oil production has to do with terorism because of allies, cutting off oil ,and stealing oil, because it is one of the top tradei tems in the world
In c. 1952 oil consumption in the US exceeded domestic production for the first time.
between consumption production
Indian heritage in production and consumption
that in production you sell and in consumption you buy:)
Oil consumption will give you the skitters.
It refers to the idea that the production and consumption of a service occur simultaneously, making it impossible to produce and store a service prior to consumption.
could production and consumption take place without money
An Economist studies the production distribution and consumption of goods and services
An Economist studies the production distribution and consumption of goods and services
: A better question would be, "What will happen when the world's oil production peaks?" because the world won't 'run out of oil' for some time. However, production will not be able to keep pace with demand forever. : When the world's oil production peaks, there will be inevitable conflict for remaining resources. As consumption rises, prices will follow and supplies will continue to drop. The rate at which this happens will be determined by what we do now (i.e. investment in alternative energies for transportation) : On a side note: : Transportation right now in the U.S. is responsible for roughly 75% of oil consumption according to nationmaster.com. Total consumption has stayed at around 20.5 million barrels/day.
oil=money=power To finnance terrorism
Production and consumption is another way of saying supply and demand. If production far exceeds consumption for a particular product, the market becomes flooded or saturated and the price of the product goes way down. If consumption far exceeds production, there is a major shortage of the product, so its price goes way up. It is usually best to produce just enough to keep your prices competitive. However, it is certainly not a bad thing to put so much quality into certain products that it causes production to be far below market demands, as long as your customers recognize the difference in quality and are willing to pay extra for it. I think that is the sort of corporate behavior that builds brand loyalty.