Word: crunches
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...White House, the hardest-working man on the ticket and the one man his president cannot do without. He's also a die-hard Western conservative who until he rejoined the government made a fortune at the top of oil-services firm Halliburton. And he's tackling the present crunch in energy - really more of a crunch in cheap energy, which is not quite the same thing - the best way he knows how: With more energy...
...Republicans find that the numbers change when the question is framed as one of economic security. If the energy crunch means layoffs, job dislocation, and high fuel prices, people are a lot more responsive. So that's the way Republicans are going to try to frame this debate down the road...
Power says that she is disappointed that the residents have decided to take legal action, saying the purpose of the proposed 240-unit building is to help alleviate the housing crunch in Boston and Cambridge caused by graduate students living in residential areas...
...crunch could ease later this summer. Massive productivity increases have already led to added capacity, and increasing inventories should stall soaring prices and lower refiners' margins. Still, the refining and distribution system is severely strained. If rolling blackouts in California hamper refining operations, supplies could thin out again, not just in the West but throughout the country, as distributors race to reroute gasoline. If there are no disruptions, then wholesale prices should drop. The real question is whether gas-station owners like Saroki and Glazer, hurt so badly these past months, will pass those savings...
...Crunch he did. Small is reorganizing the Smithsonian from top to bottom, replacing its quasi-academic structure with a sleek, corporate-style hierarchy. He also launched an aggressive fund-raising campaign that netted $206.6 million last year. "I didn't come here to preside over a gradual decline," Small told TIME. "We need to bring the Smithsonian into the 21st century." He pulled off several very public--and costly--coups, including the rental of two Chinese pandas for $10 million and the acquisition of a George Washington portrait for $30 million...