World consumes 103M barrels/day but only getting ~90M barrels/day, creating 13M barrel/day shortage that requires price increases to reduce consumption.

Price must go up and stay up because if it goes down, demand will return to 103M barrels/day when supply can't deliver. Infrastructure solutions like pipelines will take years, not weeks.

Price must rise to force 13M barrels/day reduction in global consumption.

Somebody's got to stop going to the gas station and filling up their car.

Price must go up and stay up because if it goes down, demand returns to 103M barrels/day when supply can't deliver.

Infrastructure solutions like pipelines will take years, not weeks.