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Conservatives argue that Obama has left too much oil in the ground, but it should be noted that even greatly expanded offshore drilling is unlikely to make much of a dent in U.S. dependence on foreign oil, nor is it expected to affect gas prices. Last year the U.S. Energy Information Agency estimated that reversing the Bush Administration's decision to expand offshore drilling - policies similar to those proposed by Obama - would increase oil prices by $0.11 per barrel in 2020 and $1.33 a barrel in 2030. Those increases would raise gas prices by less than a tenth...
...spot opportunity in Britain's fraying social fabric. If the country is to regain the self-confidence, tolerance and humor that marked it as a great nation long after its influence declined, it needs to rediscover a faith in human nature. The mainstream politicians who did so much to dent that faith may not find it easy to lead its restoration...
...should there be too many tricks this weekend. It’s a game between two talented squads with winning records seeking to bounce back after tough losses and make a dent in the Ivy League...
...China Daily - an English-language newspaper controlled (like all papers in China) by the Communist Party - that "we feel good enough now [about Microsoft's position in China]," adding, "But it's a 20-year [journey], and not just three years." While Bing has yet to make a dent in China - its market share is less than 1% - Mundie stated the obvious when he said the company stood to gain share in Google's wake. And, he couldn't help adding, "Microsoft is here to stay...
Tens of thousands of people demonstrated in Greece's capital on Feb. 24 to protest government austerity measures designed to dent the national debt. The march was organized by labor unions to coincide with the second 24-hour strike in two weeks, which grounded planes, stopped public transportation and shuttered schools. The recently announced belt-tightening measures include tax hikes and government wage freezes. Greece faces a budget deficit estimated at 12.7% of GDP and the possibility of being the first nation to default among the 16 countries that use the euro...