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As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. Low oil and gas prices are good for the overall economy because they reduce costs for consumers and business. Comment?
The Inglewood City Council unanimously approved a $2 billion stadium plan backed by St. Louis Rams owner Stan Kroenke that clears a path for the NFL to return to the Los Angeles area for the first time in two decades. But the approval that really matters - the NFL's blessing for a team to move into the nation's second-largest media market - is a major work in progress. Comment?
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