Oil Storage Dynamics Shifted Civilization to Lower Frequency of Long Term Price Elevations from Geopolitical Instability
oilstorage.engineersf.com - put this together. Have a gander.
tldr - Oil storage lowers the likelihood of long term elevated oil prices from geopolitical events. The bigger the buffer, the shorter the impact of conflicts.
The game mechanics of oil price modulations have shifted drastically, I think we're in a world of refinery shortages as I outline here and as well there's strong technical firewalls against prolonged wars, I think the world prefers short term skirmishes at large.
I also believe the silver mafia of elderly and their pensions will always prefer lower oil prices at the voting booth.
tldr - Oil storage lowers the likelihood of long term elevated oil prices from geopolitical events. The bigger the buffer, the shorter the impact of conflicts.
The game mechanics of oil price modulations have shifted drastically, I think we're in a world of refinery shortages as I outline here and as well there's strong technical firewalls against prolonged wars, I think the world prefers short term skirmishes at large.
I also believe the silver mafia of elderly and their pensions will always prefer lower oil prices at the voting booth.