FCC closes loophole in cable program access rules

The Federal Communications Commission voted 4-to-1 today to eliminate the so-called “terrestrial loophole” in a 1992 federal cable law.


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Saudi Arabia Needs $80 Oil to Balance Its Budget

That really puts a floor under prices, don’t you think? From Der Spiegel (hat-tip The Stock Sage) … Read the rest of the Der Spiegel story, “Iran and the West Rediscover Oil as a Weapon”...
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Marathon stops drilling North Sea field after collision

Marathon Oil Corp. said drilling operations at the Volund oil field in the Norwegian North Sea was shut after the semi-submersible rig Songa Dee collided with a supply ship.


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As if the shale gas boom were not enough, Alaska has a surplus that it would like to shift to consumers. All that is needed is a few tens of billions of dollars for a...
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All the Majors Go Crackers

I don't look at petrochemicals very much, but this week's combination was too interesting to miss. Shell has completed its largest petrochemicals project. Shell today announced the successful completion of the Shell Eastern Petrochemicals Complex (SEPC) project...
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Saudi Arabia to Invest $90 Billion

Wondering where all the oil we need will come from? Saudi Arabia reckons it knows. Al-Falih said Saudi Arabia is committed to maintaining 1.5 milion barrels of oil a day of spare production capacity. The kingdom,...
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Need a job? Go to China

The job market is tough in the U.S. It isn’t right for everyone but China is hiring….foreigners including Americans. According to Feng Lijuan, chief consultant at 51job.com, a human resources service provider in China, the...
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