Word: barrelers
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...Dyke has always liked to walk on the wild side. Ten years ago, when he started nosing around West Africa, the price of oil was only $20 per bbl. His friends thought he was crazy sinking money into leases with untested, unstable countries. Today, with a barrel of crude at close to triple that price, demand soaring and experts sounding alarms about depleting reserves, the majors are following Van Dyke's lead. In the offices of Houston-based Vanco Energy Corp., of which Van Dyke is chairman, you can see where this wildcatter is placing his bets. African tribal masks...
...spending bill does absolutely nothing to reduce the deficit while inflicting great harm on the poor. Even within the bill, there are provisions for $35 billion in new spending, including giveaways to dairy farmers and doctors—a symptom of Congress’s dangerous addiction to pork-barrel spending. Instead of seeking to cut much needed social spending, House Republicans should look to excise their propensity for earmarks, which produced $24 billion in pork in the recent highway bill alone. Instead of building the “Bridge to Nowhere” in Alaska, Congress could continue...
Business leaders are losing patience with Sanford's vetoes of budget items like trade centers and tourism marketing. Even G.O.P. bosses charge that he is worse at economic development than at grandstanding, as when he visited the legislature last year carrying piglets to protest what he considered pork-barrel spending...
BRINGING BAMBOO HOME Fast-growing, sustainable bamboo is the material of the moment in the home-furnishings market. Crate & Barrel introduced its Bento line of bamboo furniture with a slightly Asian feel, left, this month...
...political prisoner told a packed John F. Kennedy Jr. Forum last night that Islam and democracy are compatible ideologies. The charismatic Anwar Ibrahim criticized the “democracy deficit” of many Muslim nations, but also questioned the wisdom of spreading democracy “at the barrel of an M-16.” Noting that the moderate democracy of Indonesia has the world’s largest Muslim population, Ibrahim warned against identifying Islam solely with autocratic regimes like that of Saudi Arabia. Ibrahim, who is now a visiting professor at Georgetown University, was forced...