News Oil 

The Energy 202: Trump’s new rules make it easier for energy companies to escape penalties for killing birds

“For decades, the law gave federal officials broad power to prosecute those who kill migratory birds, even by accident” writes Energy Environmental Reporter for washingtonpost.com. In the past, “the department has pursued MBTA claims against companies responsible for oil spills that incidentally killed or injured migratory birds.Left unmentioned in those examples were energy producers operating wind turbines or oil tankers that end up killing birds.According to an analysis by the Audubon Society, oil companies were responsible for 90 percent of incidental takes prosecuted under the act, resulting in fines of…

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News Stocks 

Russian Stocks Take Worst Hit Since Crimea on Sanctions, Syria

“Foreign investors have to exit sanctioned companies, but they saw this order as a signal to exit all Russian stocks” writes Ksenia Galouchko for bloomberg.com. The Russian government was racing to come up with measures to assist tycoons hit by the latest penalties, according to a senior official involved in the process.Russian stocks had their biggest drop in four years and the ruble slumped the most in the world after the U.S. slapped new sanctions on Kremlin-connected billionaires and tensions with the U.S. spiraled following the latest chemical attack in…

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News 

US agency proposes scrapping higher automaker penalties for ‘gas guzzlers’

“NHTSA in July suspended a 2016 Obama administration regulation that more than doubled penalties” writes unknown author for cnbc.com. NHTSA said in July many automakers were falling behind current fuel standards and face “the possibility of paying larger CAFE penalties over the next several years.”. The U.S. National Highway Traffic Safety Administration (NHTSA) said late on Tuesday it was proposing to cancel a planned hike in higher “gas-guzzler” penalties for automakers whose vehicles fail to meet minimum fuel-economy standards.NHTSA said previously the increases would potentially result in an additional $30…

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News 

NHTSA proposes scrapping higher ‘gas guzzler’ penalties

“NHTSA in July suspended a 2016 Obama administration regulation that more than doubled penalties, by an amount NHTSA estimated at $30 million annually” reports autoblog.com. NHTSA said in July many automakers were falling behind current fuel standards and face “the possibility of paying larger CAFE penalties over the next several years.”. The U.S. National Highway Traffic Safety Administration (NHTSA) said late on Tuesday it was proposing to cancel a planned hike in higher “gas-guzzler” penalties for automakers whose vehicles fail to meet minimum fuel-economy standards.Some automakers including some luxury makers…

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News 

Why your tax return absolutely must be on time

“If you owe money to the IRS, you need to file your tax returns and pay what you owe by April 17, 2018 for the 2017 tax year” writes Aol Staff for aol.com. If you owe money to the IRS that you can’t pay, you’re probably pretty nervous with the tax deadline approaching.If you get a filing extension but don’t pay your tax bill by April 18, you’ll still face late-payment penalties in most cases.You have until 2021 to file your return and still claim a refund on your 2017…

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News 

Facing tax debt? Here are some ways to soften the blow

“Here are three tips to help you handle your tax debt to lessen penalties and properly resolve your obligation” writes Sean Pyles for marketwatch.com. Tax season — and tax refunds — can be a financial lifeline for many Americans.Ignoring your taxes will make the situation worse, says Michael Kay, a certified financial planner from New Jersey. “You’ll need to pay the piper.But you should still pay as much as of your estimated tax as possible by the April deadline to avoid interest and penalties.If you can’t pay your taxes in…

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Republican senators plan to announce legislation next week to increase the penalties on distributors that ship illicit fentanyl, an opioid that is 50 times more potent than heroin.

“Republican senators plan to announce legislation next week to increase the penalties on distributors that ship illicit fentanyl, an opioid that is 50 times more potent than heroin” writes Jacquelyn Martin Ap for washingtonexaminer.com. The legislation comes after a congressional probe that found it was easy to buy illegally made fentanyl online, with most illegal shipments coming from China.Lindsey Graham of South Carolina and Tom Cotton of Arkansas intend to release the legislation next week. Source: washingtonexaminer.com Share This:

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Russian election could get an unexpected boost from the UK’s response to nerve agent attack

“The penalties come after Sergei Skripal, a former Russian spy-turned-double agent for the U.K., and his daughter Yulia were subject to a nerve agent attack in Salisbury, England, on March 4” writes Sputnik Alexei Druzhinin for cnbc.com. More voters could turn out for Russia’s presidential election on Sunday after the U.K. blamed Moscow for a nerve agent attack in England and announced a series of penalties against Russia, an analyst said Wednesday.McDowell didn’t believe the spy attack in the U.K. would factor in the lead-up to the vote on Sunday,…

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Eddie Jones hits out at England indiscipline: ‘We were beaten at the breakdown and gave away too many penalties’

“England were again dominated at the breakdown while they gave up a staggering 16 penalties” writes Richard Bath for telegraph.co.uk. England head coach Eddie Jones fears his side are being left behind at the breakdown after a chastening 22-16 defeat to France allowed Ireland to snatch their NatWest Six Nations title. Source: telegraph.co.uk Share This:

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Commerce Dept. Suggests Stiff Tariffs on Metal Imports

“In 2016, Canada accounted for the largest proportion of United States steel imports, about 17 percent, followed by Brazil, South Korea, Mexico, Turkey and Japan” writes Ana Swanson for nytimes.com. A third option involved putting into effect quotas to limit aluminum imports to lower levels than were shipped to the United States last year.Because the United States has already imposed a raft of restrictions on Chinese steel in previous years, only 2 percent of American steel imports came directly from China in 2015.Ross also proposed an alternative for the steel…

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