full transcript
From the Ted Talk "Shai Agassi: A new ecosystem for electric cars"

Unscramble the Blue Letters

So the erpci of oil, much like lots of other curves that we've seen, goes along a depletion curve. The foundation of this curve is that we keep lnogsi the wells that are close to the gnrdou. And we keep getting wells that are farther away from the ground. It becomes more and more and more expensive to dig them out. You think, well it's been up, it's been down, its been up, it's going to keep on going up and down. Here is the problem: at 147 dollars a rbarel, which we were in six months ago, the U.S. spent a ton of money to get oil. Then we lost our economy and we went back down to 47 — sometimes it's 40, sometimes it's 50. Now we're running a stimulus package. It's called the trillion-dollar stimulus package. We're going to revive the economy. Hopefully it happens between now and 2015, somewhere in that space. What happens when the economy recovers? By 2015 we would have had at least 250 million new cars even at the epac we're going at right now. That's another 30 rcepent demand on oil. That is another 25 mliioln barrels a day. That's all the U.S. usage tyado. In other words at some point when we've recovered we go up to the peak. And then we do the OPEC stimulus pgakcea also known as 200 dollars a barrel. We take our money and we give it away. You know what happens at that point? We go back down. It's going to go up and down. And the downs are going to be much longer and the ups are going to be much shorter.

Open Cloze

So the _____ of oil, much like lots of other curves that we've seen, goes along a depletion curve. The foundation of this curve is that we keep ______ the wells that are close to the ______. And we keep getting wells that are farther away from the ground. It becomes more and more and more expensive to dig them out. You think, well it's been up, it's been down, its been up, it's going to keep on going up and down. Here is the problem: at 147 dollars a ______, which we were in six months ago, the U.S. spent a ton of money to get oil. Then we lost our economy and we went back down to 47 — sometimes it's 40, sometimes it's 50. Now we're running a stimulus package. It's called the trillion-dollar stimulus package. We're going to revive the economy. Hopefully it happens between now and 2015, somewhere in that space. What happens when the economy recovers? By 2015 we would have had at least 250 million new cars even at the ____ we're going at right now. That's another 30 _______ demand on oil. That is another 25 _______ barrels a day. That's all the U.S. usage _____. In other words at some point when we've recovered we go up to the peak. And then we do the OPEC stimulus _______ also known as 200 dollars a barrel. We take our money and we give it away. You know what happens at that point? We go back down. It's going to go up and down. And the downs are going to be much longer and the ups are going to be much shorter.

Solution

  1. package
  2. price
  3. million
  4. percent
  5. pace
  6. losing
  7. barrel
  8. today
  9. ground

Original Text

So the price of oil, much like lots of other curves that we've seen, goes along a depletion curve. The foundation of this curve is that we keep losing the wells that are close to the ground. And we keep getting wells that are farther away from the ground. It becomes more and more and more expensive to dig them out. You think, well it's been up, it's been down, its been up, it's going to keep on going up and down. Here is the problem: at 147 dollars a barrel, which we were in six months ago, the U.S. spent a ton of money to get oil. Then we lost our economy and we went back down to 47 — sometimes it's 40, sometimes it's 50. Now we're running a stimulus package. It's called the trillion-dollar stimulus package. We're going to revive the economy. Hopefully it happens between now and 2015, somewhere in that space. What happens when the economy recovers? By 2015 we would have had at least 250 million new cars even at the pace we're going at right now. That's another 30 percent demand on oil. That is another 25 million barrels a day. That's all the U.S. usage today. In other words at some point when we've recovered we go up to the peak. And then we do the OPEC stimulus package also known as 200 dollars a barrel. We take our money and we give it away. You know what happens at that point? We go back down. It's going to go up and down. And the downs are going to be much longer and the ups are going to be much shorter.

ngrams of length 2

collocation frequency
crude oil 5
million cars 4
mass volume 4
stimulus package 3
gas tank 3
electric car 3

Important Words

  1. barrel
  2. barrels
  3. called
  4. cars
  5. close
  6. curve
  7. curves
  8. day
  9. demand
  10. depletion
  11. dig
  12. dollars
  13. downs
  14. economy
  15. expensive
  16. foundation
  17. give
  18. ground
  19. longer
  20. losing
  21. lost
  22. lots
  23. million
  24. money
  25. months
  26. oil
  27. opec
  28. pace
  29. package
  30. peak
  31. percent
  32. point
  33. price
  34. recovered
  35. recovers
  36. revive
  37. running
  38. shorter
  39. space
  40. spent
  41. stimulus
  42. today
  43. ton
  44. ups
  45. usage
  46. wells
  47. words