Word: crude
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Dates: during 2000-2009
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...Alley means more pain at the pump--especially if another big storm hits or events in the Middle East disrupt supply. Katrina sidelined nine refineries that account for about 12% of U.S. capacity. By the end of last week, the storm had prevented production of 547 million bbl. of crude, a 25-day supply. Offshore oil production in the Gulf accounts for nearly 10% of U.S. daily consumption. Worse yet, natural-gas production also shut down, costing us about 8.3 billion cu. ft. a day, which is 13% of what we consume, according to the U.S. Minerals Management Service...
...market, a tough business under any circumstances and particularly after the 1998 crisis, when the government temporarily suspended debt repayments and devalued the ruble 30%. But the economy recovered much faster than anyone expected. Together with his wife and a friend, Kuznetsov scraped and borrowed to buy a crude packaging machine and set up a business selling sunflower seeds and other products. He buys seeds in bulk from farmers in Rostov, 250 miles away, roasts them and then sells them in nearby towns. Today Kuznetsov Seed Co. has annual revenues of about $1 million. Kuznetsov drives a silver Renault Scenic...
...screws on foreign oil and gas firms operating in Venezuela by raising their taxes and royalties and forcing them to concede majority stakes in their projects to the government. Few plan to pull out of Venezuela, however, given the record profits they're earning there. And with crude prices at astronomical levels, Chavez has used his petro-largesse - including programs to provide cash-strapped neighbors with cheaper access to Venezuelan oil and to build continent-wide pipelines for oil and natural gas - to create what he hopes could someday be an E.U.-style economic partnership in Latin America (though analysts...
...President visited the service station to discuss a number of largely ineffectual remedies for pulling down prices, some of which Rove had previously discussed in the staff chiefs' meeting. Bush suspended additional deliveries to the Strategic Petroleum Reserve to divert that crude to the market. He called for more tax incentives for hybrid cars, fewer environmental hurdles for refinery builders, drilling wells in the Arctic and congressional authority to raise mileage requirements on cars. Senate majority leader Bill Frist, who earlier in the week had advised voters to drive slower and get a tune-up, was fronting a Republican proposal...
...Birds” from Walt Disney’s “Mary Poppins.” The performers casually took advantage of their feathers to crack out light puns—“right-wing politics” anyone? The Classics Club may have gone overboard with crude sexual humor, but they redeemed themselves with cute and clever literary allusions to “Hamlet” and “The Odyssey.” Indisputably, the performers took advantage of a great script. Not only did they articulately roll their tongues around lengthy rhymes chock full...