Wyoming
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Federal Reserve Chairman Ben Bernanke will miss the annual Jackson Hole monetary policy symposium this year due to a scheduling conflict, skipping the prestigious event for the first time since taking the helm of the central bank in 2006.
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WASHINGTON, Jan 15- The natural gas boom has brought fortune to Wyoming over the last year and lifted its revenues beyond expectations, but in his state of the state address last week, Governor Matt Mead pressed legislators to cut spending by 6 percent.
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Drillers deny that and have said Environmental Protection Agency testing methods may have tainted water samples in Pavillion, Wyoming, the region the EPA examined in the report.
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WASHINGTON, Jan 4- Two influential U.S. senators have asked the Interior Department to examine whether coal companies are dodging hundreds of millions of dollars in royalty payments on lucrative sales to Asia, citing a Reuters investigation into the matter.
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Democratic Senator Ron Wyden, the incoming chairman of the Energy and Natural Resources Committee, and the panel's leading Republican, Senator Lisa Murkowski, said they were concerned that coal companies may be shorting royalty payments.
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Democratic Senator Ron Wyden, the incoming chairman of the Energy and Natural Resources Committee, and the panel's leading Republican, Senator Lisa Murkowski, said they were concerned that coal companies may be shorting royalty payments.
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It has become a flashpoint issue, putting the EPA-- charged with safeguarding the nation's water-- in the middle of a fight between environmentalists and the energy industry.
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It has become a flashpoint issue, putting the EPA-- charged with safeguarding the nation's water-- in the middle of a fight between environmentalists and the energy industry.
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Aubrey McClendon, 53, endured a trying year running the second-largest natural gas producer in the United States, Chesapeake Energy Corp. But as corporate, state and federal probes into McClendon and the company continue, 2013 isn't looking much easier.
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*Actor Matt Damon brings fracking to Hollywood. Now it's coming to Hollywood, as the fierce battle between environmentalists and oil firms is played out in several forthcoming films. Both sides are using movies to try to win the debate, though actor Matt Damon says viewers should not assume the movie he stars in, " Promised Land," is "a rabid anti-fracking polemic."
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Top U.S. lawmakers voiced rising fear on Sunday that the country would go over "the fiscal cliff" in nine days, and some Republicans charged that was President Barack Obama's goal.
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*Focus shifting to Congress acting after Jan. 1. Congress is in recess, and will have only a few days next week to act before Jan. 1.
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An early indication of the possible cost to the banking industry came hours after UBS was fined when the U.S. federal watchdog estimated mortgage lenders Fannie Mae and Freddie Mac, which had to be bailed out during the 2007/ 08 financial crisis, could have lost more than $3 billion as a result of Libor manipulation.
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Dec 21- TJX Cos Inc said it bought Sierra Trading Post, an off-price Internet retailer, for about $200 million, the latest brick-and-mortar store to try to attract customers who shop online via smartphones and tablets.
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*Settlement to release $4 billion in disputed payments to states. Cigarette makers, including Philip Morris USA and R.J. Reynolds Tobacco Co, on Tuesday announced a settlement with the states in a long-running dispute over the amount of payments they are required to make under the 1998 landmark anti-smoking agreement.
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WASHINGTON, Dec 20- Western states that rely on receipts from coal sales to help fund their governments are concerned the mining industry is dodging royalty payments on lucrative U.S. exports to Asia. Montana and Wyoming get half of federal royalties on coal from their states.
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U.S. cigarette makers including Philip Morris U.S.A. and R.J. Reynolds Tobacco said on Tuesday they reached a settlement with 17 states in a dispute over the amount of payments they are required to make under the 1998 anti-smoking agreement.
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WASHINGTON, Dec 5- Republican lawmakers took a firm stand on Wednesday against an Obama administration proposal that would make it easier for the president to increase the nation's debt limit, worried it would undercut their leverage to cut government spending.
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*Taxpayers stand to miss out on growing coal exports to Asia. WASHINGTON, Dec 4- U.S. miners who are booking big profits on coal sales to Asia are enjoying an accounting windfall to boot. At issue is the black rock pulled from the coal-rich Powder River Basin in Wyoming and Montana.
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WASHINGTON, Dec 4- U.S. miners who are booking big profits on coal sales to Asia are enjoying an accounting windfall to boot. "We are committed to collecting every dollar due," said Patrick Etchart, spokesman for the Office of Natural Resources Revenue, which collects federal royalties.
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*Railway says will not extend line into Wyoming, Montana. TORONTO, Dec 3- Canadian Pacific Railway will take a C $180 million charge to abandon plans to expand into the Powder River coal-mining region in the U.S. states of Wyoming and Montana, citing weakness in the thermal coal market.