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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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Coal plant pollution threatens U.S. parks - report
Public Policy; Political and Legal News U.S. regulators are proposing to weaken air quality laws, which would allow new coal-fired power plants to pollute U.S. parks from Shenandoah in Virginia to the Great Basin in Nevada, a new report said on Thursday.

Amid rising power demand and flat U.S. natural gas output, electricity generators are seeking to build power plants fired by abundant coal.

The fuel is cheap compared with other fossil fuels, but emits more pollutants, such as mercury and smog components sulfur dioxide and nitrogen oxides, as well as the greenhouse gas carbon dioxide.

"President George Bush's administration is responding to this growing threat to our national parks by seeking to weaken and rewrite the laws that protect national park air quality," Mark Wexler, the clean air director for the National Parks Conservation Association, a Washington-based advocacy group, said by telephone.

Reuters

Posted on Friday, May 16 @ 12:01:35 PDT by waegari
 
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ARE We Out of Gas Yet?

 
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