Peak Oil News
Pro4xMentor.com

 
  Login or Register
 
Menu
 News
 Search
 Topics
 Stories Archive
 Submit News
 Discussions
 Code of Conduct
 Forums
 Forums Search
 Last 24 Hours
 PO 24hrs
 Peak Blog
 Resources
 About Us
 Downloads
 Web Links
 PeakWiki
 PeakPortal
 Focus Search
 Peak TV
 Peak Gear
 Members
 Your Account
 Members List
 Ignore List
 JOIN!
 Private Messages
 
Light Sweet Crude Oil
 
google
 
PeakSpeak
NICKNAME

Download TeamSpeak
What is PeakSpeak?
Peak Oil on IRC
 
Member Quotes
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.

smallpoxgirl

Suggest Quote
 
Photo Album
Submit Photo
Peakoil.com is You!


member photos
 
Declining US gasoline stockpiles drives prices higher
Consumption; Demand; PricesMJ writes: Gasoline demand is up, but stock levels are similar to year-ago levels, despite crude oil stocks being at their highest levels for almost three years.

The Organisation of the Petroleum Exporting Countries (Opec) increased oil supplies by 500,000 barrels a day to 27.5 million barrels in mid-March.

But its president, Sheikh Ahmad al-Fahd al-Sabah, said last week he did not think further increases were needed before the third quarter.

BBC News
Posted on Thursday, March 31 @ 04:05:37 PST by BabyPeanut
 
Related Links
· More about Consumption; Demand; Prices
· News by BabyPeanut
Most read story about Consumption; Demand; Prices:
Forget About Cheap Oil
 
Article Rating
Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad
 
Options

 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend
 
Associated Topics

Production; Extraction; Exploration

"Login" | Login/Create an Account | 1 comment | Search Discussion
The comments are owned by the poster. We aren't responsible for their content.

No Comments Allowed for Anonymous, please register

Re: Declining US gasoline stockpiles drives prices higher (Score: 1)
by alabama94 on Wednesday, June 07 @ 05:52:22 PDT
(User Info | Send a Message)
group auction [kth.i24.pl].:. bi drop ship [kth.i24.pl].:. sex buyers [kth.i24.pl].:. gangbang online [kth.i24.pl].:. bisexuals sell [kth.i24.pl].:. webcams comprare [kth.i24.pl].:. stories auction sites [kth.i24.pl].:. celebrety shipped [kth.i24.pl].:. bondage shopping [kth.i24.pl].:. voyeur shipment [kth.i24.pl].:. cum shots on sale [kth.i24.pl].:. latin sells [kth.i24.pl].:. lesbo wholesale [kth.i24.pl].:. brother sister wholesale [kth.i24.pl].:. pregnant shops [kth.i24.pl].:.

Atom News FeedRSS 1.0 News FeedRSS 2.0 News FeedRSS Forums Feed