the Senate held its first hearing on oil exports in a quarter century.
In his $3.8 trillion spending plan unveiled Wednesday, President Barack Obama revived his longstanding attack on oil industry tax breaks and formally launched a plan to pay for alternative vehicle research, drawing outrage from industry leaders who said Obama was seeking to use the sector as a piggy bank.
Lisa Jackson’s decision to step down as administrator of the Environmental Protection Agency sets off a Washington guessing game over who President Barack Obama will pick to replace her. Here’s a look at potential replacements.
Even as he called for a five-year freeze in overall federal spending, in his State of the Union address President Obama charted a plan for investing billions in clean energy programs that he said would boost U.S. competitiveness, wean the U.S. off foreign oil and aid the nation’s economic recovery. (Photo: AP/Pablo Martinez Monsivais)