Word: crudely
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Dates: during 2000-2009
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...trouble was brewing again. Since crude oil prices had doubled by January 2000 and hit a decade high three months later, economists were starting to be worried about how badly business activity would be harmed even though oil was not as big a component in the economy as it had been in the '70s. Still, Fed Chairman Greenspan feared the latest spike in energy prices might fuel inflationary pressures again...
...that we haven't built any refineries. And the bottleneck is really not enough refined product on the market - although OPEC pricing does matter. And I would strongly hope that OPEC does not hurt the huge market called The United States of America by running up the price of crude...
...blame OPEC - at least not completely. The oil-producer cartel hasn't stuck with its pledge to cut production by 1.5 million barrels a day in March, and analysts don't expect the 1 million-barrel reduction promised for April to be as steep as advertised either. Crude oil inventories in the U.S. are up nearly 5 percent from a year ago, to 313 million barrels - but gasoline inventories stand at 192.8 million barrels, a drop of 6.2 percent from this time last year and the lowest springtime level since...
...First problem: Refineries. With the spike in demand for heating oil just letting up after a frenzied winter, regular annual maintenance on the plants that turn crude into unleaded has stretched into spring, and crude is piling up on the shelves...
...flags flying from electricity poles and crude roadblocks of felled trees outside the town?constructed to block military access?suggest that's no exaggeration. In such villages GAM is trying to set up the rudiments of a parallel administration. It is also stepping up military training in makeshift camps where GAM senior cadres?some trained in Libya, others former Indonesian soldiers?put village youths through their paces...