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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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Author Message
  Topic: Another Record ($147.27)
FireJack

Replies: 314
Views: 21174

PostForum: Current Events   Posted: Thu Jul 17, 2008 5:49 pm   Subject: Re: Another Record ($147.27)
I seem to recall many other times when the price of oil has dropped like this. Everytime there are claims that oil is going back to some much lower price and staying there but a month or 2 later were ...
  Topic: The Depletion of Forests
FireJack

Replies: 20
Views: 662

PostForum: Environment   Posted: Mon Jul 14, 2008 7:38 pm   Subject: Re: The Depletion of Forests
I have held the opinion that as oil depletes wood will be used more and more until there is nothing left. If we look at whats going on right now and follow it to its logical end then 200 years now w ...
  Topic: Matt Simmons uber doomer on CNBC
FireJack

Replies: 82
Views: 5421

PostForum: Current Events   Posted: Sun Jul 13, 2008 7:55 am   Subject: Re: Matt Simmons uber doomer on CNBC
I bet Matt has the knowledge and the inside info to see through all those bullshit multi-billion find oil field claims popping up every other day. Knowing that the actual amount taken from those field ...
  Topic: S. Korea to cut oil tax if oil hits $170
FireJack

Replies: 24
Views: 894

PostForum: Current Events   Posted: Sun Jul 06, 2008 6:18 pm   Subject: Re: S. Korea to cut oil tax if oil hits $170
Its really starting to come together. Prices have been relentlessly rising of late and all these people who have been trying to bunker down are starting to realize its just going to get worse. I'm bet ...
  Topic: Another Record ($147.27)
FireJack

Replies: 314
Views: 21174

PostForum: Current Events   Posted: Mon Jun 30, 2008 5:35 pm   Subject: Re: Another Record ($143.67)
For the record the current price of oil is $140.20. Lets see where it goes by the time this thread becomes too large.
  Topic: Balance; Living well vs survival?
FireJack

Replies: 28
Views: 1887

PostForum: Planning For The Future   Posted: Sat Jun 28, 2008 11:17 am   Subject: Re: Balance; Living well vs survival?
It doesn't have to be survival in the wilderness just getting used to losing what oil has given us. All your food will have to come locally (through yourself or someone nearby) and there will be littl ...
  Topic: Why Technology Will Solve Peak Oil in the End
FireJack

Replies: 750
Views: 21082

PostForum: Peak Oil Discussion   Posted: Sat Jun 21, 2008 8:15 am   Subject: Re: Why Technology Will Solve Peak Oil in the End
Over the years I have realized there is a difference between being optimistic and being delusional. I can say "everything is going to fall apart but I can make a good life for myself despite that" or ...
  Topic: Aviation Fuel price record
FireJack

Replies: 185
Views: 35329

PostForum: Current Events   Posted: Tue Jun 17, 2008 11:30 am   Subject: Re: Aviation Fuel price record
" 2. Deals-For-Meals. Planes will only carry one quarter of the meals and drinks required to serve all passengers. Attendants will then proceed to auction them off to the highest bidders."


I'm go ...
  Topic: Airline Bankruptcy/Merger/Layoffs Thread
FireJack

Replies: 320
Views: 22889

PostForum: Current Events   Posted: Tue Jun 17, 2008 7:58 am   Subject: Re: Airline Bankruptcy/Merger Thread
[url=http://www.reportonbusiness.com/servlet/story/RTGAM.20080617.waircanada0617/BNStory/Business/home]Air Canada slashes jobs, flights

"MONTREAL — Air Canadawill cut up to 2,000 jobs at the end of ...
  Topic: Gardeners, this is the starving time.
FireJack

Replies: 71
Views: 5471

PostForum: Planning For The Future   Posted: Fri Jun 13, 2008 1:33 pm   Subject: Re: Gardeners, this is the starving time.
There are also other people who might be able to help you. Once all the retards and useless people die off those who are left should be able to help out if your in trouble. It will be the one really g ...
  Topic: I want a homestead, wife wants noah's ark.
FireJack

Replies: 18
Views: 1419

PostForum: Planning For The Future   Posted: Wed Jun 11, 2008 9:51 pm   Subject: Re: I want a homestead, wife wants noah's ark.
Most of my family is obsessed with helping useless people, bunch of religious fundy's too. Not the hardcore type but why make big preparation when go will bring armageddon before things get too bad, o ...
  Topic: What if gasoline cost $10 a gallon (in the US) ?
FireJack

Replies: 46
Views: 2194

PostForum: Current Events   Posted: Sat Jun 07, 2008 10:29 pm   Subject: Re: What if gasoline cost $10 a gallon (in the US) ?
No mention of the specter of shortages just increased prices. I suspect that just when people are really starting to hurt shortages will appear and everything will accelerate. People who are expecting ...
  Topic: Today I made / bought / learnt .... (for a post oil world) 2
FireJack

Replies: 896
Views: 52995

PostForum: Planning For The Future   Posted: Thu May 29, 2008 1:14 pm   Subject: Re: Today I made / bought / learnt .... (for a post oil worl
Finally got some lime, dolomite lime used for construction but its something, $10 for 50kg of it so I'm happy. Got the fence up mostly but it continues to be very cold at night so I hav'nt planted muc ...
  Topic: Why must we endure 135 a barrel for oil, it IS unnecessary
FireJack

Replies: 57
Views: 3686

PostForum: Geopolitics   Posted: Sat May 24, 2008 2:56 pm   Subject: Re: Why must we endure 135 a barrel for oil, it IS unnecessa
I can see where you going, realistically we should be looking to replace oil but reduce the amount of energy we use. Rail systems, people not living 500 miles from where they work etc. People will ha ...
  Topic: The Spreading Food Crisis Thread (U.S. & World)
FireJack

Replies: 1480
Views: 61062

PostForum: Current Events   Posted: Fri May 23, 2008 9:26 am   Subject: Re: The Spreading Food Crisis Thread (U.S. & World)
Africans were doing just fine until westerners showed up. Their problems are due to us trying to force our way of life into a population and area that it doesn't work.
They need to be able to stand ...
 
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