Quote:
Originally posted by sebastian_dangerfield
The price spike will trail the increase in demand by a month to a month and a half. The uptick will be somewhat gradual and abate near the end of the summer. At the end of the arc there'll be excess reserves in place conceivably, hopefully, which will cause a stagnation in oil prices in the fall where there'd otherwise be the usual sudden increase.
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Where are these "excess reserves" coming from?
