Word: petroleum
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Dates: during 2000-2009
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...High petroleum prices might hit your wallet hard, but $100-a-barrel oil has some environmentalists quietly celebrating. The more expensive oil gets, the more attractive alternative - and climate-friendly - fuels become. Biofuels that would be buried by $17-a-barrel crude - the price as recently as November 2001 - are suddenly competitive when oil is in the triple digits. Ultra-efficient cars, public transit, plug-in hybrids - they all become better investments as oil gets and stays expensive. Global greenhouse gas emissions have skyrocketed over the past few decades on the back of relatively cheap oil, but as the price...
...weekend they released new findings in line with the Interior Ministry's claim that the official cause of death was head wounds sustained when Bhutto fell. The reversal has many people suspecting government interference. Says Chaudhry Nisar Ali Khan, an opposition member of the National Assembly and a former petroleum minister: "The government says it was the work of terrorists and they say someone has claimed responsibility. What I don't understand is why they keep changing the story of how Bhutto died? Why do that? These summersaults make everything look suspicious...
...recommendations in PCAP are radical, but not new: cut petroleum use in half by 2020, achieve average fuel economy of 50 mpg, shift the federal government to carbon neutrality. But what makes PCAP particularly impressive is the way it turns the question of climate change away from saving the planet, and toward saving the country. Global warming is too important to be left to the environmentalists - it's a national security issue, an economic issue, even a moral issue. That's the kind of language that can appeal not only to traditional greens but to Republicans, and make climate change...
...nears a once unthinkable $100 a bbl., Chávez can afford to delay costly drilling and refining expansions like Paraguaná's and spend that money on socialist programs and other political pursuits. In a bravado performance at a Nov. 18 meeting of the Organization of Petroleum Exporting Countries (OPEC), Chávez and his new best friend, Iranian President Mahmoud Ahmadinejad, mocked the U.S. and blamed the weak dollar, not Venezuelan production capacity, for the high price of oil. "The fall of the dollar is not the fall of the dollar," Chávez crowed. "It's the fall of the American...
...unconventional deposits. The problem is that most of this oil is hard to extract and even harder to refine, and it isn't likely to account for a significant share of global production anytime soon. Almost everybody agrees that the pumping of conventionally sourced oil outside the Organization of Petroleum Exporting Countries (OPEC) has already peaked or will peak soon, a reality that even discoveries like the recent 8 billion-bbl. find off the coast of Brazil can't alter because production from so many existing fields is declining...