Word: fuel
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...like the Indiana Jones of the oil patch. Gene Van Dyke is one of the last of the wildcatters, independent operators who roam jungles and deserts looking for black gold. He has become the man to see if you need millions of barrels of crude oil a day to fuel a booming industrializing country, which is why the rough-hewn geologist found himself in Bermuda two years ago, hammering out a deal with executives of the Chinese national oil company Sinopec. "They were under pressure," Van Dyke recalls, and they were ready to make a deal. That meeting...
...dependence on oil gives me new hope that my grandchildren are not doomed to third-class status in the future. Ernestine Donnell Austin, Texas, U.S. How long oil reserves are going to last is beside the point. The important question is how long we can afford to burn fossil fuels without considering the long-term consequences of the accumulation of carbon dioxide in the atmosphere. Huber, like many of his compatriots, doesn't seem to give a damn about that, although he acknowledges that the U.S. government does. Washington should do more, since the U.S. is responsible for some...
...Rahul Prabhakar ’09 said he agreed that education reform is essential in easing the transition to a more technological economy. “[Granholm’s] emphasis on education meets the needs of a factory line that is changing from standard engines to fuel cells,” Prabhakar said. Granholm also commented in her speech on her position as Michigan’s first female governor. “Once [a woman] makes it through the glass ceiling, [she] has the obligation to reach down and pull others through,” she said...
...Burt Rutan (who also designed the first civilian spacecraft, SpaceShipOne), took off from an airfield in a small town in Kansas; 67 hr. 2 min. 38 sec. and 23,000 miles later, the aviation world had reached another milestone. GlobalFlyer is so light (at takeoff, its weight is 83% fuel) and so aerodynamic (with a 114-ft. wingspan) that it has to use drag parachutes to help it get back down to the ground. Next: On the Move...
...horsemen of the apocalypse - SARS, conflict in Iraq, terrorism and the economy," said Giovanni Bisignani, head of global airline-industry group IATA, last year. "But a fifth horseman, the price of oil, could deny us profitability yet again." Not in Ryanair's case. The Dublin-based budget airline's fuel bill doubled in the six months to October, but it still cheered earnings of $277 million last week, a year- on-year rise of 18%. CEO Michael O'Leary's course of squeezing nonfuel costs and pushing up passenger volumes will "see [Ryanair] through an awful lot of tough times...