Author: Mark Williams
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French firm buys into American shale
COLUMBUS, Ohio • Total has acquired a 50 percent stake in a U.S. energy company operating in the West, giving the French oil giant access to a federal drilling lease in western Colorado. Shale deposits in Colorado, Wyoming and Utah are thought to hold more than 1 trillion barrels of oil. About 800 billion barrels…
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Regional differences point to foreclosure
Signs for real estate agents lined a Birmingham, Mich., street in February. The Midwest is suffering from a loss of industry, stagnant population growth and a sinking demand for housing, all of which result in a high number of house foreclosures. Photo by (ASSOCIATED PRESS)