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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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Canadians Support Higher Fuel Economy Standards as Top Measure to Counter Global
Enviromental Headlines; Climate ChangeGlobe and Mail. A Strategic Counsel survey for Canada’s The Globe and Mail and CTV found that higher fuel-economy standards and forcing consumers and industry to switch to alternative fuels rank No. 1 (86%) and No. 2 (80%) in terms of what Canadians are most likely to support to counter global warming.


greencarcongress
Posted on Wednesday, January 31 @ 20:27:20 PST by Waegari
 
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Most read story about Enviromental Headlines; Climate Change:
The Natural Gas Crisis: Greens Engineer Another Disaster
 
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