Word: pinon
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Dates: during 2000-2009
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...because reduced oil revenues could also make friends like left-wing Venezuelan President Hugo Chávez less able to aid Cuba with cut-rate crude shipments and capital to improve the island's aged refineries. "The Cuba numbers from my point of view are not valid," says Jorge Pinon, an energy fellow at the University of Miami and an expert on Cuba's oil business. "I think they're feeling a lot of pressure right now to accelerate the development of their own oil resources." Benjamin-Alvarado gives Cuba's geologists more benefit of the doubt; but he calls...
Cuba now produces about 60,000 barrels of oil per day (BPD) and consumes more than 150,000 BPD. (It also produces natural gas.) Venezuela makes up the difference by shipping almost 100,000 BPD to Cuba. The University of Miami's Pinon says the more serious issue is refining capacity: even if Cuba has only the low estimate of 5 billion bbl. - which could yield more than 300,000 BPD - it needs Venezuela's investment to upgrade refineries like the Soviet-built plant at Cienfuegos. But plummeting crude prices mean that Chávez may have a lot less...
...PINON MOUSE This tiny resident of the southwestern U.S. has long eked out its living in juniper woodlands, but in California it is heading for higher, cooler altitudes in the High Sierra conifer forests. The mouse is one of several small mammals in the region that have moved their homes 1,000 to 3,000 ft. higher in elevation over the past century...