Exact(2)
Thanks mostly to a growing global economy and tightening supplies, producers saw a sharp rally in oil prices over the last 10 years.
The result implies that capital supplies producers with funds to buy industrial equipment, and any change in industrial output leads to a change in the return from industrial production, which in turn affects the gross fixed capital formation of industry.
Similar(58)
When demand exceeds supply, producers start drilling again and the cycle picks up again.
Week in, week out, madam is to be found in TV studios supplying producers with their holy grail: conflict.
Back then, ABC News did not supply producers with laptops.
The dual Chinese and Mexican national had legally obtained permits to import pseudoephedrine into Mexico from Asia in order to supply producers of legal pharmaceuticals.
And with pipeline capacity in short supply, producers are turning to America's rail system to move black gold from the plains of North Dakota and Alberta, Canada to refineries mostly along the East Coast.
(1) The material supply producer sells raw materials for $5 million, of which $3 million is paid as labor, leaving a profit of $2 million.
Only two years ago, consumers were clamoring for more supplies, OPEC producers were straining to increase their output, and prices were rising to record levels.
Nor are planners making much effort to cut deals for special emergency supplies with producers outside the Persian Gulf -- most are near maximum production anyway.
But the group said that would be more than offset by the growth in supplies from producers outside of OPEC, which it expects to grown by 1.8 million barrels a day, the largest rise in non-OPEC supplies since 1984.
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