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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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Britannia ruins the waves: how pollution and over-fishing are destroying sea lif
Enviromental Headlines; Climate ChangeFish are changing sex. Species are disappearing as breeding patterns collapse. The food chain is in chaos as temperatures rise, says the first ever major audit of the state of our seas. Severin Carrell reveals what ministers will say on Tuesday about the damage being done to British waters by industry and global warming


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Posted on Monday, February 28 @ 05:46:07 PST by stu
 
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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: Britannia ruins the waves: how pollution and over-fishing are destroying sea lif (Score: 1)
by simple33 on Monday, May 29 @ 11:44:47 PDT
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