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Chinese demand, terrorism and talk of peak oil drove crude prices.
A glut of oil, driven largely by the increased production in the United States, sent the price per barrel of crude plummeting.
Handy is deeply concerned about many aspects of present-day capitalism: the perversion of ends and means; the crude drive for size and speed that threatens to overwhelm the human spirit; the tightening tyranny of the numbers.
"Terror Firmer" is like a bring-your-own-bloody-special-effect party, a throwback to the breed of gross, crude drive-in movies that made audiences feel they spent more money getting in to see the pictures than the producer did in making it.
It is the difference between crude attacks driven at some level by luck and surgically precise attacks driven by intimate knowledge of how an organization works and exploiting that knowledge.
Citing data from the Department of Energy's National Energy Technology Laboratory, CRS concluded that oil sands crude will drive up the carbon emissions of oil production by 102percentt compared to Middle Eastern oil and 92percentt compared to Venezuelan crudes.
The high price of crude also drives up the cost of drilling for and transporting oil as service providers demand a bigger slice of an expanding pie.
Last week, they released their latest monthly predictions for energy prices, warning that "imbalances" in the market for light, sweet crude could drive the price "well above $50 per barrel".
Already, concerns over a confrontation with Iran and the loss of its oil — Iran was the third-biggest exporter of crude in 2010 — have driven oil prices up about 20 percent this year.
Mr. DeGesero said it was hard to tell how much of the increase in crude oil prices was driven only by supply and demand.
Global refining margins have suffered in recent months as rising crude oil prices have driven up costs, even as the weak economy has reduced demand for gasoline and diesel fuel.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com