Word: crude
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Dates: during 2000-2009
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...delve deeper, let's examine why gas prices have deflated so much: natural gas prices and oil prices are no longer bedfellows in our present economy. As crude oil has skyrocketed from about $30 per bbl. in December 2008 to more than $70, natural gas has plummeted from nearly $6 per million BTU to under $3, recently hitting a seven-year low. To put these numbers in perspective, this makes oil more than four times as expensive as natural gas to produce the same amount of energy, according to the U.S. government's Energy Information Administration (EIA). (Read "Clean Energy...
That's no reason to party. Here's why: unlike the global crude-oil market, the market for natural gas is incredibly localized. The U.S. produces nearly 90% of what it consumes, and the rest is imported from Canada or from overseas - the latter amounting to only about 2.5% of U.S. consumption. Thus, a glut of domestic gas doesn't really affect imports...
Soon after the first long-distance pipelines were laid in the Northeast in the late 1870s and early 1880s, the first oil tankers were allowed to pass through the Suez Canal, and the modern shipping system was born. Today crude oil travels in tankers that can carry up to 4 million bbl. With daily world demand at about 85 million bbl., petroleum represents about a third of all international cargo. And even though the commodity is also measured in kiloliters (in Japan) and metric tons (in Russia), thanks to whiskey, the units are always converted to the 42-gal. barrel...
...some blacks who don't and we won't be talking about black and white anymore," she says. Still, geneticists point out that hereditary traits follow ancestral lines, not racial ones. And race in America, as it is socially defined, constitutes such broad categories that it is a crude - arguably useless - proxy for genetics...
Seme's suggested test may seem crude, but there's a precedent for it in the world of athletics. At the 1936 Berlin Olympics, in the very same stadium where Semenya won her world title, rumors swirled that 100-meter runners Stella Walsh (nicknamed "Stella the Fella") and her rival Helen Stephens were men. After Stephens took the gold metal, the Olympics committee performed a manual check on her external genitals - and concluded that she was, in fact, a woman. And prior to the 1966 European athletics championships, female competitors were made to walk in so-called nude parades...