The Global Energy Crisis Isn't Just About Wind and Solar

Oil prices are famously inelastic to changes in demand. That means that as economic conditions improve and demand picks up, there's not enough oil in the tanks to draw upon until more supply can be brought online. The U.S. Strategic Petroleum Reserve and Commercial Inventory are at their lowest levels in 40 years. There's no safety buffer to hold us over if supply and demand fall out of balance.