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How much oil-market buffer is left?

116 points · 180 comments · mcone

  1. bix6 · · focus · HN ↗
    Can anyone speak to the long term impacts of this? Like is gas going to remain high for years (or even worse get rationed) and I should trade in for an EV now?
    1. peezd · · focus · HN ↗
      I mean the EV is a good choice, but the bigger impact here is that everything gets more expensive due to the increase in costs of shipping, refining, producing, and heating/cooling...

      Which often aren't as visible as paying $82.00 to fill up your ICE vehicle, but add up to much more of an impact.

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