Word: petroleum
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...grow. My core bank holding is Bank of America. I also own Wachovia [2.9%]. Second would be electric utilities, where my bias is for quality over very high yield. I hold Dominion [4.8%] and Southern Co. [4.8%]. A third core industry would be oil. My preference is Royal Dutch Petroleum [3.5%]. Other core holdings, with a little more risk, are telecom and tobacco. I own SBC [4.5%] and Verizon [4.3%]. You have an interesting tension in terms of whether they get into the long-distance business or lose their local businesses. But there is a lot of yield there that...
...chemical weapons seems almost comical when Kim Jong Il's scientists have fired up a nuclear reactor, the primary purpose of which is to produce weapons-grade plutonium. American inaction in the face of North Korean threats amounts to throwing oil onto the fire. Or should I say putting petroleum before a burning issue...
...VASELINE PETROLEUM JELLY, which is all petrolatum, is still the best overall. If you find it too greasy, doctors suggest using it only at night and switching to lip balm...
...technology is boosting the attractiveness of green products ranging from clean fuel-cell engines to pillows stuffed with a synthetic fiber derived not from oil but from corn. Even as the White House and Congress show little movement away from the U.S. policy of cheap and subsidized coal and petroleum, smart U.S. companies--especially those that operate globally--are investing in new green technologies and in ways of making their old operations cleaner and more energy efficient...
...when disgruntled French farmers wanted to lash out at the forces of globalization, it was a McDonald’s that they chose to dismantle. Much more recently, a Saudi man entered a Riyadh McDonald’s and set fire to it, igniting it with a pail of petroleum. The alleged motive was to punish the restaurant for serving food during Ramadan. But it’s not hard to see the symbolic meaning in this act of terrorism, as Saudi oil mixed with American grease to burn down the temple to the patron saint of decadence...