Word: oils
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Dates: during 2000-2009
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...oil-futures market is a zero-sum game. When you trade oil futures, all you're really doing is exchanging cash with other traders. You're all betting with each other on the price of oil ... except it turns out that your bets, in turn, determine the price. It's a bit of a catch-22, but that's the market...
...years since, society's fear of (and fascination with) sharks and terrorism has not abated. However, we've added a handful of other apocalyptic anxieties: mass extinction, proliferating nukes, global flooding, swine flu, bird flu, peak oil, economic collapse. The end of the world has long been the subject of a popular genre of TV, books and movies. Now, in the 21st century tradition of fear as entertainment, it has its own reality show. In Discovery's The Colony, 10 volunteers are barricaded in a warehouse, without running water or electricity, to simulate surviving after the end of civilization...
...industry argues that the Pebble Mine can be developed without "serious risk to the environment." Have we forgotten the devastating 1989 oil spill in Prince William Sound? Unless the industry can say "no risk," the mine should be shut down. Reynold Knopf, HOLLISTON, MASS...
MALABO, Equatorial Guinea — This city won’t soon find itself on a postcard or illuminating the pages of an exotic travel guide. In fact, for the capital of an oil-rich nation, Malabo’s lack of even the most basic development is startling...
...struggle to say the least—with only a few hours of functioning electricity and questionable water flowing each day. Though it is true that, like many other central African nations, Equatorial Guinea is struggling with infrastructure development, this country’s government has a wealth of oil-based profits flowing into its coffers that other such nations...