Word: oiling
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Since then, the U.S., which needs Venezuela's oil, and Venezuela, which needs the U.S. oil market, have been on the same page, much to the rest of the hemisphere's surprise. U.S. Secretary of State Hillary Clinton has brought Zelaya and Micheletti into talks mediated by Costa Rican President Oscar Arias in hopes of finding a peaceful way to let Zelaya, a close Chávez ally, serve out the last half-year of his term. The left-wing and usually anti-U.S. Chávez has encouraged President Obama's involvement and even his leadership in restoring...
...stark contrast to last summer, when oil prices soared past $140 per barrel, the economic slowdown has kept per-barrel prices relatively reasonable in 2009. But in his new book, $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better, Christopher Steiner argues the dip is temporary, and says gas prices will soon climb beyond $4 per gallon to heights previously unimaginable...
...Smoky 75-seat ekspress boats from Kuching spume up the Rajang (in 13 hours, spread over several legs and days), juddering past sawmills, plywood factories, rusty shipyards and timber barges heading downriver to the South China Sea. The alternative is a bumpy Land Rover ride from Bintulu, a coastal oil town three hours away, much of it on a rutted logging road past denuded ocher hills cleared to make way for palm-oil plantations. These have driven the area's economic boom, but also fuelled its cultural decline. (See pictures of Hong Kong...
...House Veterans Affairs Committee chairman Representative Bob Filner (D.-Calif.) continue to call for the U.S. to support the MEK and other "resistance" groups fighting the Tehran regime. And former House Speaker and GOP heavyweight Newt Gingrich on July 12 called for the U.S. to "sabotage" Iran's oil and gas industry "to create a gasoline-led crisis to try and replace the regime...
...Xinjiang, which makes up one-sixth of China's landmass but is home to less than 2% of its population, is an area of vast oil, mineral and agricultural wealth. Under a decade-old "develop the West" policy, the GDP of the region climbed from $20 billion in 2000 to $44.5 billion in 2006. Many Uighurs feel, however, that the boom has benefited majority Han Chinese, while they've been left out. "If you're Han, there are opportunities. But if you're from my group, there's nothing you can do," says a Uighur man in Urumqi who declined...