首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
An extreme cold spell might be unwelcome to much of the Northern Hemisphere, but it is warmly welcomed by one group — the oil ex
An extreme cold spell might be unwelcome to much of the Northern Hemisphere, but it is warmly welcomed by one group — the oil ex
admin
2010-11-29
36
问题
An extreme cold
spell
might be unwelcome to much of the Northern Hemisphere, but it is warmly welcomed by one group — the oil exporters. They have enjoyed a steady rise in the price of a barrel of crude and their satisfaction at the state of affairs is evidenced by the lack of any comment from Opec nations in recent weeks.
Demand for heating oil, a lead indicator from December to February, is high in Europe, in America’s eastern states and in China. In response to the cold weather, Brent Crude futures have risen by $10 per barrel since the middle of December, to $81 per barrel.
The oil futures market is in sharp contango — a term used to describe a market where oil is more expensive for delivery at future dates. In other words, market players are betting that the price will rise.
Expectations of economic recovery are an explanation for the rising price contango, but some analysts worry that the underlying market fundamentals are not that bullish for oil. The Centre for Global Energy Studies (CGES) points to the huge stocks of oil, as much as 100 millon barrels, put in storage when demand collapsed at the end of 2008. The CGES reckons that such a harsh winter warrants a much higher oil price. Because underlying demand is weak in a slow economic recovery, the price response has been weak.
The oil price collapsed a year ago to $36 per barrel, a level at which most Opec nations were facing hardship as the economic rent from exporting crude fell below budgeted government expenditure.
For green energy technologies, such as biofuels made from plant waste, high prices are critical. In the absence of punishing carbon taxes or a very high carbon price in Europe’s emissions trading system, investors in green technology need an oil price signal that compels the switch to alternatives. The signal was very loud in July 2008, when Brent reached $147 per barrel, but it was also unsustainable as the soaring price of oil was destroying demand and undermining economic growth.
World demand for oil is still very weak. It fell throughout 2008 and began to recover only in the third quarter of last year. Global demand is 1.8 million barrels a day below its level two years ago. Opec is more or less maintaining its cartel discipline in the face of rising prices, but non-Opec producers are raising their output, adding 570,000 daily barrels to the market last year.
Which of the following is NOT true according to the passage?
选项
A、Opec did not increase its production of crude.
B、Opec is satisfied with the crude price.
C、Green energy technologies are expensive.
D、The price of oil in 2008 was not stable.
答案
A
解析
细节题。使用排除法,对第一题的作答已经说明Opec成员国对原油价格是满意的,所以B符合原文,不选。从上一题已经可以看出C选项是符合原文主旨的。根据2008关键词找到文中对应段落,发现当年的原油价格以下跌为主,但是第三季度开始又上涨,很不稳定,符合原文。根据“but non-Opec producers are raising their output”非Opec国家提高了原油的产量,转折词引出对比关系,说明Opec国家的做法并非如此(或多或少地保持现状,没有提高产量),所以A选项不符合原文。
转载请注明原文地址:https://jikaoti.com/ti/DzqMFFFM
0
专业英语四级
相关试题推荐
Withtherapidspreadoftheinterneteverywhereintheworld,andthe【C1】______numberofusers,oneofthemostexcitingdevel
Howmanyoldpeoplehavebeenexaminedfortheresearch?
Therewerecomparatively______peopleattheexhibition.
Thepolicehaveofferedalarge______forinformationleadingtotherobber’sarrest.
AfterMarkFeltrevealedhimselftobeDeepThroat,thebreakingnews______allovertheglobeinasecond.
Thescienceofmedicine,______progresshasbeenveryrapidlately,isperhapsthemostimportantofallthesciences.
GuidelinesforGraduateStudentFinancialSupport1)TheDepartmentintendsthatfull-timegraduatestudentsingoodstandingha
Theyear1400openedwithmorepeacefulnessthanusualinEngland.Onlyafewmonthsbefore,RichardII,weak,wicked,andtreac
Pricesreachequilibriumatthelevelatwhichquantitydemanded______quantitysupplied.
Heisasolemnperson______temperamentsoit’sextremelyhardtomakehimsmile,letalone______.
随机试题
关于法律规则,下列表述中正确的是哪项?()
“十一五”时期的文化产业发展规划中,指导文化发展的一项重要原则是()。
在()计量下,资产和负债按照在公平交易中,熟悉情况的交易双方自愿进行资产交换或者债务清偿的金额计量。
随着经济的快速发展和市场竞争的越来越激烈,为了适应快速、多变的市场需求,取得尽可能大的竞争优势,生产商以其优势的产品或品牌为依托,通过信息网络和快速运输系统,将供应商、经销商、顾客,以及若干规模各异、拥有专长的小型企业或车间连接起来,共同地、及时地开发、生
()是指经济法律关系中享有权利和承担义务的当事人或参加者。
不管是官员,还是社会大众,都是普通人,都有七情六欲,在感情上有自己的圈子,________。但这种圈子不应该是超乎法律法规,不应该影响社会正常的秩序,不应该对外部秩序产生攻击性,不应该以侵夺他人权益为目的。填入画横线部分最恰当的一项是(
下列描述中,属于冯.诺依曼体系结构的特点是()。①采用流水线技术;②指令和数据均以二进制表示;③存储程序并且存储时不区别数据和指令。
有100个受访者被问及:你是否支持在电视节目中穿插播放女性内衣广告?其中,31%表示无例外地反对;24%表示无例外地支持;38%只支持在娱乐、时尚频道播放,反对在其他频道,特别是少儿、教育频道播放;7%表示不反对也不支持。这100个受访者都是成年人,是采访
设则必有().
There______myteacherandmyclassmates.
最新回复
(
0
)