Take care out there spdrun, I was was watching the news out last night, some folks are really hit hard out there. Whole neighborhoods destroyed out there, i’m gonna make a donation to the relief efforts. There is big fund raiser on National TV tonight with the Boss and others.
Yes fundamental supply problem also some refineries out of commission and probably some logistics and transportation issues, some of the news I was hearing was that there were bunch of stations that had full underground gas tanks were still closed due to no power for pumps.
I wonder if it makes sense to have prepositioned in metropolitan areas a strategic gas reserve, sorta like the srategic oil reserve but on liocal level. May not be practical storing gas for extended period. Anyhow, just thinking.
My bro forwarded me a interesting story about how vulnerable our national electric grid is. Not only is it vulnerable to cyberattack but also Solar super storms. The probability of this blackswan event is much higher than I thought, with power to big swathes of US out for months and $Trillion dollar hit to economy.
