Word: crudely
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Dates: during 1990-1999
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...notorious oil tanker will have a new name when she returns to service in August, and she will not be going back to Valdez, Alaska, where her grounding in March 1989 caused the biggest oil spill in U.S. history. Instead, the Exxon Mediterranean, nee Exxon Valdez, will be hauling crude oil from Turkey and Egypt to France and Italy. The tanker will have a new $30 million bottom and a new American crew...
...Europe controlled the supply of the world economy's lifeblood. At the peak of their clout in the 1960s, the renowned Seven Sisters -- British Petroleum, Gulf, Esso (now Exxon), Mobil, Royal Dutch/Shell, Standard Oil of California (now Chevron) and Texaco -- ruled with unquestioned authority. They discovered crude oil in the Middle East and Asia, shipped it to the developed world in their own tankers, processed it in their own refineries and sold it through gas stations that carried their logos...
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...
...person takes Andrew Dice Clay seriously, he's an idiot," said a student at Northeastern who identified himself only as Brian. "He's only a comic and he's doing what he believes in. It's a crude comedy, but no one can stop...
...Ease a ban on the export of California's heavy crude oil. Japan would like...