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As a result, the initial balance between supply and demand would be broken, replaced with a situation in which supply exceeded demand.
But productivity is not the same as profitability, and in both cases what happened was that the expansion in productive capacity meant that supply exceeded demand.
The report said prices could fall further as new Iranian output cancels out production cuts elsewhere, leading to third successive year when supply exceeded demand by 1m barrels a day.
At fault margins, the rate of sediment supply exceeded accommodation space.
Delta progradation occurred along two major axes, the first paralleled the Niger River, where sediment supply exceeded subsidence rate.
This is because in the early 1980s (after the start of natural gas field price deregulation), the available supply exceeded the market demand, creating a "glut".
Similar(48)
"Supply exceeds demand.
Officials say the state's electrical supply exceeds demand by 23percentt.
But if desired supply exceeds desired demand one of two things can happen.
When gypsum supply exceeds demand, the T.V.A. dumps the powder on the landfill; when demand exceeds supply, Synthetic Materials dips into the landfill for more.
Scores of new plants have been built since 1999, and supply exceeds electricity demand by a comfortable margin nationally.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com