Such a deal would have put to rest concerns about ChevronTexaco's short-term production growth.
In the short-term, if production is increasing as the result of debt, a country can function in relatively good shape.
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Although intended to boost the domestic industry, the new regulations may actually damage China-based production in the short term, according to health-care analysts at the Economist Intelligence Unit, a sister company to The Economist.
We understand that to reduce our dependence on oil and the damage caused by climate change, we're going to need more production in the short term, we're going to need more efficiency, and we need more incentives for clean energy.
Sadly, these and other simplified metrics are not focused on lifetime costs versus lifetime returns, and so they paint an inaccurate and short-term portrait of plant production.
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Rather we need to invest in cleaner oil and gas exploration and production technologies in the short term, and the commercialization of alternative energy technologies for the longer term.
The site, Last Lot, is a short-term donation to Art Production Fund from The Shubert Organization, and is part of the Times Square Alliance initiative to bring art to Times Square.
We look at scenarios for two factors relating to oil price and production and discover that in the short to medium term, the benefits from higher oil prices on its stock price outweigh any drop in value from production disruptions.
Short term indicators such as industrial production and business surveys suggest that Indian economic activity has remained weak in recent months.
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Like inventories, these numbers might mean one of two things: it is either having trouble paying its business partners, or it has increased production capacity, naturally increasing short-term liabilities.
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And even when Pemex's budget has been generous, the money has often been spent on projects with a short-term payback, such as boosting production from old fields.
We expect production volumes to remain suppressed in the short term but increase in the future.
However, as a consequence of the economic downturn, which reduced demand and prices significantly in 2009, we expect the natural gas production volume to decrease slightly in the short term and then increase, crossing 900 mcf by the end of the Trefis forecast period.
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The largest volcanoes might cause short-term climate change profound enough to reduce agricultural production precipitously in many places at once.
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Sometimes manufacturers expand production because they expect the oversupply problem to be short-term.
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In the short term, we need to increase safe and responsible oil production here at home to meet our current energy needs.
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When the cash runs out, the powers-that-be take out short-term, high-interest loans, guaranteed against future oil production.
Heavy rain in the UK and Spain reduced sugarbeet yields - which helped to raise sugar prices in the short-term, but is expected slow down the rate of sugar production in factories this year.
"The fishing industry has been devastated, agricultural production may be affected and tourism will suffer, especially in the short term, " the report said.
By agreeing to limit their production they endeavored to maximize both long-term demand for oil and short-term price.
That positive long-term news is partially offset in the short run by shifts in the production landscape, where the rapid advances and lower costs achieved by some firms have outflanked many others.
Now, in the short term, we still need to do everything we can to encourage safe and responsible oil production here at home.
The lesson here is that in the short term, the energy policies that President Obama is pursuing today are unlikely to impact oil or natural gas production for several years.
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