Word: bitefuls
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...That's a big bite out of the U.S. energy diet. The Gulf of Mexico produces about a third of the oil and a quarter of the natural gas consumed in the U.S. Katrina forced the shutdown of 95 percent of oil and 88 percent of gas production. Three weeks later, the industry has brought back online some 46 percent of oil production and 66 percent of natural gas. Oil production has been limited by damages to four refineries, which are not expected to be fully operational until next year. Pipeline damage has been harder to assess since divers...
...city dry, and the slow (but quicker than we think) job of rebuilding will begin. Then there will be no 24-hour news coverage. The spin doctors' narrative will create a wall of illusion thicker than the new levees. The job of turning our national disaster into sound-bite-size commercials with somber string music will be left to TV. The story will be sanitized as our nation's politicians congratulate themselves on a job well done. Americans of all stripes will demonstrate saintly concern for one another. It's what we do in a crisis...
...Even developed, energy-efficient economies like Japan and South Korea are feeling oil's bite. Growth in Korea is likely to be at least 20% below what the Ministry of Finance and Economy was targeting at the beginning of the year, economists estimate. In Japan, $60 oil for 12 months could shave half a percent off GDP growth in an economy that had recently begun to perk up, according to Reiji Takeishi, a senior fellow at the Fujitsu Research Institute in Tokyo. The oil-price hikes so far, estimates Morgan Stanley economist Andy Xie, mean the Asia-Pacific region...
...quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder The menu, chosen daily by the chef, features 20 full courses; some of them bite-size, others a little more substantial. Locally-reared meat and fish make the occasional appearance in a predominantly vegetarian menu. The organic vegetables take longer to cultivate, but "the absolute bottom line is that they are tastier," says the chef. That seemed true of each dish I savored...
...challenge. Fishermen are taking off to the globe's remotest rivers for rod-and-reel battles that send the adrenaline rushing as fast as the water they're wading in. But wilderness trips are not for amateurs: "You need to go with an experienced outfit?some of these fish bite back hard," says Charles Jardine, a coach for England's national fly-fishing teams. Here are three of the most pristine?and challenging?locales...