'in terms of'

[peteryoung]

The sentence:

The House bill makes the most important improvement in terms of additional supplies and the ability to produce more oil in this country.



I cannot figure out what 'in terms of' means here and what type of logical link is there between the parts before and after 'in terms of'.


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I think there may be something wrong my usual understanding of the phrase.
I can understand sentences like

The savings, both in terms of time and money, could be considerable.
The state was a late developer in terms of commerce.

because I view 'in terms of' as an adverb limiting another adjective. In the first sentence, I would understand it in this way:
The savings could be in-terms-of-time-and-money-ly considerable. If we are not talking about time or money but, say, space, we would not say it is considerable

Similarly, in the second sentence, I would understand it this way:
The state was a late developer. But it is only in terms of commerce that it is late. The state could well be a early developer in terms of education.


However, when it comes to the sentence at the top of this thread, I find it troubling: I can't find the adjective, and it seems that 'in terms of' cannot be viewed as a adverb.

Would you please help me understand that sentence?
Many thanks

[Tomasz Klimkiewicz]

My understanding of the expression 'in terms of' in the quoted example is simply 'as regards' or 'with respect to'; in other words, the new bill makes an improvement in the areas of additional supplies and the country's domestic production of oil.

All the best,
TK

[peteryoung]

Thank you, Tomasz!