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B.As for
C.But for
D.Just for
A.Except for
B.As for
C.But for
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A、drafting
B、revising
C、proofreading
D、paragraphing
A、challenge
B、challenging
C、change
D、challenged
Saudi Arabia, the oil industry's swing producer, has become its flip-flopper. In February, it persuaded OPEC to cut its total production quotas by lm barrels per day (bpd), to 23.5m, as a precaution against an oil-price crash this spring. That fear has since been replaced by its opposite. The price of West Texas crude hit $40 last week, its highest since the eve of the first Iraq war, prompting concerns that higher oil prices could sap the vigour of America's recovery and compound the frailty of Europe's. On Monday May 10th, Ali al-Naimi, Saudi Arabia's energy minister, called on OPEC to raise quotas, by at least 1.5m bpd, at its next meeting on June 3rd.
Thus far, the high oil price has been largely a consequence of good things, such as a strengthening world economy, rather than a cause of bad things, such as faster inflation or slower growth. China's burgeoning economy guzzled about 6m bpd in the first quarter of this year, 15% more than a year ago, according to Goldman Sachs. Demand was also strong in the rest of Asia, excluding Japan, growing by 5.2% to 8.1m bpd. As the year progresses, the seasonal rhythms of America's drivers will dictate prices, at least of the lighter, sweeter crudes. Americans take to the roads en masse in the summer, and speculators are driving up the oil price now in anticipation of peak demand in a few months' time.
Until recently, the rise in the dollar price of oil was offset outside America and China by the fall in the dollar itself. But the currency has regained some ground in recent weeks, and the oil price has continued to rise. Even so, talk of another oil price shock is premature. The price of oil, adjusted for inflation, is only half what it was in December 1979, and the United States now uses half as much energy per dollar of output as it did in the early 1970s. But if oil cannot shock the world economy quite as it used to, it can still give it "a good kick", warns Goldman Sachs. If average oil prices for the year come in 10% higher than it forecast, it reckons GDP growth in the Group of Seven (G7) rich nations will be reduced by 0.3%, or $70 billion.
The Americans are certainly taking the issue seriously. John Snow, their treasury secretary, called OPEC's February decision "regrettable", and the rise in prices since then "not helpful". Washington pays close heed to the man at the petrol pump, who has seen the average price of a gallon of unleaded petrol rise by 39 cents in the past year. And the Saudis, some mutter, pay close heed to Washington.
Besides, the high oil price may have filled Saudi coffers, but it has also affronted Saudi pride. Mr. al-Naimi thinks the high price is due to fears that supply might be disrupted in the future. These fears, he says, are "unwarranted". But the hulking machinery in the Arabian desert that keeps oil flowing round the world presents an inviting target to terrorists should they tire of bombing embassies and nightclubs. On May 1st, gunmen killed six people in a Saudi office of ABB Lummus Global, an American oil contractor. Such incidents add to the risk premium factored into the oil price, a premium that the Saudis take as a vote of no confidence in their kingdom and its ability to guarantee the supply of oil in the face of terrorist threats.
What does the author mean by "...has become its flip-flopper" (Para. 1)?
A.Saudi Arabia reversed its earlier decision.
B.Saudi Arabia objected to the rise of oil price.
C.Saudi Arabia was concerned about the world economy.
D.Saudi Arabia wished to reduce the oil production.
A.U.S. currency is exerting a positive influence over oil price
B.another oil-price shock is inevitable given its continuing rise
C.the rise of oil price could affect world economy negatively
D.Goldman Sachs remained optimistic about the situation
The islands were annexed by the US in 1898 and since then Hawaii's native peoples have fared worse than any of its other ethnic groups. They make up over 60 percent of the state's homeless, suffer higher levels of unemployment and their life span is five years less than the average Hawaiians. They are the only major US native group without some degree of autonomy.
But a sovereignty advisory committee set up by Hawaii's first native governor, John Waihee, has given the natives' cause a major boost by recommending that the Hawaiian natives decide by themselves whether to re-establish a sovereign Hawaiian nation.
However, the Hawaiian natives are not united in their demands. Some just want greater autonomy with the state—as enjoyed by many American Indian natives over matters such as education. This is a position supported by the Office of Hawaiian Affairs (OHA), a state agency set up in 1978 to represent to natives' interests and which has now become the moderate face of the native sovereignty movement. More ambitious in the Ka Lahui group, which declared itself a new nation in 1987 and wants full, official independence from the US.
But if Hawaiian natives are given greater autonomy, it is far from clear how many people this will apply to. The state authorities only count those people with more than 50 percent Hawaiian blood as native.
Native demands are not just based on political grievances, though. They also want their claim on 660,000 hectares of Hawaiian crown land to be accepted. It is on this issue that native groups are facing most opposition from the state authorities. In 1933, the state government paid the OHA US $136 million in back rent on the crown land and many officials say that by accepting this payment the agency has given up its claims to legally own the land. The OHA has vigorously disputed this.
Hawaii's native minority refers to______.
A.people of Filipino origin
B.the Ka Lahui group
C.people with 50% Hawaiian blood
D.Hawaii's ethnic groups
A.He suggested that the native people decide for themselves.
B.He is leading the local independence movement.
C.He is Hawaii's first native governor.
D.He has set up a sovereignty advisory committee.
A.He gains recognition for his achievements.
B.He attracts large numbers of students.
C.He risks his ideas being stolen.
D.He is considered slightly mad.
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