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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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EPA: Diesel Pipeline Spills 1M Gallons
Enviromental Headlines; Climate Change
A broken pipeline has spilled as much as 1 million gallons of diesel fuel into Suisun Bay, which feeds into San Francisco Bay.

ABC News
Posted on Thursday, April 29 @ 21:48:31 PDT by admin
 
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Most read story about Enviromental Headlines; Climate Change:
The Natural Gas Crisis: Greens Engineer Another Disaster
 
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Re: EPA: Diesel Pipeline Spills 1M Gallons (Score: 1)
by condensible13 on Tuesday, May 30 @ 09:46:10 PDT
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