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...Even the general agreement on the need for more investment to answer that question came with its own polemics. "Exxon will spend $1.25 billion on research," said ExxonMobil CEO Rex Tillerson. "My company alone is investing at a rate of 60% of OPEC's." But asked what the OPEC was investing to secure future demand, Khelil responded by suggesting his organization was being unfairly targeted. "What are other countries doing? Why don't you ask Brazil? Why don't you ask China? Those aren't OPEC countries," he said. Meanwhile, BP's Hayward blamed high taxes for stymieing necessary investment...

Author: /time Magazine | Title: No Gloating for Big Oil | 7/2/2008 | See Source »

...early on to rely on his own sense of what's right, rather than looking for affirmation from others. "It's very important to live your life by an internal yardstick," he told us, noting that one way to gauge whether or not you do so is to ask the following question: "Would you rather be considered the best lover in the world and know privately that you're the worst - or would you prefer to know privately that you're the best lover in the world, but be considered the worst...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

What better role model could you ask for than this? And how do you put a price on the opportunity to spend nearly three hours in his company? Well, two days after our meal, the auction closed on eBay for next year's lunch with Buffett. The winner, a Chinese money manager named Zhao Danyang, bid $2.1 million. So, that proves it: our $650,100 lunch was a total bargain...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

...daughter's face, she realized, with horror, that she had unwittingly suffocated the girl. While the public argued against Kuntar's return to Lebanon, the widow Haran issued a statement supporting the prisoner exchange: "This terrible murderer is not, and never was, my private prisoner," she wrote. "I ask that my personal pain will not interfere with your dilemma and your decision regarding the prisoner exchange deal...

Author: /time Magazine | Title: Israel Makes Deal for Prisoners | 6/29/2008 | See Source »

...holding for the first time that the military's exclusion of openly gay members must be based on more than simple moral disapproval of homosexuals. That case has been sent back to lower courts for further proceedings, but is already seen as a major challenge to the "don't ask, don't tell" policy of the U.S. Armed Forces...

Author: /time Magazine | Title: The Court's Gay Rights Legacy | 6/28/2008 | See Source »

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