Word: rising
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Dates: during 2000-2009
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...Even if U.S. Navy warships quickly stepped in to keep the waterway open, traders and tanker captains would be spooked, and the cost of transporting oil would rise sharply. "It is a scenario anyone who looks at security of supplies considers," says David Fyfe, head of the oil-markets division at the International Energy Agency in Paris, which represents oil-consuming industrialized countries. "It would affect up to 12 million bbl. of oil a day." (See highlights from a debate between Joe Biden and Sarah Palin...
...consumer panic. Drivers, who on average have one-third of their tank filled, could rush out to fill their tanks, effectively tripling the demand for gas. That alone would send oil prices soaring. So, too, would speculation by investors who predict a drop in supplies. "Prices will rise, and people will buy futures," says Drollas. "Traders will buy because they are worried about their supplies." All that could send market prices rocketing - and deepen the global recession. It remains to be seen whether the market remains calmed by Obama's reassurances this week that military action against Iran...
...Transformers 2 and Ice Age 3 "end" in a tie? Because after looking at the Friday and Saturday results, Fox execs predicted that Ice Age would earn $14,075,000, a 25% increase over yesterday, while the mentalists over at DreamWorks/Paramount said the Transformers 2 take would rise nearly 30%, to $13,872,000. That oddly precise number guaranteed that both movies would get on the evening news. Skeptics are forgiven for wondering whether the system for determining weekend grosses is numbers-crunching or a numbers racket...
...only one Marine has been killed and several have been wounded. (In eastern Afghanistan, a U.S. soldier appears to have been captured by the Taliban in an event unrelated to the Helmand operation.) Casualty figures will probably rise, however, because the Taliban, having declined to go toe-to-toe with the Marines and instead having melted into the civilian population, will probably resort to asymmetrical warfare tactics like using improvised explosive devices (IEDs). On Saturday, an IED strike killed two U.S. troops in eastern Afghanistan, while another on Thursday killed two British troops elsewhere in Helmand. Stationing Marines among...
...vote. That victory was predicted accurately, which might help explain why the challengers are now using these last days to launch attacks on the credibility of the upcoming polls. Few, however, expect it to work. "S.B.Y.'s popularity has gone up and down the past year along with the rise and fall of prices for fuel and basic goods," says Purboyo Yudha Sadewa, chief economist at Danareksa Research Institute. "Now prices are stable, and so are his numbers." Indeed, there have been missteps along the way during his past five years as President - such as being misled by certain advisors...