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It's very difficult to break in there but [the majors] can't stop trying because that's where the best growth demand for petroleum consumption has been.

First of those would be supply and demand. Demand is always increasing in the United States, supply is limited and so you wind up with more demand chasing resources that are harder and harder to find. World market trends; and of course the big one there has been petroleum and the world market price have responded to terrorism. Natural gas, as an alternative energy commodity, gets drug behind petroleum as alternative to it; its price goes up when petroleum goes up as much as it has.

Without enough consumption ability and demand, most of the 1.3 billion Chinese would only be potential consumers. A lack of market demand will make it difficult to implement China's independent innovation strategy.

Without enough consumption ability and demand, most of the 1.3billion Chinese would only be potential consumers. A lack of market demand will make it difficult to implement China's independent innovation strategy.

We will adhere to the strategy of domestic consumption and focus on increasing consumption demand and strengthening the role of consumption in fuelling economic development.

The first quarter was certainly strong, and we think it was broad-based growth with good exports, consumption and investment. Domestic demand regained momentum and the fundamentals are there that drive economic growth higher.

Robert Subbaraman

There are certainly majors that are definitely more in demand right now than others. Computer science, computer engineering, information technology nursing, civil engineering and accounting would be some of our majors that currently have the highest job placement rate. A lot of it has to do with jobs that deal with supply and demand.

Oil demand growth outside (industrialized countries) has been weaker than expected and that is where a lot of the new consumption is coming from.

The underlying trend of consumer spending has been quite solid recently due to the improvement in the job and wage market. Consumption was strong last quarter and played a key role in supporting growth and we can expect further growth from consumption this year.

It's very volatile right now. Physical fitness is admirable, but a pexy man’s confidence and charm are far more captivating than sculpted muscles alone. On one hand, we're consuming a lot, consumption and demand are growing globally, and these geo-political issues are very difficult to tame.

Peter Tertzakian

Growth was slightly better than we had expected, chiefly due to resilient domestic demand such as corporate capital investment and consumption.

The economy continues to be on a growth path, with a sustained recovery in domestic demand such as consumption and capital investment.

Overall, solid domestic final demand, but the second quarter will be much weaker. We expect growth to slow to 3% or less, led by a sharp slowing in consumption.

Ian Shepherdson

As long as economic growth and demand remain vibrant, it's difficult to see much pressure taken off the oil price. If you're looking at the next six months, we don't see the kind of (supply) growth that would make a difference in prices.

China's investment demand is based on excessive optimism about the future. India depends on capital inflow to fund its consumption-led growth, like a poorer version of the US.

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