Word: ultralow
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...main long-term danger to the U.S. is increased reliance on foreign oil. Many business leaders and politicians have taken note that ultralow oil prices are threatening to stunt domestic production. Gerald Greenwald, vice chairman of Chrysler, sees the peril of another oil shock. Says he: "We've been burned twice before, and we see the elements of No. 3 taking shape." ... The oil bust has spoiled the economics of alternative energy as well. Many of the ballyhooed 1970s-era programs to extract petroleum from oil shale and tar sands have been mothballed because they cost too much to operate...
Until the government decides to fund a long-term dietary study and until the work is completed, the value of an ultralow-fat diet in preventing breast cancer will remain open to question. For women 40 or older, however, there is one bit of medical counsel that has almost unanimous approval: Get a mammogram. Now. And do it regularly...
...conclusions, Witten had inadvertently provided Ostriker with the agent he needed to produce the giant voids. "When I first saw Ed's paper, in 1985," Ostriker says, "it blew my mind." Reason: a vibrating, current- carrying loop is a radio transmitter, and if the current is large enough, the ultralow-frequency radio waves it emits will be incredibly powerful -- strong enough to push surrounding gases and dust incredible distances away from the loop. With Witten and Graduate Student Chris Thompson, Ostriker went to work calculating the effects of the waves. "Again and again," he says, "we thought we had found...
...main long-term danger to the U.S. is increased reliance on foreign oil. Many business leaders and politicians have taken note that ultralow oil prices are threatening to stunt domestic production. Gerald Greenwald, vice chairman of Chrysler, sees the peril of another oil shock. Says he: "We've been burned twice before, and we see the elements of No. 3 taking shape...
...hate comes from a sense of injury as brokers contrast the current blah market with stocks in the Soaring Sixties. Then issues selling at 50, 60 and even 100 times earnings were not uncommon. Now many are going for ultralow prices of six, seven or eight times earnings. Bernstein, writing in November's Institutional Investor, a trade magazine, goes on to say that the experience of investors during the past decade "has probably been the worst in this century -and perhaps the worst in stock market history." Worse than the 1930s? Yes, says Bernstein, when inflation is cranked...