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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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Sydney dims lights to protest emissions
Enviromental Headlines; Climate ChangeSYDNEY, Australia - Australia's largest city dimmed on Saturday night as businesses and homeowners switched off the lights to draw attention to global warming.

The normally gleaming white sails of the Sydney Opera House darkened, and so did the iconic harbor bridge and chunks of the city skyline. Security and street lights, as well as those at commercial port operations, stayed on.


Throughout the city of about 4 million people, residents turned off the lights for one hour in an event organized by environmentalists and supported by Sydney city officials, the New South Wales state government and thousands of businesses.

Restaurants throughout the city announced candlelight-only specials, and families gathered in parks and other public places to take part in a countdown to lights out, sending up a cheer when the switch was flicked at 7:30 p.m. local time.

AP

Posted on Saturday, March 31 @ 11:31:26 PDT by Leanan
 
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Most read story about Enviromental Headlines; Climate Change:
The Natural Gas Crisis: Greens Engineer Another Disaster

 
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