Word: pump
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Another strategy is to ambush the bacteria with an unlikely ally: viruses. Vincent Fischetti at Rockefeller University is enlisting the help of bacteriophages, viruses that infect only bacterial cells, leaving human ones alone. They hijack the bacterium's genetic machinery and within minutes start to pump out hundreds of copies of themselves. When enough progeny build up inside the cell, the phages produce an enzyme that chews through the cell wall, causing it to explode with the force of a popping champagne cork and spew out the viral intruders...
...energy - oil rigs worldwide now have to be rented a year in advance. There are several reasons why the Gulf of Guinea is a key focus of this rush. African oil is high quality, with a low sulfur content that requires little refining to get it to the pump. The Gulf is relatively close to the U.S., cutting shipping costs to the world's biggest oil consumer, and most of the reserves are out to sea - which means there's no need to construct pipelines through different nations to get the stuff to market. Equally important: unlike some other...
Today, though, prices at the pump in the U.S., adjusted for inflation, are approaching those record 1981 levels for the first time. The company now called ExxonMobil turned a profit of $39.5 billion last year (on sales of $365.4 billion), more than any other corporation ever. Yet it isn't making nearly the investment in finding new oil that...
...combination of high oil-company profits and high gasoline prices has led to much fulminating on Capitol Hill, mostly about refining bottlenecks that have brought near record prices at the pump. But the main reason gas prices are so much higher now than a decade ago is that crude has jumped from $10 per bbl. in 1999 to $64 today. And the fact that the world's biggest nongovernment oil company isn't going like gangbusters to find more of the stuff will have far more impact on future prices than the Federal Price Gouging Prevention Act approved...
...times greater than last week when the average gallon of regular gas hit $3.21. But to get at the question of what consumers think about gas prices and how they view the effect on the economy, you have to dig a little deeper. For example, how do soaring pump prices affect our vacation plans? Visits to U.S. travel sites are down only 2% when compared to the same time last year; visits to airline sites are down only 3% compared to last year at this time, explaining my "extremely full flight." Consumers' short-term economic outlook might be reflected...