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...contracted power back at a higher price than to use it themselves. (Which is exactly what aluminum makers in the Northwest are doing with their valuable electricity, much of which flows to California.) At a time when many fear the country is slipping into a recession, the natural-gas spike, according to Goldman Sachs, could cut economic growth...

Author: /time Magazine | Title: Power To The People | 1/15/2001 | See Source »

...sanctions. He warned that the planned 1.5 million-barrel cut proposed for next week could send prices soaring if Iraq failed to resume production at full quota - because the impact of Iraq's cutback has not yet been felt on the world market. Yamani warned that a sharp spike would work in Iraq's favor, since it would compel oil companies to pay a 40-cents-a-barrel surcharge imposed by Baghdad in violation of the sanctions regime...

Author: /time Magazine | Title: OPEC Contemplates the Oil-Price Tightrope | 1/12/2001 | See Source »

...fact, any deal Barak brings home with a Palestine "entity" in it may be spiked; Arafat, meanwhile, says if he comes back without Haram al Sharif, militant Muslims will spike him. Clinton knows even two signatures won't mean a thing until a lengthy separation and stabilization process is begun and ended (that'd be George W. Bush...

Author: /time Magazine | Title: Clinton's Last Mideast Shot? | 12/26/2000 | See Source »

...Morning Again? spell cast by Ronald Reagan inspired such counter-culture phenomenoms as Kurt Cobain and Spike...

Author: /time Magazine | Title: Comb Back, Big Hair — All Is Forgiven | 12/23/2000 | See Source »

Scare talk about oil prices will probably reach a peak this winter. Colder than usual temperatures are forecast for North America, and inventories of home heating oil and natural gas are at what the U.S. Energy Department calls "alarmingly low levels." That's the classic formula for a price spike that could quickly drive the cost of oil above $40 per bbl., a level that, if sustained for any significant length of time, could inflict considerable damage on the U.S. and global economies. O.K., that's the scare-your-pants-off scenario. At the moment, though, most experts are more...

Author: /time Magazine | Title: Are We Over A Barrel? | 12/18/2000 | See Source »

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