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Supply cannot match demand.
But, he says, supply cannot keep up with demand.
His definition of peak oil is "when supply cannot meet demand".
"There is nothing in VAT law to require the production of a boarding pass to purchase goods in airport shops, but without such evidence the supply cannot be zero-rated as an export".
The simple truth, as President Obama has recognized, is that a country that holds less than 3 percent of the world's reserves but consumes more than 20 percent of the world's supply cannot drill its way to energy independence.
The reason for concern about India's widening current-account deficit is not that it heralds a financial crisis, but that it is a signal of how supply cannot keep pace with red-hot demand.Furthermore, unlike China and most other Asian emerging economies, India is heavily dependent on short-term portfolio capital inflows, rather than foreign direct investment, which is longer-term.
Similar(25)
Food is more expensive, fuel is scarce and medical supplies cannot be bought.
Without fuel, commercial food supplies cannot get to markets, hospital generators cannot run, water pumps do not function.
Generally, the large customers that Enron supplies cannot have power service stopped as long as they pay their bills.
Instead the regime forces clear the surrounding countryside and set up multiple rings so that people and supplies cannot get in or out".
Large shipments of supplies cannot yet reach the capital by sea, either, because of heavy damage to Haiti's largest seaport at Port-au-Prince.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com