Balluta Bay is a bay on the northeast coast of Malta within St. Julian's. It is a popular recreation spot used for swimming, diving, and water sports, with a triangular pjazza surrounded by cafes and shaded by Judas trees.

Its skyline is dominated by the neo-gothic Carmelite Parish Church and the stunning art nouveau Balluta Buildings, which are apartment buildings on the eastern shore, as well as a cluster of terraced townhouses in the local variant of Georgian-style architecture. The south shore of Balluta Bay features Le Meridien St. Julian's Hotel, built on the grounds surrounding the 18th century Villa Cassar Torregiani.

"Give me your tired, your poor, your huddled masses yearning to breathe free, the wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed, to me. I lift my lamp beside the golden door." - Emma Lazarus, inscription for the Statue of Liberty

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."

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.

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.