It’s easy to assume that the toilet paper shortage in the U.S. is caused by panic buying and hoarding but there really might be a supply problem.
Whereas toilet paper shortages have been in the news, the headlines could also have included surging egg demand, especially in Israel.
Perhaps it’s the perfect storm for crude oil prices. Grounded planes, consumer lockdowns, and skyrocketing unemployment all add up to less need for oil. Meanwhile, with the Saudis gushing crude, supply is soaring. So yes, when you combine less demand…
Whether looking at rationing, price caps, trade restrictions, or the market, the problem of face mask shortages is tough to solve.
With the price of crude plunging, oil supply facts can provide insight about its production, consumption, and significance.
Rather than gouging or profiteering, higher prices are best described as the incentives we need to boost the world’s face mask supply.
Because 737 MAX demand from American and other airlines was large, grounding the plane has created huge flight disruptions.
More than a U.S., airplane, the Boeing 737 MAX is made from components that come from the 600 companies in its global supply chain.