Word: crude
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Saudi Arabia has always considered itself the model of prudence and self-control among the 13 nations that make up the Organization of Petroleum Exporting Countries. When one of the other members threatens the group's strength by producing too much crude oil or selling it at a discount, the Saudis are usually the first to scold. Thus Saudi Arabia has perplexed the global oil industry this summer by boosting its output by 1 million bbl. a day beyond the country's voluntary quota of 4.5 million bbl. The extra crude has aggravated the world's surplus...
GRANTED, the sheer tunefulness of the best songs on this album is of some interest. "I Love You Suzanne," with Reed's crude lead guitar work winding around Fernando Saunder's bass run, should prove a breezy reintroduction for this ex-Velvet into the Top-40. "High in the City" pays tribute to urban joys, while nonchalantly accepting accompanying hassles of the city streets. Here, notice Reed's funny, offhand delivery of lines like: "Hey, look they're setting fire to that jeep. There's not much you can keep...
Three years ago, OPEC was a global oil power whose $35 price per bbl. of crude meant nightmarish gasoline prices and stagnant economies for the industrialized world. But along with staggering energy costs came recessions and conservation measures that whave resulted in a worldwide oil glut. Last week the 13 members of OPEC 1 gathered in Vienna and struggled to hold onto their bench-mark price of $29 per bbl. and a production ceiling of 17.5 million bbl. a day that they established in March...
...superpowers consider talks about controlling weapons in space, the question arises: Which side is ahead? In antisatellite (ASAT) technology, the Soviet Union already has a crude ground-launched system that can destroy satellites orbiting at relatively low altitudes. But the U.S. is on the verge of developing a far superior system. As for the Star Wars idea of using ASAT technology as part of a ballistic-missile defense that would attempt to intercept enemy missiles before they can deliver their nuclear payloads, the U.S. has a solid lead in the infrared guidance that would be used...
Piercy could probe much more deeply into Daria's dual struggle not to take the same verbal and psychological abuse that her mother took from her crude, hulking, selfish father and to still honor her mother. But after introducing Daria's quandary, Piercy abandons this conflict in favor of the cheap thrills of the arson story...