What's on your mind?
General interest discussions, not necessarily related to depletion.
by ohanian » Thu 03 Mar 2005, 20:01:20
Good morning boys and girls.
Today in our linguistics class, we are going to look at understanding the language of Oilish. Oilish is a language very similar to English, it is the official language of the OPEC officials.
Here is a sample of a typical report in Oilish and the corrensponding English equivalent. Let's begin:
$this->bbcode_second_pass_quote('', 'O')il prices could hit 80 dollars in next two years: OPEC
English: Oil prices will hit 80 dollars in the next two years: OPEC
$this->bbcode_second_pass_quote('', 'K')UWAIT CITY (AFP) - Prices of crude oil could surge to as high as 80 dollars a barrel within the next two years but such a level would not last long, OPEC (news - web sites)'s acting secretary general was quoted as saying.
English:
KUWAIT CITY (AFP) - Prices of crude oil will surge to as high as 80 dollars a barrel within the next two years but such a level may not last long, OPEC (news - web sites)'s acting secretary general was quoted as saying.
$this->bbcode_second_pass_quote('', '&')quot;I can affirm that the price of a barrel of crude oil rising to 80 dollars in the near future is a weak possibility," Adnan Shehab-Eldin told Kuwait's Al-Qabas newspaper.
English:
"I can affirm that the price of a barrel of crude oil rising to 80 dollars in the near future is a pure certainty," Adnan Shehab-Eldin told Kuwait's Al-Qabas newspaper.
$this->bbcode_second_pass_quote('', '&')quot;But I cannot rule out (the possibility) of oil prices rising to 80 dollars a barrel within the next two years," he said on Thursday.
English:
"But I cannot officially declare (the certainty) of oil prices rising to 80 dollars a barrel within the next two years," he said on Thursday.
$this->bbcode_second_pass_quote('', '&')quot;If the oil price rises to this level for one reason or another -- for example, interruption of supplies from a producing nation by one to two million barrels a day -- it is not expected to continue for long," he said.
"When the oil price rises to this level for one excuse or another -- for example, interruption of supplies from a producing nation by one to two million barrels a day -- it is expected to continue for long long time," he said.
$this->bbcode_second_pass_quote('', 'S')hehab-Eldin said a price rise to between 50-60 dollars a barrel for a period of two years or more will inevitably boost investments to increase supplies and lead to a drop in demand, eventually reducing prices.