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  • Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form to reverse the trade restriction passed by Congress in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. As the U.S. oil boom of the last six years builds an excess of crude, calls have risen for Congress and the Obama administration to relax the ban.

  • US rig count up 9 to 1,927 Friday, 24 Oct 2014 | 3:18 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by nine this week to 1,927.. Of the major oil- and gas-producing states, Texas gained eight rigs, New Mexico increased five, West Virginia was up three, while Arkansas, California and Ohio gained two apiece. Kansas declined by four,...

  • US Chamber on sidelines in close Georgia race Friday, 24 Oct 2014 | 1:11 PM ET

    WASHINGTON— The most powerful business group in the country is spending tens of millions of dollars to help Republicans win control of the Senate with one glaring omission— the tight Georgia Senate race. Rob Engstrom, political director for the U.S. Chamber of Commerce, said Friday that the organization will stay on the sidelines in the contest between...

  • COLUMN-History of controls on U.S. oil exports: Kemp Thursday, 23 Oct 2014 | 7:21 AM ET

    LONDON, Oct 23- On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war. Following the U.S. mid-term elections next month, Congress will take up the issue again, a debate that would benefit from an understanding of the history...

  • SAN FRANCISCO, Oct 22- Shipments of Bakken crude oil from North Dakota to California by barge have quietly overtaken those by train for the first time, showing how the state's isolated refiners are using any means necessary to tap into the nation's shale oil boom. While tough permitting rules and growing resistance by environmentalists have slowed efforts to...

  • Feds to bring indoor plumbing to Alaska village Thursday, 23 Oct 2014 | 5:07 AM ET

    ANCHORAGE, Alaska— A remote Alaska Native village where only half the homes have indoor plumbing is among rural communities nationwide that will receive upgrades to rural water and wastewater systems with $352 million in grants and loans from the U.S. Department of Agriculture. Among other awards for water system improvements include a $6 million loan and...

  • Noteworthy ballot measures in upcoming election Thursday, 23 Oct 2014 | 5:06 AM ET

    In Colorado, a "personhood" amendment would add fetuses to those protected by the state's criminal and wrongful death act. In Oregon, Alaska and the District of Columbia, voters will have a chance to legalize the recreational use of marijuana by adults, a step approved two years by voters in Colorado and Washington state. Washington state has two competing...

  • Highlights of ballot initiatives voters to weigh Thursday, 23 Oct 2014 | 5:05 AM ET

    Large companies and national advocacy groups are putting millions of dollars in ads behind ballot measures this year, from questions about oil companies' profits in Alaska to recreational marijuana in Florida, according to an analysis of advertising data released Thursday from the Center for Public Integrity. Colorado casinos are helping fund $5.7...

  • A Republican Senate means changing the chairmen Wednesday, 22 Oct 2014 | 1:58 PM ET

    WASHINGTON— If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. The size of a Republican majority would determine committee ratios and budgets; more seats in the Senate translate into a greater advantage on the panels. "If we lose the Senate, for one thing, the way this Senate's been operating, they could end up blocking all my...

  • Unemployment rates fall in 31 US states last month Tuesday, 21 Oct 2014 | 10:43 AM ET

    WASHINGTON— Unemployment rates fell in 31 U.S. states in September, including in many where incumbent governors and senators face tough re-election campaigns. The Labor Department said Tuesday that unemployment rates rose in 8 states and were unchanged in 11 states. Colorado and Kentucky, two states with hard-fought Senate campaigns, experienced the...

  • The Government Accountability Office also recommended that the U.S. Department of Energy review the size of the Strategic Petroleum Reserve to ensure it remains appropriate as net oil imports fall. GAO's enormous influence and professional prestige is most likely the reason it was asked to do the study by Senator Lisa Murkowski, the top-ranked Republican...

  • Democrats love seeing minimum wage on the ballot Tuesday, 21 Oct 2014 | 1:03 AM ET

    CHICAGO— As Democrats across the country make an election-year push to raise the minimum wage, they often point to fast food workers, baristas and others who are struggling to raise families, pay rent or get through school— some on as little as $7.25 per hour. In one state, Illinois, the campaign to support the minimum wage would not actually raise the wage.

  • WASHINGTON, Oct 16- Oil and gas interests are pouring money into a tight U.S. Senate race in Louisiana, giving twice as much to the Senate campaign of incumbent Democrat Mary Landrieu than her Republican challenger even though the industry backs the Republican push to regain control of the Senate. Landrieu, chairwoman of the Senate Energy Committee, is...

  • US rig count down 12 to 1,918 Friday, 17 Oct 2014 | 2:27 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 12 this week to 1,918.. Oklahoma decreased by seven rigs, New Mexico was down four, Alaska was off two and Arkansas, California and North Dakota each dropped one. Colorado, Kansas, Louisiana, Ohio, Pennsylvania and Utah were unchanged.

  • Immigration-control group starts ads in 10 states Wednesday, 15 Oct 2014 | 11:08 AM ET

    WASHINGTON— An immigration-control group on Wednesday began running more than $1 million in ads that criticize lawmakers for not doing more to stop the flow of new workers into the United States. NumbersUSA will run the 30- second ad in 10 states where there are competitive Senate races. The group claims it has 2 million activists who want to reduce the numbers...

  • COLUMN-Oil market proves mightier than OPEC: Kemp Wednesday, 15 Oct 2014 | 8:21 AM ET

    "If the shale revolution can be sustained in the United States, and successfully exported to other countries, some combination of OPEC production cuts or lower oil prices to encourage demand and forestall more investment, will be inevitable by 2015-16," I wrote last year. "The massive rise in prices means Saudi Arabia will face intense competition from shale," I...

  • John Green's first book to be reissued in 2015 Wednesday, 15 Oct 2014 | 7:40 AM ET

    NEW YORK— John Green's "Looking for Alaska," published nearly a decade ago, will be reissued in a special anniversary edition. "Looking for Alaska" was Green's first book. Sarah Polley, the actress and director, is planning a film adaptation of "Looking for Alaska."

  • As the U.S. oil boom of the last six years builds an excess of light crude along the Gulf Coast refining hub, calls have risen for Congress and the Obama administration to relax the ban on shipments to global customers. The report was issued by the manufacturing branch of the Aspen Institute, which is supported by energy companies including Exxon Mobil Corp,...

  • WASHINGTON, Oct 14- Ending a 40- year old ban on U.S. crude oil exports would not raise domestic gasoline prices because it would put more petroleum onto global markets, where fuel prices are primarily set, a study by The Aspen Institute said on Tuesday. As the U.S. oil boom of the last six years builds an excess of light crude along the Gulf Coast refining hub, calls have...

  • Seed money: 'Ganjapreneurs' compete for investors Friday, 10 Oct 2014 | 1:19 PM ET

    "The Marijuana Show" allows for pot-entrepreneurs to compete for rare investment opportunities for their start-up ideas.