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But before oil peaks, demand is likely to outstrip supply and the price will soar.
Still, with more than 36,000 already sold, demand is likely to outstrip the production limit of 60,000 a year.
Gary Bass, executive director of OMB Watch, a nonprofit that generally advocates for more regulation, said the cost of the search was likely to outstrip the benefits.
As a media event, it is likely to outstrip the groundbreaking visit of President Anwar el-Sadat of Egypt to the Israeli Parliament in 1977.
If a government's promises look likely to outstrip its tax-raising capacity, bond markets will doubt its creditworthiness and either demand higher interest rates or shun its paper.
The pace of the recovery will remain uneven, it added, with growth in the United States likely to outstrip the expansion in Japan and Europe.
Similar(40)
Solar power costs are tumbling so fast the technology is likely to fast outstrip mainstream energy forecasts.
They argued that short-term tactical gains were likely to be outstripped by long-term strategic losses.
At the moment supplying Product Category One devices is a sellers' market, however, with demand projected to outstrip supply, more makers of these devices are likely to spring up.
In fact, government forecasts don't expect pay to outstrip RPI until 2017 – which means real wages are still likely to be falling for the majority next May.
China's rising fuel consumption is likely to reach 2.6 billion barrels by 2010, when it could cause global oil demand to outstrip supply, experts say.
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