You had the Arab Spring, which shot up oil prices far higher than any of us anticipated.
WHITEHOUSE: Meeting of the President's Council on Jobs and Competitiveness | The White House
Following the Gulf oil spill last spring, the Obama administration imposed a moratorium on all new offshore drilling permits.
The tension and killings there spring from the economics of oil.
In America, then, the oil-price surge triggered by the Arab spring had been reversed by October 2011 and the benefits of cheaper oil seemed likely to help American consumer spending and investment by the turn of the year.
Their action started last spring and the price of crude oil has more than doubled since then.
At meetings in the spring, Jingbian officials told the local oil barons that Beijing had ordered them to put an end to the private drilling experiment, citing the 1999 directive that they had hitherto ignored.
ECONOMIST: In rural China, a private oil boom became a state-owned one
This year the oil and gasoline markets began their spring surges early.
Trade expanded in 2011 by 5.0%, a sharp decline from the 2010 rebound of 13.8%, and growth is expected to slow further still to 3.7% in 2012, due to a number of shocks, including the European sovereign debt crisis, oil disruptions, and the Arab spring.
FORBES: Globalization at Risk, What Does it Mean for Investors?
And he did lobby for oil companies but I think it was the spring when he joined up with the campaign.
Shortly after the Deepwater Horizon oil spill in the Gulf of Mexico in the Spring of 2010, Italian coastal communities and local politicians mounted an offensive on offshore drilling, fearing a similar event in the Mediterranean.
FORBES: Italy Looks For Relief With First New Energy Plan In 25 Years
With the oil price bouncing back up again, nearly a third since spring, and with global food prices showing alarming signs of a surge, the news from SSE's Perth headquarters will not be welcome among those wrestling with Britain's economic woes.
"Bad weather in spring prevented honey bees in many areas from collecting nectar from early flowering crops such as oil seed rape, and the rain continued in many places throughout June and July preventing honey bees from foraging on later crops, " he said.
He has interests in metal, oil and gas trading and a large property portfolio, as well as running Highland Spring.
Ditto the little plates at Mediterranean restaurants (a caprese salad consisting of mozzarella, tomatoes, and basil drizzled with olive oil can be 400 calories) and the small plates at Korean restaurants (fried spring rolls and coconut shrimp).
Elsewhere in our spring Investment Guide we offer the wisdom of Yale professor Robert Shiller on how to insulate yourself from oil-price unpleasantness ( Click here for more).
应用推荐