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...concern - how deeply the nationalization trend affects the quantity of oil that not only Venezuela but other countries can export, and hence the price we pay for it. The lack of new investment in Mexico's oil fields, for example, has led to some of that nation's steepest production drops ever. The drilling ventures Chavez expropriated today involve tar-like heavy crude in Venezuela's Orinoco belt - perhaps enough to add some 300 billion barrels to the country's reserves, which would move it ahead of Saudi Arabia. But to make that heavy oil refinable requires billions of dollars...

Author: /time Magazine | Title: Chavez's Not-So-Radical Oil Move | 5/1/2007 | See Source »

...challenge of stroking the varsity eight, she anticipates that her teammates will be similarly driven, as new members to the varsity squad this year are in search of the national championship that slipped away from Kharrazi and Radcliffe a season ago.“These previous novices have the steepest learning curves,” Kharrazi says. “So we expect them to maybe make the eight in the future—a huge step.”With such a deep squad, the crew is aiming high once again this season. Just two seasons ago, Radcliffe...

Author: By Courtney D. Skinner, CONTRIBUTING WRITER | Title: HEAD OF THE CHARLES '06: New Kid On The Block | 10/20/2006 | See Source »

...Kennedy School of Government at Harvard. Borjas calculates that all immigration, by increasing the labor supply from 1980 to 2000, "reduced the average annual earnings of native-born men by an estimated $1,700, or roughly 4%." Borjas says African Americans and native-born Hispanics pay the steepest price because they are more often in direct competition with immigrants for jobs...

Author: /time Magazine | Title: Illegal Aliens: Who Left the Door Open? | 3/30/2006 | See Source »

...hardly known for glacial temperatures, is cashing in on China's ski boom. The city is home to Asia's largest indoor ski dome, Yinqixing (Seven Silver Stars). With a slope that's just 380 m long, the $36 million facility isn't designed for serious ski bums. The steepest section of the hill is only 17 degrees, the snow feels more like Sno-Cone crystals than real powder and there are no lifts?just an escalator that takes skiers partway up the slope. Still, a Yinqixing spokesman says the facility has recorded 500,000 visits since opening...

Author: /time Magazine | Title: Powder to the People | 3/13/2006 | See Source »

...hardly known for glacial temperatures, is cashing in on China's ski boom. The city is home to Asia's largest indoor ski dome, Yinqixing (Seven Silver Stars). With a slope that's just 380 m long, the $36 million facility isn't designed for serious ski bums. The steepest section of the hill is only 17 degrees, the snow feels more like Sno-Cone crystals than real powder and there are no lifts-just an escalator that takes skiers partway up the slope. Still, a Yinqixing spokesman says the facility has recorded 500,000 visits since opening...

Author: /time Magazine | Title: Powder to the People | 3/12/2006 | See Source »

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