Word: crudely
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Dates: during 2000-2009
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...terms with nature simply means coming to terms with its neutrality, and that ultimately means coming to terms with oneself. If some "trick" was played by nuclear fission, it was people who played the trick on themselves. In a lecture to fellow scientists, Oppenheimer said, "In some sort of crude sense which no vulgarity, no humor, no overstatement can quite extinguish, the physicists have known sin; and this is a knowledge which they cannot lose." Oppenheimer's presumption is that the physicists, as people, had not known sin before making the Bomb, which sounds like wishful confessing. Nature is what...
...most estimates, 80% of all oil produced today sells for as much as $2 per bbl. below OPEC's prices, the highest of which is $28 per bbl. for top-quality light crude. Moreover, the cartel now produces only 43% of the West's oil, vs. 63% in 1979. The rest is pumped by such countries as Mexico, the U.S. and Britain, none of which belongs to OPEC. Three weeks ago Mexico dropped its price to $3 per bbl. below OPEC levels...
...price slide. "Market stability is at the crossroads," admitted Subroto, Indonesia's Oil Minister and the current president of OPEC, at the start of the session. Yet the most that the ministers could agree on was minor adjustments like lowering OPEC's price for the heaviest grade of Saudi crude by a token 50?...
...would appear to be a mystery worthy of Sherlock Holmes. If OPEC is reeling and the price of crude oil is falling, then why has the cost of gasoline been going up? The Los Angeles-based Lundberg Letter shows that since February the average retail price for all grades of gas has jumped from $1.14 per gal. to $1.24, taking some of the fun out of summer driving...
...made on gasoline will probably stimulate production. In addition, imports of auto fuel from overseas refineries are on the rise. Most industry experts predict that by the end of the year, at the latest, the cost of gasoline will be moving in the same direction as the price of crude oil: down...