Word: crude
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...BETTER: Proulx was a realist, not much interested in the glories of mountain landscapes. Director Ang Lee is a romantic, and his realizations of the high country where the cowboys herd sheep and fall in love have a transformative effect on the story. He makes you believe those rough, crude guys might just possibly achieve passion and tenderness in those breathtaking locales...
...year-old Texan who operates like the Indiana Jones of the oil patch. Gene Van Dyke is one of the last of the wildcatters, independent operators who roam jungles and deserts looking for black gold. He has become the man to see if you need millions of barrels of crude oil a day to fuel a booming industrializing country, which is why the rough-hewn geologist found himself in Bermuda two years ago, hammering out a deal with executives of the Chinese national oil company Sinopec. "They were under pressure," Van Dyke recalls, and they were ready to make...
...Dyke has always liked to walk on the wild side. Ten years ago, when he started nosing around West Africa, the price of oil was only $20 per bbl. His friends thought he was crazy sinking money into leases with untested, unstable countries. Today, with a barrel of crude at close to triple that price, demand soaring and experts sounding alarms about depleting reserves, the majors are following Van Dyke's lead. In the offices of Houston-based Vanco Energy Corp., of which Van Dyke is chairman, you can see where this wildcatter is placing his bets. African tribal masks...
...investment in exploration and production will lead to greater supply in coming years. "There's more than enough reserve base," says Craig Pennington, energy analyst at Schroders. By 2010 crude will average $36 per bbl. as new technologies and new fields in formerly unreachable regions of Russia and the Middle East add more than 3 million bbl. a day to global supply, he predicts...
...students under the guise of personal expression and the breaking down of repressive taboos. College is presumably a moment for reflection and self-definition aside from commercialism, rather than the time to be transformed into the faithful consumer of new and varied products. The Nov. 3 event was crude, not because of the coarse language used by the speaker, but because it was a simple display of the market at work, co-opting what might have been a genuine attempt to reflect on a topic of significance. If the organizers of the event believed otherwise, they were deceived...