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A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.Dutch trading house Argos Energies, a mid-sized trading company that deals in physical oil products and owns storage facilities, was visited by inspectors from the European Commission on Tuesday, a source familiar with the investigation said on Friday.The visit occurred on the same day that authorities raided the London bureau of pricing agency Platts, and the offices of Statoil, Royal Dutch Shell and BP in the biggest cross-border action since the probe into rigging of Libor benchmark interest rates.In Washington, the chairman of the Senate's energy committee asked the Justice Department to investigate whether alleged price manipulation has boosted fuel prices for U.S. consumers."Efforts to manipulate the European oil indices, if proven, may have already impac...
Two influential U.S. senators have asked the Interior Department to examine whether coal companies are dodging hundreds of millions of dollars in royalty payments on...
Two top U.S. senators are calling for the Interior Department to investigate whether coal companies are undervaluing coal they export in order to lower their royalty...
Two top U.S. senators are calling for the Interior Department to investigate whether coal companies stand to short taxpayers hundreds of millions of dollars on expor...
Wall Street critic and Senator-elect Elizabeth Warren will join the Senate Banking Committee next year where she is likely to be a loud voice in favor of tight finan...
The United States needs to reconsider its rules on exporting natural gas - even to countries with which it has free trade agreements - now that a surge in drilling h...
FBN’s Lou Dobbs on the praise Rep. Paul Ryan has received from Democrats in the past.
Leo Hindery of Intermediate Partners on Rep. Ryan's plan for Medicare.
The Agenda Project Action Fund, a progressive public policy group, is still touting its misleading "Throw Granny from the Cliff" ads, purporting to show that GOP vic...
“Black List” author Brad Thor on how the government’s increased surveillance in America is affecting Americans’ privacy and freedom.
Rate Coalition co-chairman Jim Pinkerton argues President Obama should have discussed tax reform and job creation to instill certainty into the markets.
Sometimes it seems like Rep. Paul Ryan (R-Wis.) is the only person in Washington, D.C., who sees the elephant in the room.That’s not true, of course. Everyone in Was...
The Senate could vote as early as Thursday on a plan to fast-track the Keystone XL crude oil pipeline, a bid that is unlikely to attract enough Democratic support to...
The chairman of the Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price manipulation by three oil companies in Euro...
Sen. Ron Wyden (D. Ore.), one of the leading voices on energy policy in the U.S. Senate, is laying the groundwork for a broad-based energy bill that could impose new...
A bill was recently introduced to raise the de minimis level from $200 to $800. Shipping and international retail experts say the legislation could benefit the government, small business owners and consumers.
Two Congressional committees are looking into whether a price spike in an obscure corner of the biofuels market is behind the recent run-up in the cost of gasoline.T...
“America the Beautiful” author Dr. Ben Carson on sequestration and the health-care law.
Energy-rich states would be in a position to receive millions of dollars of oil royalties and other energy revenue currently collected by the federal government unde...
The U.S. Department of the Interior said on Friday that it will tighten oversight of how companies pay federal royalties on certain coal exports after senior lawmake...
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