时间:2018-12-15 作者:英语课 分类:历年考研英语阅读理解


英语课
[00:00.00]在线英语听力室(www.tingroom.com)友情制作
[00:03.89]2002 Text3
[00:07.33]Could the bad old days of economic
[00:09.54]decline be about to return?
[00:11.96]Since OPEC agreed to supply-cuts in March,
[00:15.39]the price of crude oil has jumped to almost $26 a barrel,
[00:20.03]up from less than $10 last December.
[00:23.67]This near-tripling of oil prices calls up scary memories
[00:27.90]of the 1973 oil shock,
[00:30.53]when prices quadrupled, and 1979-1980,
[00:34.65]when they also almost tripled.
[00:38.06]Both previous shocks resulted in double-digit inflation
[00:41.89]and global economic decline.
[00:44.41]So where are the headlines warning of gloom
[00:47.04]and doom 1 this time?
[00:49.55]The oil price was given another push up this week
[00:52.78]when Iraq suspended oil exports.
[00:55.60]Strengthening economic growth,
[00:57.62]at the same time as winter grips the northern hemisphere,
[01:01.25]could push the price higher still in the short term.
[01:05.29]Yet there are good reasons to expect
[01:06.97]the economic consequences now
[01:08.98]to be less severe than in the 1970s.
[01:12.31]In most countries the cost of crude oil now
[01:15.23]accounts for a smaller share of the price of petrol
[01:18.46]than it did in the 1970s.
[01:21.68]In Europe, taxes account for up to four-fifths
[01:25.08]of the retail 2 price,
[01:26.90]so even quite big changes in the price of crude
[01:29.92]have a more muted effect on pump prices
[01:32.64]than in the past.
[01:34.96]Rich economies are also less dependent on oil than they were,
[01:39.09]and so less sensitive to swings in the oil price.
[01:42.82]Energy conservation,
[01:44.54]a shift to other fuels and a decline in the importance of heavy,
[01:48.56]energy-intensive industries have reduced oil consumption.
[01:53.20]Software, consultancy and mobile telephones
[01:57.05]use far less oil than steel or car production.
[02:01.20]For each dollar of GDP (in constant prices) rich economies now
[02:07.05]use nearly 50% less oil than in 1973.
[02:11.69]The OECD estimates in its latest Economic Outlook that,
[02:17.12]it oil prices averaged $22 a barrel for a full year,
[02:21.76]compared with $13 in 1998,
[02:25.29]this would increase the oil import bill in rich economies
[02:29.02]by only 0.25%-0.5% of GDP.
[02:34.67]That is less than one-quarter of the income loss
[02:37.78]in 1974 or 1980.
[02:41.30]On the other hand, oil-importing emerging economies
[02:44.95]--to which heavy industry has shifted
[02:47.57]--have become more energy-intensive,
[02:50.09]and so could be more seriously squeezed.
[02:52.60]在线英语听力室(www.tingroom.com)友情制作
[02:53.91]One more reason not to lose sleep over the rise
[02:56.54]in oil prices is that,
[02:58.46]unlike the rises in the 1970s,
[03:01.09]it has not occurred against the background
[03:03.22]of general commodity-price inflation
[03:05.54]and global excess demand.
[03:08.28]A sizable portion of the world is only just emerging
[03:11.40]from economic decline.
[03:13.52]The Economist's commodity price index
[03:16.13]is broadly unchanging from a year ago.
[03:19.56]In 1973 commodity prices jumped by 70%,
[03:24.42]and in 1979 by almost 30%.


1 doom
n.厄运,劫数;v.注定,命定
  • The report on our economic situation is full of doom and gloom.这份关于我们经济状况的报告充满了令人绝望和沮丧的调子。
  • The dictator met his doom after ten years of rule.独裁者统治了十年终于完蛋了。
2 retail
v./n.零售;adv.以零售价格
  • In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
  • These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。
学英语单词
-propelled
alae cerebelli
antennal neuron
apex
arithmetic primary
ballistic fingerprintings
battery supply circuit
big-enchilada
billet rolling
bingstuff
biological fixation
blaze a way
Borrmann method
cantbailine
carved wooden screen
cast iron ram
celluloytic
chearing
chylific
codeword
cold war era
common color name
condensings
cumulative indexes
cystomatous chondroma
decrunch
Delivery options
disco-bar
dynamic indication
early maturing breed
electric revolution indicator
electrohypersensitivity
electroslag melting process
Euro fund
ferrite-rod memory
field inductance
fin-de-siecle
fitting in with
flywheel energy storage system
frequent-flier mile
fsn
Galbulin
generalized uniserial algebra
glennons
growth movement
heptachromia
horizontal wheel assembly
inbound pass
inhooped
ire (institute of radio engineers)
jacket pipe
Kobashigawa
laringoscopy
Laurbjerg
lean gas
Maddenia incisoserrata
marry me
microsurgery instruments set
milking stage
mirror-smooth
mold venting
Neill-Dingwall syndrome
net adjustment
nierembergias
Nimzowitsch
non-adhesives
non-linear programming
ochsner
one sided love
open system interconnection layer
Orawia
orders per second
petrels
photometric analyzer
point of increase
Pop up the history list
powder rubber
prescouring agent
primary sodium
punching device
qualify sb's claim
Red Bank
red mud
Reed City
restrained line
scientific imperialism
secessions
sectorial
seizuring load
short salvo
sixth-year molar
splitting principle
spondylo-
swellelegous
symmetric monocephalus
Taxillus parasiticus
terrazzoes
thermal transfer fax
uneven foxing laying
unstealthily
virtual terminal access method
wave memorizer