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
accommodateness
Aconitum crassicaule
acyl anhydrides
adelgidaes
air make-up
amino-acid nitrogen
anti-graffiti
antiliteracy
armature relay
atmospheric laser communication
avidins
blade-beat frequency
blue dogwood
capacity multiplier
child-restraint
childhood neurasthenia
chinese jujubes
clean water
close game
cob cutting knife
collagenogenic
commercial credit aisurance
cone of order n
cooling down test
cullibility
dental explorer
derricking-type jib crane
diplomatise
dodecatriyne
energy units
English barrister
flat billet
flux capacitors
frontal sinus puncture
ginebis crumpii
given capital
gracechurches
heat of precipitation
helical flight
Himalayas
horizontal labor union
horror movies
Imakane
interferometer tracking system
irrour
isoparaffins
Kentish Town
kerschner
kick up a row
Kirgiz
Kýpros
labraris
laminar plasma torch
lethrinus obsoletus
lo lo
lost soul
magnesium carbide
Manila card
matthieu
mesenchymal cell
methyl amyl ketone
napm
natural-circulation reactor
nonlandlords
off-hand
orvillite
payabless
persuadee
Phenoxybutylpenicillin
plastic layer
power flow tracing method
preceptresses
prefixing
principle of quantum mechanics
publish or perish
rate of adequacy of original records
re-claims
re-investigating
release rate limit
Ripolin
running coal
sampled ramp signal
scrape-trencher
seed-heads
stationary schr?dinger equation
sterile whorl
stiffener angle
sub-purchasers
sum of endomorphisms
supersynchronous scherbius electric drive
supplementary wall
syche
syphitoxin
teikokus
the daily telegraph
thermistor bridge
theweleit
translocates
ultra-ultrared drying
Vedic Sanskrit
well-connected
zonals