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...over instability in the Middle East have fueled higher oil prices, and those in turn have precipitated a new scramble for 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...

Author: /time Magazine | Title: Africa's Oil Dreams | 5/31/2007 | See Source »

Radio's got a problem. Although some 200 million people tune in each week to hear their favorite overcaffeinated DJ or catch those crucial rush-hour traffic updates, it's getting tougher to hold listeners' attention. Facing flat revenues and competition ranging from iPods to music phones, the 87-year-old industry is scrambling to reinvent itself. But not even satellite radio or the new HD format addresses this analog medium's fundamental flaw: it doesn't give people any say in which songs they hear. If you don't like a track or a DJ, your only option...

Author: /time Magazine | Title: Learning to Love Radio Again | 5/31/2007 | See Source »

...rise of fast fashion, which uses a speeded-up production cycle to rush designer-inspired clothes to moderately priced retailers like Zara and H&M, has breathed new life into secondhand stores like Buffalo Exchange by boosting their supply of barely worn apparel. "H&M is our bread and butter," says Stevenson, 27, as she flips through a carousel of blouses from H&M, American Apparel, Benetton and the Gap with prices ranging from $7.50 to $14 apiece...

Author: /time Magazine | Title: The New Trend of Used Clothes | 5/31/2007 | See Source »

...smart, but he was lazy. He probably could have been a straight-A student if he'd applied himself." With eight years in the Senate, his legislative record was thin. Says a former adviser: "While the Senate is filled with ambitious men who aren't in a rush to get home at night, Senator Thompson kept a lean formal schedule, did the bare minimum to get by and then hightailed [it] to the Prime Rib or the Capital Grille...

Author: /time Magazine | Title: A New Role for Fred Thompson | 5/24/2007 | See Source »

...neatly straddle the main anxiety running through the rest of the magazine—are we big girls or little girls? Do we want to grow up or do we want to go back to basics? Several articles express frustration at the adult world and warn college students against rushing in; the position here is pro-freedom, pro-Bueller, pro-“Dammit.” The main photo spread has the girls playing at a playground, one of them drinking from a juice box and another eating cookies. Between that and “Girls’ Night...

Author: By Leon Neyfakh, CRIMSON STAFF WRITER | Title: What's My Age Again? | 5/17/2007 | See Source »

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