Word: demands
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Dates: during 2000-2009
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...manufacturers like GM, Hyundai and Ford wise to boost production at this point in the economic cycle? Yes, as long as the production increases are done for the right type of vehicles - such as high-demand, low-supply, gas-efficient cars and crossovers - and for the right price point. Recently announced production increases are modest and fit this description; therefore, I'd agree with them. The worst-case scenario for dealers - and the manufacturers - is to have qualified buyers on your lot and not have the inventory to sell. (See the most exciting cars...
...standard ever since the overwhelmed Pennsylvania oilmen struck their first gusher. Before U.S. drilling began in 1859, "rock oil" (to differentiate it from vegetable oil or animal fat) was sopped up with rags, wrung out and peddled as a cure for everything from headaches to deafness. Spurred by demand for lamp fuel as whale blubber grew scarce, derricks popped up all over Pennsylvania's oil region in the 1860s, although subsequent overproduction drove prices so far down that at one point, a wooden barrel was worth twice as much as the oil it contained, according to Daniel Yergin's definitive...
...pipelines were laid in the Northeast in the late 1870s and early 1880s, the first oil tankers were allowed to pass through the Suez Canal, and the modern shipping system was born. Today crude oil travels in tankers that can carry up to 4 million bbl. With daily world demand at about 85 million bbl., petroleum represents about a third of all international cargo. And even though the commodity is also measured in kiloliters (in Japan) and metric tons (in Russia), thanks to whiskey, the units are always converted to the 42-gal. barrel for trading and selling. (Watch...
...also a way for public health officials to get a handle on how infectious a new influenza like H1N1 might be, how it spreads, and how quickly. That helps them know how much vaccine might be needed, how to distribute it, and when to expect a surge in demand for flu treatments, including antiviral drugs such as Tamiflu and Relenza. It can also help predict when hospitals might become overwhelmed by flu cases, and prepare them to patch up already strained health care resources...
...known. But make no mistake, the whiff of horse flesh is again in the air. For now, according to diplomats and officials in Seoul, both the Obama Administration and its allies in South Korea are in agreement: under no circumstances will they back off their demand for complete denuclearization in the North. But a senior official in Seoul tells TIME that South Korea will allow the disbursement of economic aid to the North "in parallel" with the progress North Korea makes on denuclearization. The official says this has always been Lee Myung Bak's policy, and it's not likely...