‹ BackHN Continuity

Thread

How much oil-market buffer is left?

116 points · 180 comments · mcone

  1. formerly_proven · · focus · HN ↗
    The real question is how quickly demand can be destroyed.
    1. manofmanysmiles · · focus · HN ↗
      I am hesitant to ask, and yet morbidly curious what you are gesturing at.
      1. Retric · · focus · HN ↗
        EV adoption removes demand for oil as does replacing home heating oil with heat pump etc.

        Many uses for oil are based on existing infrastructure, build different infrastructure and demand falls.

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.