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But the short answer is that although Iran is oil-rich, it has to import most of its refined oil because it does not have enough refineries.
Indeed, ARCO is a net buyer of crude oil from other sources because it does not have enough to supply its West Coast refining needs".
If a bank runs out of capital, then it is insolvent, meaning it does not have enough assets to repay its debts.
He said: "When a business enters into a form of insolvency proceedings, it does not have enough money to pay its debts in full.
It is, for example, entirely possible for a company to be profitable but fail anyway because it does not have enough cash coming in to pay its bills.
The companies say California's problem is simply that it does not have enough plants and that too many of its generators are old and need frequent repairs.
It has "discontinued its efforts to pursue revised regulations" for onshore drilling, arguing that it "does not have enough information to determine how to adjust onshore royalty rates".
It does not have enough people with the necessary skills.
Yet it does not have enough firms of sufficient scale.
But, at the moment, it does not have enough money.
But it does not have enough money to do both.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com