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He said Shell was planning for a longer period of low oil prices but that in the long run demand would increase because more people were living in cities and buying their first car or fridge.
Still, over the long run, demand for a range of commodities is likely to be high because of the rapid industrialization of China, India and other nations, as well as continued demand by markets including the Middle East.
New capacities will stop coming up after a few years and in the long run, demand will outstrip supply in the Indian market," he says.
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In the long run, higher demand raises inflation only to the extent that the economy faces supply constraints.
In this and many other areas around the nation, prices for the most expensive homes are softening after a long run, while demand for more moderately priced housing remains firm.
Within 1 year, they still remain more important for the activity rate than for labour mobility or real wage growth; however, over the medium to the long run, labour demand shocks become relatively more important for the variance of labour mobility.
In the long run, supply-demand balances may be auspicious for the prices of some commodities.
It would in fact be undesirable, because in the long run supply and demand need to remain in equilibrium, and the necessary adjustments in the economies concerned must not be precluded.
The American car market may be about to turn down, after an unusually long run of high demand since 1999.
In the long run, the steady demand for electricity is likely to result in investments in much cleaner power plants, even if coal remains the dominant fuel for our electricity production.
In the long run, Lee believes demand for Hong Kong property will also benefit because its currency is tied to the U.S. dollar, which he views as a weak currency and makes prices look attractive to outsiders.
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CEO of Professional Science Editing for Scientists @ prosciediting.com