Word: gas
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...Some analysts believe that a bigger problem may be consumer panic. Drivers, who on average have one-third of their tank filled, could rush out to fill their tanks, effectively tripling the demand for gas. That alone would send oil prices soaring. So, too, would speculation by investors who predict a drop in supplies. "Prices will rise, and people will buy futures," says Drollas. "Traders will buy because they are worried about their supplies." All that could send market prices rocketing - and deepen the global recession. It remains to be seen whether the market remains calmed by Obama's reassurances...
...moment for environmental politics. If the bill passes the Senate to become law - no sure thing, given the 60 votes needed in the upper chamber - it would establish the first national caps on carbon emissions. It would also create what would almost certainly be the world's biggest greenhouse-gas market, since companies would have the option to buy and sell carbon credits and offsets. Every smart, efficient enterprise that can rapidly bring down its emissions will be able to make a mint on the carbon market - and so will the carbon middlemen...
...year, governments from around the world will meet in Copenhagen hopefully to hammer out a new treaty - the successor to the Kyoto Protocol, which expires in 2012 - to reduce global greenhouse-gas emissions. Their lack of time aside, diplomats face a very large, very immovable hurdle on the way to a new Kyoto...
...Bipartisanship At the start of her term in 2006, Palin's platform looked much more Democratic than Republican. She picked up on Dem calls for ethics reform and backed Democratic stands against oil- and gas-company interests. She made limited mention of abortion and other social-conservative issues. She would also visit the legislative offices, sometimes bringing fresh baked cookies and bagels. "I'm sure she visited some Republicans, but mostly the people she visited were Democrats," says Alaska representative Harry Crawford, an Anchorage Democrat who has known Palin for more than a decade. "With Sarah, we were able...
...automatic-rifle shots came before tear gas was used. Thousands scattered and ran; a few foolhardy protesters threw rocks back. A Pop Eye Chicken and Seafood restaurant had all its windows blown out, its customers sprinting away so fast that one woman left a shoe amid the shattered glass...