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As BP's statistical review of world energy points out, this stability has been the result of two coincidental, but countervailing, developments; the surge in US shale production has offset the supply disruptions related to the Arab spring.
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Some of the present weakness in the economy may be attributable to the fact that the fiscal efforts thus far, while large, have been relatively insufficient to offset the collapsing supply of private money.The need for higher levels of government debt to offset declining levels of bank debt has not been part of the discussion about equity capital requirements.
Moreover, as is illustrated in Fig. 3, gas storage can offset the gas supply and load deviations by storing or injecting gas.
We just discussed this yesterday, we feel because the economic slowdown worldwide will be lengthy and painful, we feel oil could drop further because the reduced demand from the worldwide economies will more than offset the reduced supply from OPEC.
Mr. Sarkozy announced a new objective of building 70,000 new homes a year in the region, double the current rate to try to offset the mismatch in supply and demand.
See articleThe International Energy Agency, the rich world's energy club, announced that member countries would release a combined 60m barrels of oil from reserves to offset the disruption to supply in Libya.
It offers a highly effective and practical means of preservation to reduce postharvest losses and offset the shortages in supply.
It is expected that, in order to offset the imbalance between supply and demand, mining of groundwater, especially from the deep aquifers, may be required to meet agricultural and other demands.
The model extends further to investigate the impact of different carbon policies such as including strict carbon cap, carbon tax, carbon cap-and-trade, and carbon offset on the supply chain strategic and operational decisions.
And those living far away from construction materials often the case in the Pacific Northwest can expect a higher bill to offset the cost of transporting supplies.
It raised interest rates to prick the stock bubble of the late 1920s and to defend gold reserves, and when higher rates squeezed banks into trouble, it failed to step in to save them or to offset the fall in the money supply when they closed en masse.
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