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What scientists like Lindberg know now is that the legacy of the Exxon Valdez is still visible - physically, on the beaches of Prince William Sound and in the animal populations in these sensitive waters that have yet to rebound fully. Using funds from the original spill settlement between Exxon and the state of Alaska, scientists from NOAA have carried out major studies that show oil still remains just beneath the surface in many parts of the Sound - close enough for animals to be affected by it. "The oil may not leak out in quantities that are immediately visible, but that...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

...hockey team, which returned 21 players from a squad that made it all the way to the Frozen Four in 2008, the pressure of those high expectations proved to be just a little too much.The Crimson’s up-and-down season, which saw the team rebound from a sub-.500 start to take the ECAC regular-season title, came to a heartbreaking end in the ECAC tournament.Top-seeded Harvard’s semifinal draw was sixth-seeded RPI, a team that had never beaten the Crimson and was playing in its first-ever championship weekend. And though Harvard...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: SEASON RECAP: Title Season Ends in Heartache | 5/30/2009 | See Source »

...Despite such dangers, investors and oil producers are betting that global demand will roar back, apparently hoping that the recession has already hit bottom. Over the past two months, investors have plowed billions of dollars into oil futures. If the U.S. and other major industrial economies rebound, oil supplies could be depleted because the recession has prompted producer nations to freeze hundreds of projects to open new oil wells or upgrade existing ones. In the oil-rich Niger Delta, a major Nigerian government offensive against rebels has seriously disrupted production for several weeks. Venezuela's Oil Minister Rafael Ramirez said...

Author: /time Magazine | Title: Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? | 5/29/2009 | See Source »

...stock market and are wondering, What do I do with my house and my mortgage? How do I send my kids to school? How do budget principles work? It's basically what would be confronting the average person in the country. (Read "How to Invest for an Economic Rebound...

Author: /time Magazine | Title: Pat Robertson, Financial Adviser | 5/27/2009 | See Source »

...months and counting, this recession looks more and more U-like--one in which a rebound takes time. That's the picture Roubini is painting. He says no amount of government stimulus can make us shoppers again--we have too much debt. When paychecks resume or start to grow again, lenders will get that cash, not retailers. Consumer spending made up as much as 70% of the economy before the bust. With less shopping, Roubini says, there is little chance for a quick rebound. "If we do everything right, we can avoid an L-shaped near depression, which...

Author: /time Magazine | Title: How to Invest for an Economic Rebound | 5/18/2009 | See Source »

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