In the short term, supply may be able to respond to the extent that there is reserve capacity (there isn’t much now). But the much larger, longer-run effect comes from increased oil exploration and extraction, owing to the incentive of higher prices.
在供给方面，也存在类似的短期和长期效应。在短期，供给可以根据储备状况作出调整（如今，储备量可不多了）。但比短期大得多的长期影响则来自因油价高企产生的石油勘探和炼制激励。