History, 21.08.2019 18:30 adjjones2011
Document 9
we’re getting a painful lesson in economic geography. what wall street is to money, or
hollywood is to entertainment, the gulf coast is to energy. it’s a vast assemblage of refineries,
production platforms, storage tanks and pipelines—and the petroleum engineers, energy
consultants and roustabouts [oil field workers] who make them run. consider the concentration
of energy activity. oil production in the gulf of mexico accounts for nearly 30 percent of the u. s.
total. natural-gas production is roughly 20 percent. about 60 percent of the nation’s oil imports
arrive at gulf ports. nearly half of all u. s. oil refineries are there. [hurricane] katrina hit this
immense system hard. the shock wave to the u. s. and world economies—which could vary from
a temporary run-up in prices to a full-blown global recession—depends on how quickly
america’s energy-industrial complex repairs itself. .
source: robert j. samuelson, “hitting the economy,” newsweek, september 12, 2005
according to robert j. samuelson, what is one reason the gulf coast is important to the economy of the
united states?
Answers: 1
History, 22.06.2019 02:10, alicia432
Match the following events to the effects they produced. fall of constantinople italian wars hundred years’ war paved the way for the entry of renaissance ideas of peace and renewal arrowright caused an influx of classical greek and roman knowledge and texts into europe arrowright led to the introduction of renaissance thought and ideas to france arrowright
Answers: 3
History, 22.06.2019 07:30, markjiron2880
Explain the importance of carnegie, morgan, and rockefeller on the american political scene of the early 1900's.
Answers: 1
History, 22.06.2019 08:00, hrijaymadathil
Where did the first african american fighter pilots begin training?
Answers: 1
Document 9
we’re getting a painful lesson in economic geography. what wall street is to money,...
we’re getting a painful lesson in economic geography. what wall street is to money,...
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