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...wake of Hurricane Katrina, the price of crude oil - although still high by recent standards - was actually falling. That's because the real problem isn't crude oil prices. Crude oil is useless unless it is refined into the products we really need - gasoline, heating oil and jet fuel. Refining is a simple but essential step in getting from oil in the ground to gas in your car's fuel tank. Oil's various refined products, such as gasoline, kerosene and diesel, have different boiling points. The lighter the chemical composition of the desired product, the lower the temperature needed...

Author: /time Magazine | Title: Refining the Problem | 9/18/2005 | See Source »

...situation. While it’s impossible to eradicate all risk, every possible step must be taken to minimize it, even at higher costs. Excepting the Peru crash that was the result of inclement weather, the other three major accidents are thought to have technical causes. The Greek jet, it is said, suffered a sudden loss in cabin pressure that could have resulted from failures in the air conditioning system. The Venezuelan twin-engine failure could have been either because of fuel contamination or maintenance malfunction (and is the second fatal flight this year by low-cost provider West Caribbean...

Author: By N. KATHY Lin, | Title: Catching the Jitter Fly | 9/12/2005 | See Source »

Here I was, invited to Necker Island, Richard Branson's island. Steve Ross flew the Warner jet to bring us Nathan's hot dogs. I mean, pal, I'm a kid from Baldwin [Long Island, N.Y.]. You know what I mean...

Author: /time Magazine | Title: Biz Briefs: Jake's Take | 9/11/2005 | See Source »

...ushered in the dawn of mass jet travel?and the country has many dilapidated airports to show for it. The good news is that passengers tired of dank, aging facilities can now look forward to more comfortable journeys, with the fruits of a late 1990s terminal-building boom finally being realized. A slew of ultra-modern facilities has been unveiled in ten American cities, including Seattle, Miami, Detroit, New York and Los Angeles. The latest and swankiest is Dallas-Fort Worth International Airport's $1.4 billion Terminal D: a sprawling, two million-square-foot structure that brings ?lan...

Author: /time Magazine | Title: Worth the Wait | 9/5/2005 | See Source »

...tube effect. No one is quite sure how the separation works, but feed the cold air into a container, he reasoned, and you would have an icemaker and a freezer, which would have zero operating costs and would be environmentally friendly, since it wouldn't require chemicals and the jet of air could be generated via a compressor powered by wind, water, man or animal...

Author: /time Magazine | Title: Figuring the Future: How to Make Ice Out of Thin Air: Cool Heat Transfer | 9/4/2005 | See Source »

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