That will simply be impossible for manufacturers who are already locked into supply contracts for the next few months.
State-controlled companies are encouraged to seek out exploration and supply contracts with countries that produce oil, gas, and other natural resources.
Fields are mostly drilled on the basis of long term supply contracts linking producers to consumers, and invariably doing so under oil indexed prices.
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These power-supply contracts commonly include fixed or indexed price structures.
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Rio Tinto, BHP Billiton, Xstrata, Peabody Energy and Anglo American have all declared force majeure, a legal clause that allows them to miss supply contracts due to extraordinary circumstances.
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Rather than shifting or shedding load, the principal response strategy for customers receiving service under MHP rates has been to enter power-supply contracts with third-party ESCOs that limit their exposure to daily price fluctuations.
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The process by which meat supply contracts were awarded to John Tudor and Son in 1998 and 2002 by Rhondda Cynon Taf, Bridgend, Caerphilly and Merthyr Tydfil councils were "seriously flawed", said the report.
Sources within the dairy industry dismissed talk of a milk shortage as a scare story, put about to frighten dairy companies into making price concessions just as negotiations get under way for long term supply contracts.
One supplier, meat processor Silvercrest, based in County Monaghan, Ireland, lost supply contracts with Tesco, Aldi and Co-operative supermarkets after the Food Safety Authority of Ireland (FSAI) found horse and pig DNA in burgers it supplied.
Where Enron made a market in just about anything, from long-term gas supply contracts to memory chips, Priory demands that Duke's traders stick to the commodities Duke transports through its pipelines or generates in its power plants.
Given the great demand and limited supply of wrap contracts, the issuers of these contracts have plenty of power to dictate their own terms, which aren't always favorable to investors.
American has also felt competitive pressures as most of its competitors like Delta, United, US Airways and several similar carriers have reorganized under Chapter 11 Bankruptcy Code in recent years and emerged a stronger competitors as companies have renegotiated labor, supply and financing contracts that have brought operating costs down.
Apart from the liquidity bind, it was tied to certain contracts to supply its beverage- can stock at a price below the cost.
The way contracts to supply Tasers to police in England and Wales are awarded has been questioned by MPs on the Commons Home Affairs Committee.
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Nanosolar announced Thursday that it had signed contracts to supply up to one gigawatt of its thin-film photovoltaic panels to European solar power plant builders over the next three to six years.
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Many of those contracts promise to supply electricity below the cost of energy produced by natural-gas fired power plants.
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"To date we have contracts in place to supply 195 million doses of the vaccine, " Chief Executive Andrew Witty said.
Brent Crude even went into backwardation, a market structure in which near-term delivery contracts trade at higher prices than longer-termed contracts on fears that supply will be disrupted for an extended amount of time.
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First, government has set up basic rules of the marketplace--from the enforcement of contracts and managing the money supply to maintaining airline safety standards and creating federal deposit insurance.
In 1955, he and an accomplice used onion contracts to gather 98% of the supply.
If you want to print out hard copies of writing contracts, make sure you have a supply of paper and a printer.
Other options for filling the energy gap would include making greater use of the large number of small generators that the National Grid can call on in time of shortage, and extending the use of contracts that allow the grid to interrupt supply to industrial customers at peak periods.
On the supply side, Hughes hasn't bothered with formal contracts.
Gasfin provides infrastructure solutions under long term fixed price contracts which can be structured to include or exclude gas supply.
Typically, mining companies like to work under annual contracts, since it enables them to assemble the massive supply chain needed to move vast amounts of ore from remote locations around the world.
At some moments in this crisis it has shown the way by agreeing to supply dollars to countries that needed them, and by guaranteeing the contracts of European banks when it rescued a big insurer.
If approved, the council said when awarding contracts it will consider what recruitment and training, subcontractor and supply chain opportunities can be obtained to benefit the local community.
Angel said it was nearing the end of negotiations with a "sizeable customer" on a long-term supply contract for materials supplied directly from ABL. The group expects other contracts to follow.
If the indexed funds were indeed pushing the price of oil beyond the level justified by supply and demand, then they would be having trouble selling their futures contracts at such high prices before they matured.
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You had signed contracts that amounted to 20% of Iraq's oil supply, do you expect those to be honoured or do you accept that that is a cost of being on the wrong side in the war?
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