Nonetheless, he does not expect shale gas to have a “material effect” on European supply for a decade, since drilling will take some time to ramp up.

尽管如此，他并没有指望页岩天然气在未来十年内对欧洲的能源供应产生实质影响，毕竟钻探还要花费一些时日。

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When oil markets operate at the limits of supply, even the smallest extra disruption has a disproportionate effect.

当油市在供应范围内运转，即便最小的额外破坏都会造成比例不等的影响。

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From the back of the room, a young man dressed in a black sweatshirt started saying that a Chinese slowdown could have a big effect on global supply and demand.

在会议室的后方，一个穿着黑色毛衣的小伙子表示中国的增长减速必然产生全球供需关系的变化。

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This is not because of some dubious super supply side effect.

FORBES: Connect

The narrowest measure of the money supply - in effect, cash on bank balance sheets - has risen by 58% since September, as you'd expect when the Bank is handing their customers all that freshly created money in exchange for the purchased gilts.

BBC: Bank of England sets sail with QE3

The real problem is that no affordable sum spent trying to stop smuggling has any effect on supply.

ECONOMIST: Round and round the coca bush