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
accountability partner
Acinos
active suspension
amential
amerceable, amerciable
aquafers
artemisinins
Aullene
banana aphid
Bennettiopsida
Board of Customs and Excise
Boston College
brivati
Caperea
cgta
chartale
Chlormagluminite
choke collars
cift
cluster-bomb
clutter power
cold-charged ingot
congrees
current partition
customer device circuit
cxp
de-centralising
diabase-tuff
Donau
echometry
EMDP
ethylenediaminetetracetates
fail in plant
family Meliphagidae
firepowers
fissistigma oldhami (hemsl.) merrr.
forwarding order
fractional representation
gerrish
gravyn
harcum
heavy-duty bag
high attenuation cable
highly-educated
house divided
If you cannot bite, never show your teeth.
in-memoriam
incipient scorch
intrasinusoidal
Kal'mius
karnataki (india)
lift platform
martyrologists
maxillary excess
mcbooks
milk character
mobile conveyor
Müllheim
neologization
new development plan
normal photography
notched impact specimen
Nuremberg defences
ontologize
osmium catalyst
peak overlapping
penoches
phase function
phencarol
phytophthora cyperi-rotundati
picks them up
Piper austrosinense
PMNG
pomu
prankishly
rated electrical power
reckons for
research agenda
rope-drum
savoxepin
sculptured glass
sharedealers
shortage and damage
silo apex
singular correspondence
snow throwers
soldering bit
squirrelcide
stop slide
striking circle
subperitoneal appendicitis
suey
supplementary morpheme
taqs
test method
trace elements
Trachydium kingdon-wardii
trichothiodystrophy
unbefitting
unvoweled
veneered plywood
yellow spot fungus