Word: barrelfuls
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...five-ton truck rattles to a stop on a dirt road just before dawn, Lieut. Jason Lojka snaps his squad to attention. "Dirty!" he barks to the men loaded in the back of the vehicle. "Boots!" they reply. Again. "Dirty!" "Boots!" The infantrymen barrel out of the truck toward a two-story home perched on the edge of a sandy bluff overlooking the Tigris, some 10 miles north of the city of Tikrit. They reach the compound's metal gate, M-16s locked and loaded. A translator bangs on the door. When an old woman opens up, the troops sweep...
...meandering route? In 2001 the Alaska state legislature enacted a law blocking the cheaper northern pipeline. Lawmakers wanted a pork-barrel project to keep construction and supplier jobs in the state. State representative Jim Whitaker, a Fairbanks Republican who sponsored the measure, summed up the state's attitude: "The legislature has a responsibility to ensure that Alaska gas goes to market in a manner that is in the maximum best interest of the people of the state of Alaska." Congress has agreed...
...make matters worse, the U.S. is confronted with a refinery gap--just as it was in the 1973-74 oil crisis. The U.S. consumed 19.8 million bbl. a day of petroleum products last year, but its refineries could process only 16.6 million bbl. of crude oil. The 3.2 million barrel difference was made up through imports of finished products like gasoline and jet fuel, which are even more susceptible to supply disruptions than crude oil. Following the energy debacles of the 1970s, the industry began adding refinery capacity. By 1980, it could process all the crude oil required to meet...
Popularized by rap artists (Snoop Dogg, Jay-Z, Nelly) and NBA stars (Latrell Sprewell, Shaquille O'Neal, Kobe Bryant), custom wheels come in thousands of eye-catching shapes that resemble everything from the blade of a buzz saw to the barrel of a revolver. Specific models, sold under brand names like Bling Image and AutoCouture, can race in and out of fashion in as little as six months. "People want big chrome one week, silver the next," Don Sabino says of the 10,000 customers at his Rent-A-Wheel chain in the southwestern U.S. But in the oversexed world...
...Saudi well averaged 10,200 bbl. U.S. wells, which are gradually drying up, averaged just 17 bbl. It would take more than 800 U.S. wells to pump as much oil as a typical Iraqi well. Consequently, production costs in Iraq are much lower. The average cost of bringing a barrel of oil out of the ground in the U.S. is about $10. In Saudi Arabia, it's about $2.50. And in Iraq, it's less than $1, according to Fadhil Chalabi, executive director of the Center for Global Energy Studies in London and former Under Secretary of Oil in Iraq...