The recent decision allows exploration from Florida to Delaware and could create thousands of new jobs supporting expanded energy infrastructure along the East Coast. Offshore energy exploration and production in the Atlantic could bring new jobs and higher revenues to states and local communities, while adding to our countrys capabilities as an energy superpower, American Petroleum Institute upstream director Erik Milito said in a statement. Environmentalists worry about damage to shorelines, and to the tourist industry. They also worry about the safety of ocean wildlife. The exploration will initially be conducted via seismic surveys that use sonic cannons to locate oil and gas deposits beneath the ocean floor.
Obama wants limits on US company mergers abroad – Quincy Herald-Whig | Illinois & Missouri News, Sports
Obama’s budget proposes slashing that cutoff to 50 percent. Administration officials estimate the deals, if allowed to continue, will cost the U.S. Treasury $17 billion in lost revenue over the next decade. “We should not be providing support for corporations that seek to shift their profits overseas to avoid paying their fair share of taxes,” Lew said in the letter. Copyright 2014 The Associated Press. All rights reserved.
Obama’s low approval rate holds steady – Hawaii News Now – KGMB and KHNL
Send Thanks! A link has been sent. Done Obama congratulates Indonesia’s Widodo on election 43 minutes ago . View photo Indonesian president-elect Joko Widodo (C) prepares to address supporters at a rally in Jakarta on July 23, 2014 (AFP Photo/Romeo Gacad) Washington (AFP) – US President Barack Obama has called Joko Widodo to congratulate him on his victory in Indonesia’s “free and fair” presidential elections, the White House said Wednesday. During the conversation on Tuesday night, “President Obama told President-elect Widodo that he looks forward to meeting him at the earliest opportunity and to working with him to deepen the US-Indonesia partnership, expand ties between our two peoples, and promote our shared objectives in Asia and around the world,” the White House said. After a lengthy vote count, Widodo — the reform-minded governor of Jakarta — was on Tuesday declared the winner of the July 9 election by more than six percentage points.
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Obama congratulates Indonesia’s Widodo on election – Yahoo News
All rights reserved. SLIDESHOW: Preachers, gamblers & war heroes – Fun presidential facts Which president had the first telephone? Which commander in chief gambled away the White House china? Or who loved jelly beans? Discover some fun facts about some of the men who’ve been president. More >> Do you know which president was the first to have a telephone?
Obama wants limits on US company mergers abroad – Yahoo News
Discover some fun facts about some of the men who’ve held the highest office in the United States. More >> SLIDESHOW: Top 10 cities where Republicans are irresistible The 2012 election may be over, but not all may be lost for Republicans looking for love. Thanks to chemistry.com, you can find your political equal in these cities. More >> Republicans lost the 2012 presidential election, but not all may be lost for members of the GOP looking for love. Chemistry.com lists the cities they are most likely to find their political equal. More >> SLIDESHOW: Faces of the final debate The final debate before the 2012 presidential election provided an endless amount of viral internet memes as well as the inspiration for some creative fictional Twitter hash tags.
Obama assessing need for National Guard presence at border
corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies. The push comes amid a developing trend by companies to reorganize with foreign entities partly to reduce their tax payments in the U.S. But Obama’s election-year drive also coincides with increased attention to the issue by congressional Democrats, who are seeking to draw contrasts with Republicans and to portray them as too corporate-friendly. Obama was scheduled to address the issue in remarks Thursday at a technical college in Los Angeles. Though he included a proposal to rein in such mergers and acquisitions in his 2015 budget, this marks a new, more aggressive focus on the issue by the president.