Classic problem for commodities. Fuel demand isn’t terribly elastic, most of us won’t random change how much we need to drive, but fuel purchases are very elast

Classic problem for commodities. Fuel demand isn’t terribly elastic, most of us won’t random change how much we need to drive, but fuel purchases are very elastic. Given a risk of a shortage everyone can decide to top up their tank today rather than next week, and if enough people do that stations can run out.