Word: crude
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...unnamed suspect told the police that Terry had committed suicide and that he had buried her body, but he refused to say where. Instead he handed his interrogators two sheets of paper. One contained a crude map with three rough drawings of what could be outlines of countries. They were marked by Roman numerals. The other listed what looked like obscure chess moves...
...understand why they just don't modernize their facilities and get up with the times. They're using these crude techniques that go back 50 to 60 years," said Evelyn Kimber, a protester who lives in Boston...
These incursions by national oil companies, which only a decade ago did little more than keep track of the crude they sold wholesale to foreign firms, have transformed the oil industry. The declining clout of U.S. and European companies is more than just a blow to Western pride. As petroleum-producing countries become more involved in refining and retailing, they will carry off an increasing share of profits that might have gone to American business. Yet the overall impact of this steady loss of American economic sovereignty is not all bad. For consumers, it may bring a pleasant stability...
...moment, motorists may wonder where the bargain is. While crude prices have fallen from nearly $17 a year ago to about $13 per bbl. currently, the average price of regular unleaded gas has declined only about 4 cents per gal., to $1.08. The main reason gas prices have lagged behind the fall in crude is a shortage of U.S. refining capacity. Demand for gasoline has risen in recent years, but new refinery construction has been hampered by environmental protests and changes in tax laws. As a result, refineries have been reaping fat profits, a growing portion of which is heading...
...Petroleum Exporting Countries and the oil embargoes of the 1970s began to interrupt that arrangement. Newly confident Third World governments abrogated or phased out the concessions under which Western oil companies had pumped oil on their territory. The national oil companies, which controlled 75% of the world's crude output, insisted on higher prices that cut into the profit margins of Western companies. The once cozy world of Big Oil quickly became a cutthroat competition in which the lack of a guaranteed supply of crude oil could mean the end of a once dominant firm...