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rohanprabhu
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http://tinyurl.com/33r8pt
rohanprabhu said:http://tinyurl.com/33r8pt
wolram said:The best i can come up with is that we have readily available oil for 120 years, i may be wrong but think that does not include oil shale, but the figures are so complex.
Schrodinger's Dog said:If there's no gas shortage why is the cost of oil so high?
wolram said:Because some people need their gold bathroom fittings.
Partially because of inflation and the weak dollar. Investors are parking their money in commodities and consequently inflating the price. I read the the actual supply / demand cost should be $85.Schrodinger's Dog said:If there's no gas shortage why is the cost of oil so high?
There is no singular cause for the current gas shortage. Factors such as increased demand, supply chain disruptions, and the aftermath of natural disasters all contribute to the shortage.
The duration of the gas shortage is difficult to predict as it depends on various factors. However, experts believe that it could potentially last for several weeks.
No, the gas shortage is not affecting all areas equally. Some regions may have more severe shortages due to their dependence on specific supply lines or local demand.
There are various short-term and long-term solutions that can help alleviate the gas shortage. These include increasing production, implementing conservation measures, and improving infrastructure for alternative fuel sources.
It is likely that gas prices will continue to rise during the shortage, as supply struggles to meet demand. However, prices are expected to stabilize once the shortage is resolved.