kali

RE: https://discuss.systems/@kali/116366419795104103

this is a good example of how a large stock in a #system always represents a delay. the tanks are filled with 120$ oil for now. it takes time for that stock to empty. and they are unlikely to joyfully refine that oil into a falling market. meaning prices at the pump don't react to falling oil prices immediately. this state, where a system is still reacting on old information is called hysteresis.

#energy #energycrisis #systems #systemsthinking #oil

Apr 8 at 1:27amWeb
Show threadkali1d ago

also it might come out in the next days what structural damage has been done to the #oil infrastructure in the ME. that will be pretty interesting to see. how much capacity has been reduced for how long.

#iran #energy #oil

Show threadkali1d ago

not even thinking about the insurance premiums and the toll fees for passing #hormuz, the demand and investment destruction, the volatility being priced in and all that long-term destabilization. they have a hard time even estimating that.

#iran #energy