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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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Can Democracy Survive Without Fossil Fuels?
Public Policy; Political and Legal NewsIs it an accident that the great modern revolutions, both American and French, occurred shortly after James Watt vastly increased the efficiency of the steam engine? Recall that the steam engine's primary purpose at the time was to pump water out of coal mines. Its perfection ignited an industrial revolution built on fossil fuels. Those fuels also indirectly ignited huge social and political changes that included modern demands for greater equality and democracy. Can those values thrive without fossil fuels?

Ancient Athens was democratic long before fossil fuels were discovered. In reality, democracy depends on some energy source that makes it possible for citizens to have the time to govern themselves. The citizenry must also enjoy a rough equality that doesn't put some citizens so far above others as to threaten their solidarity. So, what was that energy source? Slaves.

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Posted on Wednesday, June 29 @ 19:38:04 PDT by Carrie
 
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Re: Can Democracy Survive Without Fossil Fuels? (Score: 1)
by alemoa on Wednesday, June 29 @ 19:50:09 PDT
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... Having fossil fuels doesn't mean that it will promote or aid "equality and democracy".... ask any Native American how they and THEIR LANDS AND RESOURCES were treated - second class citizenships...


I hope they finally get what they were due all along and that their settlement with the US gov't is accepted. That 27 Billion is a drop in the bucket compared to the billions of dollars wasted on weapons...


http://www.abqtrib.com/albq/nw_local/article/0,2564,ALBQ_19858_3871564,00.html


 




Re: Can Democracy Survive Without Fossil Fuels? (Score: 1)
by MicroHydro on Wednesday, June 29 @ 22:56:29 PDT
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We are modern now so instead of slaves there will be people who have to pay off their credit card debt, labor obligations sold on the open market.



Re: Can Democracy Survive Without Fossil Fuels? (Score: 1)
by Poordogabone on Thursday, June 30 @ 08:46:14 PDT
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Very pertinent comment, the question of PO and slavery is something to very seriously pay attention to,
everything should be done to avoid and reject such an easy way out.
Will greed prevail? if you think yes then slavery has a good chance for a come back post PO.




Re: Can Democracy Survive Without Fossil Fuels? (Score: 1)
by mississippimiami on Sunday, July 24 @ 13:50:07 PDT
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