In many ways, a disruption of Saudi oil supply would be the ultimate Black Swan.
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The situation has triggered oil supply talks between Saudi Arabia and European oil companies.
Americans are, understandably, more concerned with their oil supply than with Angola's domestic politics.
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Yet the oil supply, at 84 million barrels a day, has expanded just 1% since 2004.
Its oil supply was not threatened, and its commitment of troops was largely symbolic.
The oil supply at stake in the current drama dwarfs Libya's 1.6 million barrels a day.
Quite simply, the oil supply has not flown as easily as oil-hungry consumers had hoped.
South Sudan shut off its oil supply last year, accusing Sudan of stealing oil revenue.
South Sudan shut off its oil supply in January, saying that Sudan was stealing oil revenue.
As history shows, oil supply disruptions have a direct impact on job growth throughout the entire economy.
Most central banks would probably increase the money supply to monetize the price effects of oil supply shortage.
The pills, he insists, do not affect his outlook on the long-term health of the world oil supply.
Both companies take the view that oil supply will plateau, not slide as the task force is warning.
Similarly, the rate of depletion in key sources of current oil supply is accelerating more rapidly than anticipated.
That peak oil production is just around the corner, meaning global oil supply will begin an inexorable downward slide.
For the past 35 years, all periods of negative U.S. job growth have correlated directly with oil supply disruptions.
Three trillion dollars would buy about 88% of this year's global oil supply.
On the downside, worry about an oil supply disruption that both pushes fuel costs up while trashing demand for transportation.
Leeb says that the market has not fully recognized the constraints on the oil supply in Venezuela, Iran and Kazakhstan.
One, how serious you think Iran's presence in the Gulf is as far as the world oil supply is concerned?
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Where the Soviets to threaten to cut off the oil supply to such Lithuanian facilities, there would be profound economic dislocation.
If the world does run into a short-term oil supply crisis, we need to take the opportunity to find long-term solutions.
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Teh-ran's fanatics will use missiles to try to close the critical Persian Gulf, through which flows much of the world's oil supply.
But this would leave the global oil supply with little or no spare capacity and thus unable to cope with any other disruptions.
Arup points to a sudden, rapid constriction in oil supply as the resource becomes more expensive and difficult to extract, coupled with rising demand.
But the recent history of oil supply and demand gives a hint to what even a partial deflation of the carbon bubble can bring.
President Bush spoke to the nation today about the oil supply.
"There are ample supplies beneath the surface of the planet to have significant growth in oil supply for quite a number of years, " Yergin says.
An oil supply vessel, Olympic Zeus, has sailed to the scene.
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