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The expert predicted that America's gross domestic product will return to more than 3 percent yearly expansion. For example, Dow Chemical is investing $4 billion in Texas plastics production that will be operational by 2019. Such growth requires cheap oil and natural gas - and "by 2022 or so, the United States will surpass Saudi Arabia in oil output, and Russia in gas." He continued: "The big attraction is the low price of natural gas, the lowest-carbon fossil fuel, which can be produced profitably at about a third the price per unit of energy as other hydrocarbons. That is particularly attractive to chemical companies. It is the raw material for plastics, Styrofoam, tires, sealants, adhesives, films, liquid crystal screens, nylons, polyesters - nearly everything around us."
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An oil tanker, also known as a petroleum tanker, is a merchant ship designed for the bulk transport of oil. There are two basic types of oil tankers: the crude tanker and the product tanker. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move petrochemicals from refineries to points near consuming markets.
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Pragmatism is a philosophical tradition that began in the United States around 1870. Pragmatism is a rejection of the idea that the function of thought is to describe, represent, or mirror reality. Instead, pragmatists develop their philosophy around the idea that the function of thought is as a instrument or tool for prediction, action, and problem solving. Pragmatists contend that most philosophical topics - such as the nature of knowledge, language, concepts, meaning, belief, and science - are all best viewed in terms of their practical uses and successes rather than in terms of representative accuracy.
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A perennial stream or perennial river is a stream or river (channel) that has continuous flow in parts of its stream bed all year round during years of normal rainfall. "Perennial" streams are contrasted with "intermittent" streams which normally cease flowing for weeks or months each year, and with "ephemeral" channels that flow only for hours or days following rainfall.
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A rule change was enacted before the 1974 National Football League (NFL) season to add one sudden death overtime period (15 minutes) to all preseason and regular season games. If no team scored in this period, the game would result in a tie. This rule was enacted to decrease the number of tie games. The first ever regular season overtime, a September 22 game between the Pittsburgh Steelers and the Denver Broncos, ended in a 35-35 draw. It was not until November 10, when the New York Jets defeated the New York Giants, 26-20, that an overtime game would produce a winner.