Word: oil
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...mass transit, roads, bridges, et cetera, schools and housing and...broadband" as givens. "That is something that we all know that we have to do," Pelosi said. Ideally, such investments could be a two-fer - pouring money into programs that might ultimately help curb U.S. demand for foreign oil. "Many of those green-collar jobs," she added, "are also blue-collar jobs...
...mention their parents) don't eat them in sufficient amounts. Currently, most children get their vitamin D from fortified milk or orange juice; under the AAP's new guidelines, kids would have to drink at least four glasses a day. Vitamin D is also found in cod liver oil and fatty fish such as salmon or mackerel - not terribly popular with most youngsters. And while the best way to spur vitamin D production in the body is exposure to sunlight - typically about 10 or 15 minutes at a time a few times a week - it's not always the easiest...
There is a growing sense of urgency in Russia about all of this. Oil companies are posting declines in production as onshore oil and gas fields are getting depleted. Oil revenues account for 60% of Russia's budget, which has been calculated for 2009 on the basis of $70 per bbl. But if the price goes below that, the country's petroleum windfall may be drastically reduced, and the budget could go into deficit...
That is why the Arctic looks so enticing. Energy experts say the Arctic's continental shelf may contain up to a quarter of the world's undiscovered oil and natural gas. "The use of these energy reserves is a safeguard for Russia's energy security," Russian President Dmitri Medvedev said. "It is our duty to our descendants. We have to ensure the long-term national interests of Russia in the Arctic." Thus, the $5.4 billion - under terms more favorable than Moscow has extended to recapitalize one of its own major banks - seems a modest price to pay. Even if ordinary...
...Alaskan LNG plant is owned by Marathon Oil and ConocoPhillips, which asked the Department of Energy in 2007 for permission to export about 100 billion cubic feet of gas to Asia over two years from the roughly 300 billion cubic feet of gas that is likely to be produced. The overseas connection not only provides an outlet for fuel produced beyond the limited needs of Alaska, it is highly profitable - LNG prices in the Pacific rim can run twice as high as those...