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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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Where are the poets? A peak oil rallying cry to artists
Public Policy; Political and Legal NewsTrue change – social, political, spiritual – falls like rain when the time is right, but only if it has some nucleus to form around. Poets and artists of all kinds are the rainmakers of the world. We seed the clouds with stories that offer new ways of seeing things. We look into the shadows and behind forbidden doors and then scatter what we see in poems, songs, novels, paintings, plays, dances, films, symphonies or sculptures. We pull back the veil of collective denial and hypnosis to examine ourselves as we really are. Often, true art reminds us how beautiful we are and that the ancient story of love is alive and well, transforming everything it touches. Sometimes the story is not so pleasant, and it forces us to face cultural luggage we’d rather leave in the basement.

The story of peak oil and climate change is now turning the heady drama of the onward march of civilization into a farce which is spinning quickly toward tragedy.

Energy Bulletin

Posted on Monday, July 31 @ 05:00:47 PDT by waegari
 
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ARE We Out of Gas Yet?

 
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