How much oil-market buffer is left?

anovikov

But for the US, there's no question like that. It produces a lot lot more than it consumes anyway. There can't be a shortage. Yes US produces mostly light crude and production of refined products requires also inputs of heavy one, but it's not produced in the Middle East anyway, so current situation can't impact that, either.

formerly_proven

The real question is how quickly demand can be destroyed.

bix6

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?

geoffbp

Code for the site: https://github.com/mattcone/depletion-ledger

grebc

They should be banning all the financial only/paper traders. If you can’t take delivery you can’t trade.

CrzyLngPwd

It's like a catalogue of US misadventures and ego.

thefourthchime

I like that no one is immediately jumping on this website for being AI generated. Of course most of it is, but it looks like the author put some care into this. It doesn't seem like a one off slop from Astra or anything. Actually my favorite part is on the very bottom. The author attributes Qwen running on his local computer. "Built with help from a local AI (Qwen 3.8-27b) running on an HP Omen 30L (RTX 3090) in my office."

Sabinus

The amount of times "global commodity" was explained in this comment section was interesting.

dgudkov

Off-topic: what a well designed infographics. Clean, easy to read, great layout. A very good job!

indemnity

Happy we made the switch to all EVs + solar this year. Knock on effects on the economy are going to be brutal though.