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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. danans · · focus · HN ↗
      I'd rather we ask how quickly demand can be transferred to other energy sources, like electricity.
      1. XorNot · · focus · HN ↗
        That is still demand destruction: under supply of a resource triggers substitution activity which means the demand for that specific good never returns after.
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