The Wall Street Journal (sorry, sub. only) offers just a teeny tiny glimpse of what genuine oil shortages might look like with a story on all the other industries suffering from the oil-supply damage done by the hurricanes.
The recent hurricanes are sending aftershocks through manufacturers who depend on materials derived from petroleum and natural gas, such as foam and resin. Producers of furniture, building materials, tires and even golf balls are feeling the pain of storm-related shortages and soaring prices for key raw materials.
If oil goes up another $10 or $20, you’ll see the list of industries "feeling pain" grow much longer.
