Word: oceanic
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...finding a lot of empty ocean today," said Lt. Cmdr. James Simpson, a Coast Guard spokesman...
...much of the U.S. and Europe, an all-out price war seemed to be getting under way. To boost their shares of the energy market, hard-pressed members of the Organization of Petroleum Exporting Countries and rival suppliers Britain, Norway and Mexico have been flooding the world with an ocean of oil. The battle reflects the aggressive new tactics of Saudi Arabia, the largest OPEC producer, which has doubled its output in recent months. "The Saudis shocked the market," said one U.S. oil expert. "It was like being hit over the head with a baseball...
...things the schools would do if they could afford it," says Paula Singer, a vice president at Reading Game. Public school people agree. "There's no way public schools can match the attention given to just three students at a time," says Joseph Condon, assistant superintendent of the Ocean View school district in Huntington Beach, Calif., where Reading Game has its headquarters. "I don't hesitate to refer parents to Reading Game...
...found were two cone-shaped objects described as "about 10 feet" in diameter. One had an attached parachute, indicating it came from one of the solid rocket boosters blown up. Each booster is 12 feet in diameter and contains four parachutes designed to lower the spent rockets to the ocean for retrieval...
...trouble," said Constantine Fliakos, who follows the oil industry for Merrill Lynch. "You can imagine what will happen when the real flooding of an already glutted market begins." A price war would be a risky, last-ditch change in strategy for OPEC, which has been floundering in an ocean of crude. For the past four years OPEC has tried to shore up prices by limiting the worldwide oversupply. The cartel squeezed its output from a peak of nearly 32 million bbls. per day in 1979 to just 18 million now. But such competitors as Britain and Mexico defeated that strategy...