Economy & Business

"One year after President Barack Obama rolled out his climate change action plan, the administration is putting fresh emphasis on its environmental agenda."

"White House changes to proposed rules for tobacco products significantly weakened language detailing health risks from cigars and deleted restrictions that might have prevented online sales of e-cigarettes, published documents show."

"Former Treasury Secretary Henry Paulson, ex-New York Mayor Michael Bloomberg and Tom Steyer, a hedge-fund billionaire and major Democratic donor, are linking arms Tuesday to release a report, Risky Business, that argues U.S. companies should treat climate change as any other business threat."

"In 1957, author John Graves decided to take a canoe trip down the upper Brazos River before a series of dams would turn his favorite stretch of river into a string of lakes. Graves feared that his beloved river would be squeezed dry if five proposed flood-control dams were built in the upper Brazos."

"It might be that the U.S. environmentalists’ long campaign against the proposed Keystone XL pipeline is about to backfire. Canadian pipeline operators are poised to implement an all-Canadian Plan B network of pipelines in place of the ill-fated Keystone XL that was to run the length of the U.S. heartland to the Texas Gulf Coast."

"The road to the White House could be paved with oil and gas for a trio of Republican presidential hopefuls."

"As the Obama administration and industry groups go to war over the costs of a high-stakes climate rule, the White House has released a new study showing that the benefits of major federal regulations vastly exceed the costs."

"NEW YORK — The world oil market has set up quite nicely for OPEC. Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This has helped world oil prices stay high enough to provide OPEC countries with robust income, but not so high that they scare customers away from buying more of their precious product."