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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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Peakoil.com Forum Index
Author Message
  Topic: US House is going to sue OPEC.
Benzin

Replies: 78
Views: 4316

PostForum: Current Events   Posted: Tue May 20, 2008 2:01 pm   Subject: Re: Congress votes to sue OPEC over high oil prices
This is the best they can do?
  Topic: A View As To Why We Are So Miserable And Unhappy.
Benzin

Replies: 52
Views: 639

PostForum: Psychology   Posted: Wed Apr 30, 2008 5:52 am   Subject: Re: A View As To Why We Are So Miserable And Unhappy.
75% of people working today are unhappy in their jobs. Money doesn't make you happy either. And ALMOST everyone agrees with this statement, yet we all strive to make more money!

Money doesn't buy ...
  Topic: Possibility of screen background change ?
Benzin

Replies: 1
Views: 544

PostForum: Suggestion Box   Posted: Wed Apr 23, 2008 12:47 am   Subject: Re: Possibility of screen background change ?
I agree. Darker themes are easier on the eyes. A computer screen is not like a sheet of paper.
  Topic: Delta CEO: fares need to rise
Benzin

Replies: 9
Views: 542

PostForum: Current Events   Posted: Wed Apr 23, 2008 12:04 am   Subject: Re: Delta CEO: fares need to rise
Fine with me. Last time I rode in an airplane was in the summer of 1998. I have no interest in ever flying again.

Let the "free market" do its work. Either way it's not going to last.
  Topic: THE Vermont Thread
Benzin

Replies: 70
Views: 4257

PostForum: Americas Discussion   Posted: Wed Mar 05, 2008 11:12 pm   Subject: Re: Vermont towns vote to arrest Bush and Cheney
Littering and.... littering and.... smokin' the reefer.

http://i135.photobucket.com/albums/q158/heathmun/mother-of-god.jpg
  Topic: THE Vermont Thread
Benzin

Replies: 70
Views: 4257

PostForum: Americas Discussion   Posted: Wed Mar 05, 2008 5:30 pm   Subject: Re: Vermont towns vote to arrest Bush and Cheney
Go Vermont! I'm sure the Super Troopers of the Vermont State Police will be ready!

http://i36.photobucket.com/albums/e13/dexdexterco/troopers.jpg
  Topic: How do post you tube videos?
Benzin

Replies: 11
Views: 2578

PostForum: Technical Support   Posted: Thu Sep 20, 2007 12:09 pm   Subject: Re: How do post you tube videos?
You mean post a video to youtube or how to post a video from youtube here?

And honestly, what is so bad about youtube? Hanging around here is enough to want to dull my senses, so what's wrong with ...
  Topic: Oil May Rise to $150 a Barrel, Ex-Shell Chairman Says
Benzin

Replies: 7
Views: 1716

PostForum: Current Events   Posted: Tue Sep 18, 2007 8:48 pm   Subject: Re: Oil May Rise to $150 a Barrel, Ex-Shell Chairman Says
Oil posted it's highest today at $82.22 USD. Yet I heard nothing from national media other than: fed cuts interest rate, stock market up, OJ in jail, kid at UFL get tased, and some girl from UK is st ...
  Topic: Oil May Rise to $150 a Barrel, Ex-Shell Chairman Says
Benzin

Replies: 7
Views: 1716

PostForum: Current Events   Posted: Tue Sep 18, 2007 8:24 pm   Subject: Oil May Rise to $150 a Barrel, Ex-Shell Chairman Says
Sept. 18 (Bloomberg) -- Crude oil prices may rise to $150 a barrel in the next 20 years because demand is growing in China and some other developing nations and reserves are dwindling, said the former ...
  Topic: THE New Orleans Thread
Benzin

Replies: 225
Views: 3646

PostForum: Americas Discussion   Posted: Fri Aug 31, 2007 1:31 pm   Subject: Re: New Orleans 2nd anniversary post-Katrina
Right now NO is living on a prayer. 'Nuff said.
  Topic: GM Volt Updates
Benzin

Replies: 30
Views: 2796

PostForum: Current Events   Posted: Mon Aug 20, 2007 11:26 pm   Subject: Re: GM Volt Updates

The new, 2007 Honda CR-V is more powerful, more stylish and more comfortable than the previous-generation 2006 models...

Car salesman?
  Topic: I wish peakoil.com would...
Benzin

Replies: 44
Views: 13564

PostForum: Suggestion Box   Posted: Tue Aug 07, 2007 10:14 pm   Subject: Re: I wish peakoil.com would...
I really think this place would benefit from a new forum system like vB or SMF. But with so much data I couldn't imagine trying to transfer it all - not even sure if it would work.
  Topic: CNN today: Why oil won't hit $100
Benzin

Replies: 36
Views: 3818

PostForum: Current Events   Posted: Tue Aug 07, 2007 1:40 pm   Subject: Re: CNN today: Why oil won't hit $100
I read it. Can't say I believe it. With huge demand destruction it may be possible to reach $20 a barrel but I doubt it.
  Topic: No use trying to spread the word now
Benzin

Replies: 82
Views: 10454

PostForum: Psychology   Posted: Thu Apr 26, 2007 7:22 pm   Subject: Re: No use trying to spread the word now
Someone once told me "Don't argue with a brick wall. In the end they're still a brick wall."

Might as well have some fun and burn some oil 'cause there's nothing stopping this train until its grin ...
  Topic: Peak Oil Chat?
Benzin

Replies: 20
Views: 6743

PostForum: Suggestion Box   Posted: Mon Feb 12, 2007 11:14 pm   Subject: Re: Peak Oil Chat?
I think a lot of people here are introverts - myself included. Sometimes TS can be a little scary. Shocked
 
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