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...trail in Virginia, allegedly by the same man who had slain two campers near the same spot in 1981. The shooting victims both survived; the alleged gunman, Randall Lee Smith, died days later, apparently from injuries he suffered in a truck accident while fleeing from police. (Read "Top Six Sanford Tweets...

Author: /time Magazine | Title: The Appalachian Trail | 6/26/2009 | See Source »

Peterson led a six-week campaign on behalf of Agriculture Committee Democrats and some fiscally conservative, so-called Blue Dog Democrats - a bloc of 45 votes - against two provisions in the bill. Ending a turf war, Waxman - whose committee has jurisdiction over the Environmental Protection Agency - allowed the Agriculture Department, not the EPA, to oversee a potentially lucrative program to create technology to save energy for farmers (Peterson allowed that the Obama Administration could weigh in on the EPA's role in the issue, if any). And Waxman agreed to bar the EPA for five years from calculating how much...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...critics, the bill does have the backing of dozens of groups, including unions - even steel workers and coal miners - as well as six of the seven largest utilities, the Nuclear Energy Institute and, tacitly, Wall Street, which will benefit from the creation of a massive new energy-trading market. The majority of environmental groups support the bill, including the Natural Resources Defense Council and the League of Conservation Voters, even if some groups feel that the measure is too weak. When Waxman announced the agreement in a press conference Wednesday, about 30 supporters wearing T shirts and carrying placards that...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...preparing to open its doors to foreign oil companies in a big way. Petroleum experts believe the war-torn country is underexplored and could potentially rival Saudi Arabia in oil reserves. And so the biggest names in the industry will put in bids for 20-year contracts on six of Iraq's largest oil fields and two of its largest gas fields, with the Iraqi Oil Ministry scheduled to announce the winning bidders on June 29 and 30. In the running are Exxon Mobil, Shell and BP as well as smaller Chinese, Russian and other state companies. Winners will have...

Author: /time Magazine | Title: A Chinese Lesson in Iraqi Oil Exploration | 6/26/2009 | See Source »

...winners have a cautionary tale to consider. The first foreign firm awarded a post-Saddam Hussein contract was the Chinese National Petroleum Corp. Oil began to flow six months after CNPC began work on the Ahdad field, located 90 miles south of Baghdad in Wasit province. But it involved learning to work with locals - with the community relations continuing to be volatile. (See a video of Iraq's domestic oil supply problems...

Author: /time Magazine | Title: A Chinese Lesson in Iraqi Oil Exploration | 6/26/2009 | See Source »

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