Word: oiled
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...Nuxe Huile Prodigieuse A dry oil that can be used on the face or body to create a lush, velvety look or on the hair for a supple, glossy finish...
...Finland all imposed similar levies as early as the 1990s, but France - should its lawmakers approve the plan - will become the biggest country yet to try taxes to slow global warming. Initially set at $25 per ton of emitted carbon dioxide (CO2), the tax on the use of oil, natural gas and coal would nudge up the cost of a liter of petrol by $0.06 ($0.23 a gallon), Sarkozy said, and diesel by a little more, helping generate roughly $4.4 billion in annual revenues. A pledge to return that money to taxpayers through various new rebates has so far failed...
...recession is over, but who can be sure of that?" says Edward Chow, senior fellow in the Energy and National Security Program at the Center for Strategic and International Studies in Washington. "The global economy is on a sugar high because of the stimulus spending." If the recession lags, oil prices could plummet again, discouraging oil companies from investing in exploration and new drilling and discouraging governments from introducing new alternative-energy programs. (See 10 next-generation green technologies...
...Speculators OPEC leaders have repeatedly called for limits on speculation in oil-futures markets, in which investors bet on which way oil prices will go. Oil officials blame speculators for volatile prices, and some financial analysts agree. "It is market psychology which is propping up prices," Morse says. If investors believe that the recession is near an end and that demand will soar, they could pour money into oil futures and drive up world prices. The Commodity Futures Trading Commission in Washington is weighing new rules that would limit how much money a hedge fund or investor can trade...
...ticket IPOs like those of Adani Power and National Hydro Electric Power Corp. falling below their launch prices last week, and smaller entrants like Excel Infoways and Mahindra Holidays and Resorts continuing to trade below listing prices, retail investors are turning wary. The latest IPO, that of state-run Oil India which closed Sept. 10, saw a relatively muted retail response, say investment bankers, with most of the interest coming from institutional buyers. "We've invested very selectively in the companies that have come to markets post elections," says Sukumar Rajah, chief investment officer at Franklin Templeton Mutual Fund. "There...