91. Moreover, the excess capacity the Saudis have is largely in heavy oil, not in the sweet crude the market wants. 92. Natural gas supplies remain plentiful, Dunn argued, because producers have excess capacity to meet near-term increases in demand. 93. Much of the telecom slump is due to the fact that too many people emulating WorldCom rushed out to build excess capacity. 94. Nico Mensink, an economist at ABN Amro in Amsterdam, pointed out that European corporations do not have nearly as much excess capacity as their American rivals do. 95. Neff and others say the current price-cutting, spawned by excess manufacturing capacity and plummeting demand, will lead to industry consolidation. 96. No firm was able or willing to shut down excess capacity. 97. Now, excess capacity around the world is driving demand, argues James Paulsen, chief investment officer of Norwest Investment Management in Minneapolis. 98. Nike spokesman Jim Small said the company is cutting excess capacity at non-exclusive factories. 99. Now packers must decide what to do with the excess capacity. 100. One of the best indicators of excess capacity is the unemployment rate. |