Word: gulf
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...course, but it is dwarfed by the human drama. Sestak is a local boy made good, a graduate of Cardinal O'Hara High School in Springfield, Pa., who attended Annapolis and then spent 31 years in the Navy, including command of the U.S. naval battle group in the Persian Gulf during the wars in Afghanistan and Iraq in 2003. His opponent, the Republican incumbent Curt Weldon, is also a local boy made good, a classic Reagan Republican. He's a working-class kid, former volunteer fire chief and local pol who has built a reputation as the firefighters' best friend...
...most expensive examples of "bureaucratic bungling," according to Devaney, was a department program in the late 1990s to encourage oil-company exploration in deep waters of the Gulf of Mexico, where it's more difficult than it is on land to extract the crude. Those leases exempted the companies from having to pay royalties to the federal government. The agreements, however, were supposed to have a clause in them that lifted the exemption if oil prices shot past $36 a barrel. (Oil currently sells for more than $60 a barrel.) But because of a foul-up in drafting the deepwater...
...Raising a Child in Iran's Cultural Divide Coping with the gulf between Iranian private and public life is a difficult skill even for adults to manage. So what should we teach our children...
...United States and Iran. It's not hard to see why: Iran is the fourth-largest supplier in an already tight world market, and its threat to respond to any attack by closing the Straits of Hormuz - the maritime bottleneck through which oil from Saudi Arabia and the Gulf States must pass - could send oil markets into shock. But oil futures fell to just under $64 a barrel this week, from close to $77 a month ago, suggesting that oil markets are not expecting a confrontation with Iran any time soon...
...Rolling out former British Prime Minister Margaret Thatcher, who famously urged George H. W. Bush not to "go wobbly" ahead of the first Gulf War, was a particular bit of political hardball by the President's Hill allies as they try to stiffen spines in their caucus. And the stakes are high. The November midterm elections may hinge on national security, and McCain and company are depriving their party of its best weapon - a vote that makes Democrats look weak. More important, the White House claims, is that McCain and company could outlaw methods of gaining intelligence that have been...