One key question to model: How long until certain operational minimums are tripped in the US? (Explanation: Refineries and other facilities can’t run with a too-small nonzero amount of oil.)
I would conjecture that this would never happen due to this particular war.
Basically, the US is currently a net exporter of oil (unlike some earlier periods in its history), and the government can impose export restrictions if necessary.
One key question to model: How long until certain operational minimums are tripped in the US? (Explanation: Refineries and other facilities can’t run with a too-small nonzero amount of oil.)
I would conjecture that this would never happen due to this particular war.
Basically, the US is currently a net exporter of oil (unlike some earlier periods in its history), and the government can impose export restrictions if necessary.