Word: lee
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Coping with $4 a gallon gasoline has drastically altered driving patterns, perhaps permanently. "We are seeing changes in habits," says Julian Lee, senior energy analyst with the Center for Global Energy Studies in London. "The sales of big gas-guzzling vehicles have collapsed. If we see that kind of change it becomes a much longer term issue with long-term demand destruction." In the short term, there's simple math. The average driver goes about 12,000 miles a year at 20 miles per gallon, says Ken Medlock, an Energy Fellow at the Baker Institute at Rice University in Houston...
...countries, which appear to have assumed that high prices were here to stay. Nigeria and Iran have both set their national budgets according to prices of about $80 a barrel, and Qatar's expectation has been $90 a barrel. "Producers very quickly got used to $100-plus prices," says Lee. "They thought of it as normal and justified. They seem to have very short memories...
...than the IMF called for. By the time the storm had passed, some of South Korea's biggest companies had disappeared. Mighty Daewoo, one of the Big Four chaebol, was dismembered and its founder prosecuted. But others used the crisis as a spur to tough action. Samsung Electronics boss Lee Kun Hee, his back to the wall, browbeat top executives into rethinking the company. A decade later, Samsung is a global powerhouse with design and technology sophistication that was impossible to imagine at the time. Hyundai Motors, too, endured the crucible and emerged stronger...
...testament to sleep deprivation than an indictment of Jack Kerouac).But had I been there, I would have asked the former Vice President to offer a solution to another pressing issue: the woeful state of the current Ivy League football standings. After all, Gore was roommates with Tommy Lee Jones ’69 at Harvard, and Jones was an All-Ivy offensive tackle for the Crimson’s 1968 undefeated team that “beat” Yale, 29-29.If you don’t follow my reasoning, you’re probably sane, so let?...
...just want to thank her for providing the framework for what I do,” said Lee, a Law School graduate who left private practice several years ago to work in the admissions office promoting racial diversity...