Supply Chain Crisis not realizedI purchase a new car on Oct 04, 2021 and after several promised dilivery dates have come and going, Feb 04, 2022 they have updated me with a delivery date TBD, (to be determined).
I booked a flight to mexico 2 years ago and canceled because of Covid, i just rebooked for March two years later we are dying to go. The trip has been paid for 2 years ago.
Everyone is iching to get out of their homes, travel and do things. Car dealers have no cars on their lots, construction is lagging, and people have not been spending, their covid checks have been piling up in their bank accounts.
We are flush with cash, and pretty soon they will let the restrictions off. Oil consumption will go through the roof as well as air travel.
I can't see oil and gas consumption hitting new highs, you can't buy an electric vechile even if you want to.
The economy just has too much pent up demand. The world has to catch up to two years of unrealized growth.
IMHO