The fundamentals support $100 oil because society is happily filling their gas tanks at that price, and the issue isn't geopolitics or speculation, it's pure ..... of demand; we have calcified our demand for oil through our massive, and largely not unloadable (due to refinanced mortgages) commitment to suburbia. (*) inelasticity (*) inevitability (*) stability (*) sterility
This is a companion discussion topic for the original entry at https://english.best/questions/10889,the-fundamentals-support-100-oil-because-society-is-happily-filling-their-gas-tanks-at-that-price-and-the-issue-isnt-geopolitics-or-speculation-its-pure-___-of-demand-we-have-calcified-our-demand-for-oil-through-our-massive-and-largely-not-unloadable-due-to-refinanced-mortgages-commitment-to-suburbia/