Word: cubic
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Dates: during 2000-2009
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...sent them ever lower. "Prices got to an insane level," Texas economist M. Ray Perryman says, "but they are equally insane now." With the price of a barrel of oil hovering in the $45 range and natural gas cut in half from a high of $14 per thousand cubic feet, the domestic energy sector is now at a critical "tipping point," Perryman says. If prices dip lower, he adds, the pace of the slowdown will quicken as domestic oil and gas fields that demand expensive, high-technology drilling methods will be shut. (See pictures of the remains of Detroit...
...first quarter of fiscal 2009, oil-production taxes have slipped from the 72% increase seen in fiscal 2008 to a 36% increase in the first quarter, according to the Texas state comptroller. (The state levies a 7.5% severance tax on every barrel of oil or cubic foot of gas taken out of the ground...
...predictable result: pollution of the country's lands and waters on a shocking scale. According to Vietnam's state media, thousands of large - and small-scale industries - discharge at least 33,000 cubic meters of waste into the Mekong River system every day. Midwife Le Thi Thanh Thuy, who lives a kilometer from the Vedan plant, tells pregnant women living along the Thi Vai River not to drink the water. Even some well water burns people's skin and isn't used to wash clothes. "They are so poor, they don't have enough money to buy rice," says Thuy...
...million American families. The Oregon Democrat has accused Palin of a "major contradiction" between her support for gas exports and campaign emphasis on more drilling to slake US energy needs. "It's pretty outrageous to scare Americans about energy shortages while she has been approving export of billions of cubic feet of natural gas that could be providing energy to homes in Alaska and the lower 48 states," he said...
...pipeline is far from a sure thing, however, and the first cubic foot of North Slope gas years from production. Nevertheless, Irwin said, whatever quick help could have been provided from gas now headed for foreign markets pales by comparison...