BOSTON (Reuters) – The United States must lift an “outdated” ban on oil exports to take full economic and geopolitical advantage of its hydraulic fracturing boom, according to a study by Harvard Business School and Boston Consulting Group released on Wednesday.
Lifting the 40 year-old ban imposed after the Arab oil embargo and easing restrictions on liquefied natural gas export terminals would add $23 billion to the economy by 2030, create tens of thousands of jobs, and provide the United States with additional clout overseas, the paper said.
BOSTON (Reuters) – Scientists were baffled last year after meltwater lakes atop Greenland’s ice sheet suddenly drained out at rates rivaling Niagara Falls.
Now a team of U.S. researchers says it has figured out the bizarre phenomenon and that could help them forecast global sea-level rise.
BOSTON, May 21 (Reuters) – Canada’s Irving Oil rejected
former top executive Mike Ashar’s allegation that he was
underpaid millions of dollars, painting him instead as an
“unsuccessful” hire who oversaw a decline in the family-owned
company’s worth during his five-year tenure, according to court
documents filed this week.
The legal battle has offered a rare glimpse inside the
closely-held company, which runs Canada’s largest oil refinery
in the Atlantic province of New Brunswick, and is planning to
build a storage terminal for the country’s most ambitious oil
pipeline project, TransCanada’s Energy East.
LOS ANGELES/BOSTON (Reuters) – When Debbie Dooley, a Tea Party firebrand from Woodstock Georgia, makes the case for solar power, she doesn’t rely on the usual environmental talking points. She speaks of property rights, national security and free market competition.
Former Republican Congressman Barry Goldwater, Jr. casts his support for solar energy as a conservative stance against monopoly power utilities that “want to limit energy choice.”
LOS ANGELES/BOSTON, May 15 (Reuters) – When Debbie Dooley, a
Tea Party firebrand from Woodstock Georgia, makes the case for
solar power, she doesn’t rely on the usual environmental talking
points. She speaks of property rights, national security and
free market competition.
Former Republican Congressman Barry Goldwater, Jr. casts his
support for solar energy as a conservative stance against
monopoly power utilities that “want to limit energy choice.”
CAMBRIDGE, Massachusetts, May 14 (Reuters) – Harvard, the
world’s richest university, said on Thursday it paid its six
in-house money managers a combined $49.3 million in 2013, up
more than 70 percent from the previous year, citing the team’s
“outperformance” in growing its endowment fund.
The team oversaw an investment return of 15.4 percent for
the Ivy League school’s endowment during the fiscal year ended
June 30, 2014, bringing it to $36.4 billion, or roughly the size
of an average country’s annual gross domestic product.
BOSTON (Reuters) – A longtime friend of Boston Marathon bomber Dzhokhar Tsarnaev’s family on Wednesday told jurors deciding his sentence that he was a studious youth and adored his older brother, who cultivated a deep interest in Islam, politics and conspiracy theories before the 2013 attack.
Attorneys for Tsarnaev are seeking to spare his life by painting him as a normal teen who went astray when he followed his older, domineering brother Tamerlan in carrying out the attack on the world-renowned race.
BOSTON (Reuters) – In a gritty Boston neighborhood not long ago, where people were poor and crime was a problem, there was one three-story shingled residence widely known as “the police house,” or the “House of Po'” for short.
It was also where Marilyn Mosby, Baltimore’s 35-year-old African-American chief prosecutor, grew up as the daughter, granddaughter and niece of police officers.
BOSTON (Reuters) – The older brother of convicted Boston Marathon bomber Dzhokhar Tsarnaev was transformed from a heavy drinker and drugs user into someone obsessed with Islam after returning from a trip to Russia in 2012, witnesses said on Tuesday.
The testimony comes as lawyers for Tsarnaev build their argument for a federal jury that he was a pawn in his now-dead brother’s scheme to bomb the world-renowned race on April 15, 2013, and should be sentenced to life in prison, not death.
By Richard Valdmanis and Dave Sherwood
(Reuters) – A company pivotal to Canada’s most ambitious oil pipeline project has a mixed environmental record of spills and regulatory warnings, according to government documents reviewed by Reuters, a finding likely to bolster activist opposition to the proposal.
Family-owned Irving Oil, poised to build and operate the sole Atlantic export terminal for TransCanada’s Energy East oil sands pipeline from Alberta, has logged at least 19 accidents classified by regulators as “environmental emergencies” at its existing facilities in eastern Canada since 2012, including three that drew warnings for delayed reporting.