Tuesday, March 3, 2015

West Dickinson bypass - exit 56 funded / passed:

The Dickinson City Commission approved funding Monday evening for the construction of a bypass that will connect Interstate 94 to Highway 22 west of the city. 

Data points:

• $5 million
• large part of the project funded by the state

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ExxonMobil With More Acreage In Russia Than In The US

ExxonMobil snapping up Russian oil acreage:

Exxon Mobil Corp shook off the chill of sanctions and continued to snap up drilling rights in Russia last year, giving it more exploration holdings in Vladimir Putin’s backyard than in the U.S.

Taking the long view, Exxon boosted its Russian holdings to 63.7 million acres in 2014 from 11.4 million at the end of 2014 (sic), according to data from U.S. regulatory filings. That dwarfs the 14.6 million acres of rights Exxon holds in the U.S., which until last year was its largest exploration prospect.

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Ford's February Report Not So Great; But One Bright Spot

From the press release: Mustang sales increased 32 percent with 8,454 vehicles sold – representing its best February sales since 2007 and making it the best-selling sports car in America since the launch of the all-new model last fall.

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WSJ Headlines

Is GE's Immelt on his way out? Victim of low oil prices; lack of interest in wind turbines?
Boehner caves to Pelosi, Reid, and Obama.

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All In -- Getting Off Easy

The New York Times is reporting:

WASHINGTON — David H. Petraeus, the best-known military commander of his generation, has reached a plea deal with the Justice Department that will allow him to avoid an embarrassing trial over whether he provided classified information to a mistress when he was the director of the C.I.A.

Mr. Petraeus will plead guilty to one count of unauthorized removal and retention of classified material, which carries a maximum penalty of one year in prison. Mr. Petraeus has signed the agreement, said Marc Raimondi, a Justice Department spokesman.

The plea deal completes a spectacular fall for Mr. Petraeus, a retired four-star general who was once discussed as a possible candidate for vice president or even president. He led the wars in Iraq and Afghanistan and was the architect of a counterinsurgency strategy that at one time seemed a model for future warfare.

The mistress, Paula Broadwell, is a former Army Reserve officer who had an affair with Mr. Petraeus in 2011, when she was interviewing him for a biography, All In: The Education of General David Petraeus.

This, I suppose, will be the last entry on the long-running Petraeus series which is followed here. It's hard to believe the blog has covered so much irrelevant material that helped keep the blog interesting. LOL.