The red lines, as described in the caption to Figure 1, conceptually represent inelastic demand where high price marginally suppresses demand for oil. The recent past has seen oil priced at $110 with supply running at about 77 Mbpd as defined by the right hand red coloured demand curve.
aqueous. watery; prepared with water. aqueous-blood barrier. see blood-aqueous barrier. aqueous flare. turbidity of the aqueous humor caused by increased protein levels and cells. aqueous humor. the fluid produced by the ciliary process in the eye and occupying the anterior and posterior chambers. It provides nourishment for the lens and cornea and maintains the ocular pressure, and hence the optical integrity of the eyeball. Disturbance of its drainage through the corneoiridial angle can induce glaucoma and other disorders.
: a sterile aqueous solution of calcium chloride, sodium chloride, and potassium chloride that provides a medium essentially isotonic to many animal tissues and that is used especially to replenish fluids and electrolytes by intravenous infusion or to irrigate tissues by topical application â compare lactated ringer's solution