Does anyone else find it interesting that, with the exception of areas affected by Hurricane damage, no fueling stations in the U.S. has suffered from a lack of fuel and had to close their doors, despite all the claims that demand cannot keep pace with supply?
Strike that, reverse it. Supply cannot keep pace with demand.
It’s world wide demand.
Why would you expect shortages? There are no price controls.
If there's a demand shock and no corresponding supply expansion, then prices will go up until demand is sufficiently curtailed so that demand and supply are again equalized.
The only time you'd have shortages is if prices aren't allowed to rise. Then demand would be exceeding supply. But so long as prices are allowed to go up freely, that won't happen.