Jubilant Republicans pushed to the verge of the most sweeping rewrite of US tax laws in more than three decades on Tuesday - but perhaps emblematic of the stumbles along the way, there was one last hiccup.
For decades, alternative energy was the province of activists. It was far more expensive than fossil fuels, and many remained unconvinced of humanity’s role in the globe’s rising temperature.
Shale oil producers already awash in a supply glut face added crude as early as next year after an agreement to ease sanctions on Iran cleared a Senate obstacle.
A Senate vote Thursday paved the way for President Barack Obama to ease financial penalties for doing business with Iran.
Democrats kept Republicans’ disapproval resolution from advancing in a 58-42 procedural vote, with 60 required. That may allow additional Iranian exports to hit the market as early as the first quarter of 2016.
