Word: crude
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...expect relief from higher gas prices any time soon, despite OPEC's agreement to raise output. The oil-producing cartel and its non-member allies agreed Tuesday on a 1.7 million barell-a-day increase in the amount of crude they pump, in response to pressure from the U.S. for a 2.5 million-barrel-a-day increase. "Washington was pushing for 2.5 million a day in the hope that it would bring quicker relief to U.S. consumers," says TIME senior business writer Bernard Baumohl. "Even an increase of 1.7 million won't bring U.S. energy prices down that much...
Because no one chants crude remarks at my opponents, does not make my varsity sport experience any less important...
...prices, rather than interest rate hikes, may do Alan Greenspan's dirty work on the economy, and that could be bad news for Al Gore. The price of crude oil jumped to $34.13 a barrel Wednesday, an almost 10 percent increase in the space of a week that has Wall Street jittery and President Clinton warning producer nations against continuing to choke the supply. The price has more than trebled over the past year, after oil-producing nations inside and outside the OPEC cartel agreed to cut back production in order to drive prices back up. "Even though...
...mechanical grasshoppers are ideal for the mission, capable of flitting over rolling jungles at more than 100 m.p.h. They are about the only conveyance possible; roads and airports are scarce, and river travel is slow. Helicopters can survey the rugged Andean terrain for coca and poppy fields, for crude drug-shipping airstrips hacked out of the vegetation and for the labs where the narcotraffickers produce illicit drugs. Armed and armored, the helicopters can protect unarmed crop-dusting planes as they spray lethal herbicides over thousands of acres of coca and poppy plants. And only helicopters can spot outlaw labs...
...remains to be seen is how quickly relief will come to the pumps. U.S. oil stores are so depleted that any crude oil production increase could take months to translate into better news at your local service station. So even if the increases begin immediately after OPEC meets, industry analysts don't believe they will have an impact on the U.S. market in time for the summer driving season. The only hope for a earlier decreases: President Clinton's recent indication that he might increase the domestic oil supply by lending the U.S. strategic oil reserves to major gasoline distributors...