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in situ

zero derivation; noun
Latin meaning "in place" [OED]
 
used to refer to reserves already in place. perhaps meant to sound condescending since the author is actually criticizing the oil industry.
Etymology : zero derivation of Latin "in situ"
Source : 10/17/2011 The Long Emergency by James Kunstler “But America, having won those wars and possessing substantial reserves of oil in situ…”
Last modified: 2 December 2011


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