With job creation taking center stage in American politics, the oil industry Wednesday made a pitch for drilling more widely. With looser restrictions, the industry says it could deliver 1.4 million new jobs, boost tax rolls by $800 billion, and increase domestic energy production almost 50%.
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2011
7
Sep
2011
7
Feb
As the political unrest in Egypt continues, corporate America is watching and holding its breath. Already, many companies with operations in Egypt have had to adjust. Procter & Gamble, for example, had to close its Cairo facilities and evacuate foreign national employees. The protest is affecting the worldwide commodities markets too — oil prices spiked to $100 this week and have stayed high on the assumption that the conflict in Egypt could disrupt crucial oil transit routs.
2011
5
Jan
After last year’s explosion in the Gulf of Mexico, oil rig workers are again thought to have the worst job in America.
