Word: demanding
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...well has the oil industry dealt with this increased demand...
...Last year was the strongest oil-demand increase in a generation and the strongest economic growth in a generation. China's oil demand grew 17% last year, or almost 1 million bbl. a day. There have been only a few times in the history of oil that demand has grown by 1 million bbl. a day in a single country; the last was in 1977 when the U.S. was coming out of recession. What we are seeing with China, and with India behind it, is analogous to the European economic miracle of the 1950s and 1960s. A dozen years...
...even higher. Now they are trying to damp down the growth because they're concerned about overinvestment and inflation. We should never assume things will continue in a straight line. But as long as China and India are experiencing a strong economic growth rate, that translates into higher oil demand...
...NAHB's Remodelers Council estimates that nearly one-quarter of the $100 billion a year that baby boomers spend on remodeling is devoted to aging-in-place modifications. And with the graying of the nation's population, the demand for universal design "isn't even a trend, it's a necessity," says Melanie Hinton, formerly of NAHB. "It's not going away like avocado and harvest-gold appliances." --By Elizabeth Pope
Graduate students in the natural sciences are not expected to participate in the strike. According to Reynolds, these students are often involved in research and are “not ready to demand recognition...