Word: oiling
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...This doesn't mean the end of oil. I don't believe it. On the contrary, I think this is going to preserve oil for chemical industries and other industries where you cannot substitute [anything else]. But when you see that you can drive an electric car and it is as pleasant as a normal car, what are you going to use oil...
...additional beachfront property to a desert city-state whose natural coastline is a mere 37 miles (60 km). The $20 million extravaganza aims to nail down Dubai's reputation for luxurious excess - an ambition that seems almost anachronistic now that ill winds from Wall Street and the collapse in oil prices are buffeting the entire region...
...That outlook looks less rosy, of course, since the global economic crash and collapse of the region's oil revenues. Although tourism and property developers are still planning massive new projects, there are signs of a shakeout in Dubai's boomtown housing values, with some analysts expecting up to a 20% decline in the next three years. The combined debt of Dubai's government and public-sector companies has escalated to the point where some analysts say the city-state Dubai might one day need a bailout from its super-rich sister emirate Abu Dhabi, which has more than...
...need to improve the industry in the long run. However, Congress should not simply hand over a loan without ensuring that it will be used responsibly. With the auto industry in such a weak bargaining position, Congress has a unique opportunity to push forward its goal of decreasing American oil consumption. Tying the loan to higher fuel standards will help decrease national fuel consumption and dependence on foreign oil. In addition, forcing the auto companies to make more fuel-efficient cars will help them compete in the long-term against foreign automakers that are currently selling hybrid cars, which...
...minority party at least in the last 100 years in terms of what we were able to accomplish, whether it was in terms of stopping spending, the expansion of government-run health insurance, the big win that we had on lifting the ban on offshore drilling and drilling for oil and gas in the intermountain West. We had some great successes, most of which got overshadowed by the economic crisis five weeks before the election...