时间:2019-02-03 作者:英语课 分类:2006年VOA标准英语(六月)


英语课

By Deborah Tate
Capitol Hill
07 June 2006


Former Federal Reserve Chairman Alan Greenspan testifies on Capitol Hill, Wednesday, June 7, 2006 before the Senate Foreign Relations committee hearing on the economics of oil   
  
The former chairman of the U.S. Federal Reserve, Alan Greenspan, says the global economy has been able to absorb sharp increases in oil prices.  But in an appearance on Capitol Hill Wednesday, he said high energy costs are beginning to have an impact on economic growth. 

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Alan Greenspan told the Senate Foreign Relations Committee that the U.S. and other world economies are beginning to soften 1 in the wake of spiraling oil prices, although he said the impact does not appear to be serious.

He said the global economy and the United States in particular have long been able to absorb sharp increases in the price of oil.

"The U.S. economy has been able to absorb the huge impact of rising oil prices with little consequence to date because it has become far more flexible over the past three decades, owing to deregulation and globalization," Greenspan said.

But he warned against any price or import restrictions 2:

"Growing protectionism would undermine that flexibility 3 and make our nation increasingly vulnerable to the vagaries 4 of the oil market," Greenspan said.

Greenspan said high oil prices - topping $70 a barrel - are the result of a sharp decline in spare global oil production capacity and refinery 5 shortages.  He said the high cost of oil should prompt the United States to more seriously consider the development of alternative fuels.  

He said ethanol could become a key alternative to gasoline, although only for the short-term, as the source of ethanol - corn - is limited in supply.  A better idea, he suggested, is cellulosic ethanol, made from wood chips and similar materials:

"Cellulosic ethanol - should it fulfill 6 its promise -- would help to wean us of our petroleum 7 dependence 8, as could clean coal and nuclear power," Greenspan said.

Greenspan said the United States must decrease the demand for foreign oil if it is to achieve energy security.

"From a national security point of view, we will not be disassociated from petroleum, but problem that is easy to be concerned about - namely all this huge amount of cash going to countries who are not friends of ours - is a very serious issue," Greenspan said.

He also commented on China, where demand for cars is increasing rapidly, and fuel efficiency is not a high priority.

"Their oil efficiency is half of ours;  namely, that the ratio of oil consumption to GDP is twice that of the United States, and there is a great deal of inefficiency 9 and obviously because their basic desire is essentially 10 to move as fast as they can in the manufacturing area, the issue of fuel efficiency is not of the highest priority, even though they are aware of it, and obviously increasingly aware of environmental problems that affect them," Greenspan said.

It was Greenspan's first appearance on Capitol Hill since retiring as head of the Federal Reserve in January



v.(使)变柔软;(使)变柔和
  • Plastics will soften when exposed to heat.塑料适当加热就可以软化。
  • This special cream will help to soften up our skin.这种特殊的护肤霜有助于使皮肤变得柔软。
约束( restriction的名词复数 ); 管制; 制约因素; 带限制性的条件(或规则)
  • I found the restrictions irksome. 我对那些限制感到很烦。
  • a snaggle of restrictions 杂乱无章的种种限制
n.柔韧性,弹性,(光的)折射性,灵活性
  • Her great strength lies in her flexibility.她的优势在于她灵活变通。
  • The flexibility of a man's muscles will lessen as he becomes old.人老了肌肉的柔韧性将降低。
n.奇想( vagary的名词复数 );异想天开;异常行为;难以预测的情况
  • The vagaries of fortune are indeed curious.\" 命运的变化莫测真是不可思议。” 来自英汉文学 - 嘉莉妹妹
  • The vagaries of inclement weather conditions are avoided to a certain extent. 可以在一定程度上避免变化莫测的恶劣气候影响。 来自辞典例句
n.精炼厂,提炼厂
  • They built a sugar refinery.他们建起了一座榨糖厂。
  • The purpose of oil refinery is to refine crude petroleum.炼油厂的主要工作是提炼原油。
vt.履行,实现,完成;满足,使满意
  • If you make a promise you should fulfill it.如果你许诺了,你就要履行你的诺言。
  • This company should be able to fulfill our requirements.这家公司应该能够满足我们的要求。
n.原油,石油
  • The Government of Iran advanced the price of petroleum last week.上星期伊朗政府提高了石油价格。
  • The purpose of oil refinery is to refine crude petroleum.炼油厂的主要工作是提炼原油。
n.依靠,依赖;信任,信赖;隶属
  • Doctors keep trying to break her dependence of the drug.医生们尽力使她戒除毒瘾。
  • He was freed from financial dependence on his parents.他在经济上摆脱了对父母的依赖。
n.无效率,无能;无效率事例
  • Conflict between management and workers makes for inefficiency in the workplace. 资方与工人之间的冲突使得工厂生产效率很低。 来自《简明英汉词典》
  • This type of inefficiency arises because workers and management are ill-equipped. 出现此种低效率是因为工人与管理层都能力不足。 来自《简明英汉词典》
adv.本质上,实质上,基本上
  • Really great men are essentially modest.真正的伟人大都很谦虚。
  • She is an essentially selfish person.她本质上是个自私自利的人。
学英语单词
a pair of colours
adjoining sheets
amnemonic aphasia
anisothermal diagram
annular crucible
arundells
astun
australis surora
balance oscillator
blanket washing machine
branchiostegal ray
brevipetala
capelongo (folgares)
Cassia nodosa
clathrinid
clithon oualaniensis
cnc milling machine
cocoa tree
colloquial speech
component test facility
compression vacuum gauge
conioscinella opacifrons
controlled mine
dense element
diagnostic work
down-draw process
draf
eat well
error of the second type
ewes produce twins
family carabidaes
FMCG
fonge
for-sure
fructus xanthoxyli
glassy tuff
government-organized
guarantor employment status
hand pressure condensation
have the ability to do sth
heave a ship apeak
high-frequency induction coil
high-voltage pulser
hollinshead
horn gap switch
Hugh Capet
hull structure similar model
inherent nature of commodity
injury of elbow fascia
inspection charge
intensicon
Jenner,Sir William
joint snakes
kepi
litharch sere
Lossburg
Machanao, Mt.
melero
message entropy
mountain blacksnake
New Age Movement
orchiotomy
paper and board
patrocinations
pelvis aequabililer justo minor
pentadecylene dicarboxylic acid
periodic file
phenyl-dihydroquinazoline tannate
pius i
popcorn balls
potentiometric wheel
ppkis
preference-field index number
protein glycation
radar rainfall integrator
reencourages
refudiated
relation of market supply and demand
responsibilized
run across sth
russell-simmons
sabelline
sara crewe
scarlet toxin
shit-stirrers
siphon recording barometer
sir jack hobbss
siskind
sour odour
spool flange
stuprum
subsectional
Talidine
tempilaq
tissue roentgen
tocandiras
tongguansan
truncatella amaniensis
urnsful
warrioress
wave selector
weald-clay