Santa Claus rally n.— «Stocks have lost ground since the Dow rose 19.6 percent from late November to the first part of 2009—a year-end advance often referred to as a Santa Claus rally.» —“Stocks tumble as oil falls on economic worries” by Sara...
ecoflation n.— «The findings are based on “future analysis” of how much certain commodities will go up, including oil, cereal, soy and palm oil, and how they will fare under certain environmental, governmental policy and climate situations. The...
petrodictator n.— «If oil were $50 a barrel, the $50 tax needed to achieve the price floor would go to America’s government for fuel energy programs, not to foreign “petrodictators,” as he calls them.» —“Say you want a green revolution? It can...
oil pulling n.— «The procedure called “oil pulling” may help for edema. It consists of rinsing the mouth with one tablespoon of natural oil for 15-20 minutes and then spitting the oil out. It is done in the morning before eating. Sesame or...
tight gas n.— «Shell has agreed to pay almost C$6bn ( £3bn) for a small Canadian gas company heavily involved in the production of difficult-to- exploit gas reserves. The price for Calgary-based Duvernay Oil, founded just seven years ago, surprised...
worm n.— «“Everyone thinks they’re going to go to college, but we’re all back in the oil fields doing what our dads did,” says one rookie, called a “worm” in roughneck parlance. “I was going to do big things and, well, here I am.”» —“Pumping up the...