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...become less effective with more sources of oil worldwide. And oil suppliers clearly cannot raise prices by controlling demand in the physical oil market; ultimately, they need to sell their oil, not buy it. However, with the market inefficiencies that we expose here, oil suppliers can regain the upper hand by artificially inflating demand using a different market. To understand this mechanism, we must take a glimpse into the future - the futures market, that...

Author: /time Magazine | Title: Are Oil Prices Rigged? | 8/22/2008 | See Source »

...time as a prisoner of war, and of a North Vietnamese guard who was his Good Samaritan. It was like a window into the depths of his faith. His answer truly revealed just what type of person he is. Obama's account of his "Christian j0urney," on the other hand, sounded like a rehearsed answer at a news conference. In proffering his policies for various social problems, he revealed nothing about his faith. He dodged the question. That, too, says much about his character. Mary Lepp, Yankton, South Dakota...

Author: /time Magazine | Title: Inbox | 8/21/2008 | See Source »

...feel about being compared to J.K. Rowling? -David Sobalvarro WASHINGTONIt's mixed. On one hand, it's really flattering. I'm a huge fan. On the other hand, there is a bit of backlash because then people say, "Who does she think she is?" And then I feel bad, like I'm the one going around and saying this, which I'm not. I don't enjoy that side...

Author: /time Magazine | Title: 10 Questions for Stephenie Meyer | 8/21/2008 | See Source »

Consciously or unconsciously, Obama has been honing this technique for years. During his time at Harvard Law School in the 1980s, the student body was deeply divided. In one heated debate, Obama so adroitly summarized the various positions without tipping his own hand that by the end of the meeting, as Professor Charles Ogletree told one newspaper, "everyone was nodding, Oh, he agrees with...

Author: /time Magazine | Title: The Five Faces of Barack Obama | 8/21/2008 | See Source »

...more pitch. "Over 140 countries play this game," she says. "You know, you don't have to be six-four [Finch is 6-ft. 1 in.] You don't have to be 200 pounds. We have all different shapes and sizes. The sport tests so many athletic abilities, from hand-eye coordination, to speed, to agility, to quickness. We're finally at the pinnacle, we've finally been established. Please don't take this away...

Author: /time Magazine | Title: Jennie Finch Goes Out on a Losing Note | 8/21/2008 | See Source »

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