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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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California may ban conventional lightbulbs by 2012
Public Policy; Political and Legal NewsA California lawmaker wants to make his state the first to ban incandescent lightbulbs as part of California's groundbreaking initiatives to reduce energy use and greenhouse gases blamed for global warming.


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Posted on Wednesday, January 31 @ 01:48:53 PST by Waegari
 
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ARE We Out of Gas Yet?
 
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Enviromental Headlines; Climate Change

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