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What's responsible for sky-high oil and gasoline prices? To the threat of war in Iraq and this year's cold winter, add another culprit: the Administration's oil policies. That's the charge in a new Senate report produced by Democrat Carl Levin of Michigan. After 9/11, Bush developed a plan to fill the Strategic Petroleum Reserve (SPR), a 700 million--bbl. store meant to sustain the U.S. in an emergency. Last year 40 million bbl. were added to the SPR. The report states those purchases drove up prices by adding to the demand for oil. An independent...

Author: /time Magazine | Title: Soaring Oil Prices: Another Culprit? | 3/17/2003 | See Source »

...something quite different happened. Standing in front of the club the following day, Jackson cautioned against a "rush to find a culprit" and deflected the focus of attention from the club owner onto the city. "The fact is, safety codes were not enforced, and it's the job of inspectors and officials to do just that," he said. Coming from a civil rights advocate with a long record of giving voice to the voiceless, Jackson's temperate response to the E2 disaster seemed curious, to say the least. The E2 investigation is beginning to show that the fault...

Author: /time Magazine | Title: In Chicago, Jesse on the Spot | 3/3/2003 | See Source »

...wrestlers claim that Title IX is the culprit behind their decline. They argue that the law’s proportionality requirement forces men’s collegiate sports teams to disband in order to achieve numerical equality with women’s sports teams. Yet, while it may serve a university’s interests to use Title IX as an excuse for cutting funding to sports teams, there is nothing in the law or its enforcement guide that necessitates cutting men’s teams...

Author: By Anat Maytal, | Title: Title IX Rematch | 2/20/2003 | See Source »

...editorial of February 12 (Editorial, “A Resource for Reconnaissance”). The opinions expressed were abominable to say the least. The editorial proposed that the U.S. should target foreign students to inform on possible weapons programs, naming China as the chief, but not only, culprit...

Author: By Tzu-huan Lo, | Title: Students Should Not Be Pressured To Spy | 2/13/2003 | See Source »

When WorldCom first owned up to its massive accounting fraud last summer, most observers of the once soaring telecom upstart figured its calls were numbered. Rivals like AT&T and Sprint were happy to close the book on a company they blame as the principal culprit in the telecom bubble--one that had posted curiously high profits that they could never quite seem to match. But six months after its dirty little secret of success was exposed and the company was left for dead, WorldCom is confounding both its critics and its competition--not only refusing to die but showing...

Author: /time Magazine | Title: WorldCom: Showing Signs of Life | 12/30/2002 | See Source »

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