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In Canada, Aboriginal Group Rejects $1.5 Billion Paycheck From Natural Gas Producers
A small Canadian Aboriginal community recently rejected a $1.5 billion payment that would have allowed the construction of a natural gas pipeline through the group’s lands, marking yet another setback for the Canadian energy industry’s efforts to increase fossil fuel exports. According to the New York Times, a group led by Malaysian energy company Petronas made…
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Oil Rigs Across North America Plagued by Layoffs and Accidents
The number of active oil rigs in the United States has dropped dramatically in the past week from 1,223 to 1,143, according to the latest Baker Hughes North American Rotary Rig Count. The number of natural gas rigs has fallen as well. Texas and North Dakota lost the most rigs last week. Texas is down…