News roundup: US economy shrank at 1% rate in revised Q1 report … White House report touts success of energy policy as new EPA rules loom … Exporting US oil would be economic boon, report says

Upon further review: Turns out the first quarter was one to forget. Even as the winter of 2014 fades in the rearview mirror and growth shows signs of picking up, it is becoming clearer just how much t…