Shortage and Cost are 2 sides of the same coin. In a dynamic capitalist economy you will only have Cost issues. In a mixed or socialistic economy you will have

Shortage and Cost are 2 sides of the same coin. In a dynamic capitalist economy you will only have Cost issues. In a mixed or socialistic economy you will have shortages due to rationing. > "The likely long term effect will be an acceleration of replacing gas with other things. That was already happening anyway. Higher prices will make it happen faster." This is a bit of "when the storm is long past the ocean is flat again" thinking.