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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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Evergreen mill may test hydrogen technology
Hydrocarbon AlternativesEvergreen Pulp is aiming to be a proving grounds for technology that could wean it off natural gas and potentially produce hydrogen fuel, part of a push by the state to develop clean energy.


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Posted on Friday, March 30 @ 21:50:59 PDT by Waegari
 
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