Word: oil
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...billion Barrels of oil the U.S. uses each year...
...matter how loudly Branson trumpets biofuel, every plane in the sky runs on the same stuff. The price of jet fuel has risen 69% in the past year, and Virgin's executives, like their rivals, lie under its sword. "Other than the recession and $110-a-barrel oil, I see nothing but opportunity," CEO Cush deadpans. He can't cost-cut his way out; the limits of that strategy are obvious. The big carriers have taken $15 billion in costs out since 2001 but are paying $17 billion more for fuel...
...OIL RESERVES 4.3 billion Estimated number of barrels of oil in North Dakota and Montana that could be retrieved using current technology, according to a new study by the U.S. Geological Survey. The amount is 25 times as big as the USGS's original estimate...
...Four years ago, posing as Utah businessmen, David Allred and a small group of companions said they had come to Eldorado to build a hunting and game preserve in what was once the Red Cheek Ranch. That wasn't surprising. While most people in Schleicher County work in the oil field support business, some ranch or farm, and others have turned to eco-tourism offering mountain bike trails, wildlife tours and stargazing parties. Soon, enough, however, the community discovered Allred's real plans...
...reveres Fidel for his socialist purity and anti-U.S. ferocity. The relationship between Raul and Chavez is cordial at best; and Chavistas make no secret of their displeasure with Raul's quasi-capitalist bent. But Raul can't afford to alienate Chavez, who controls the hemisphere's largest oil reserves - and who each day sends 100,000 barrels of cut-rate crude to Cuba that has helped keep the island's economy afloat this decade...