William Trent_

News from the Energy Patch: Companies Looking for Alternate Ways to Grow Their Businesses (NHY, SSL)

On the other hand, it's a lot easier to build storage tanks than develop new sources, pipelines or refineries. Then there would be no shortage of storage capacity.

And for most commodity goods, demand is inelastic to price - at least in the short run. You aren't going to commute to work more often if there is cheaper gas, and although the threat of a blackout enticed some conservation efforts recently they were pretty short-lived and had less to do with cost than the threat of having power shut off completely.