The “burning platform” is a trendy phrase in business at the moment, used for a crisis that demands immediate action. It refers to a guy on an oil rig that caught fire, and he had the choice of staying on the rig and facing certain...
see-through building n.— «In Houston, where the oil bust of the mid-1980s led to see-through buildings devoid of tenants, brokers are wary of space proliferating in the “energy corridor,” running along Interstate 10 from...
jobber n.—Gloss: A wholesaler. «Within the next few years, the trio hopes to sign up 90 oil distributors (also known as jobbers) to form a group of as many as 2,000 C-stores east of the Mississippi selling private-branded Liberty gasoline...
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...
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...
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...