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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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  Topic: The AGW argument doesn't matter anymore
clv101

Replies: 66
Views: 3883

PostForum: Environment   Posted: Tue Jan 15, 2008 7:27 am   Subject: Re: The AGW argument doesn't matter anymore
On the AGW argument, this Oil Drum article is relevant:

[url=http://europe.theoildrum.com/node/2559]Implications of "Peak Oil" for Atmospheric CO2 and Climate
  Topic: Brown solution to peak money, peak oil= NUKES!
clv101

Replies: 48
Views: 2922

PostForum: Current Events   Posted: Fri Jan 11, 2008 11:02 am   Subject: Re: Brown solution to peak money, peak oil= NUKES!
On Thursday 10th January 2008 Business Secretary John Hutton announced to MPs that he was giving the green light for new nuclear build in the UK. He is inviting energy companies to bring forward plans ...
  Topic: Uranium Supply
clv101

Replies: 1373
Views: 134562

PostForum: Energy Technology   Posted: Wed Jan 02, 2008 7:49 am   Subject: Re: Uranium Supply
In fact, Britain has just announced the first phase of a new reactor programme, which will renew and expand our nuclear capacity.

...not when you take into account the uranium-peak, the energy retu ...
  Topic: Fatih Birol Presents the IEA World Energy Outlook 2007
clv101

Replies: 1
Views: 762

PostForum: Peak Oil Discussion   Posted: Thu Dec 06, 2007 8:29 pm   Subject: Fatih Birol Presents the IEA World Energy Outlook 2007
"We are on the eve of a new world energy order."

"...we have oil production outside the core OPEC countries reaching a peak..."

"By 2015, an extra 37.5 mb/d of production will be required. ...23 ...
  Topic: Samsam Bakhtiari
clv101

Replies: 17
Views: 2565

PostForum: Current Events   Posted: Fri Nov 23, 2007 10:25 am   Subject: Re: Samsam Bakhtiari
..
  Topic: Samsam Bakhtiari
clv101

Replies: 17
Views: 2565

PostForum: Current Events   Posted: Fri Nov 23, 2007 10:21 am   Subject: Re: Samsam Bakhtiari
That's a shame. I didn't think we was that old? 61? Sad news indeed. He contributed a lot.
  Topic: THE Brazil Thread (merged)
clv101

Replies: 500
Views: 1518

PostForum: Americas Discussion   Posted: Thu Nov 22, 2007 4:15 am   Subject: Re: PetroBras Giant Light Oil Discovery
The Oil Drum: Tupi, the new kid in town Last week the name was Tupi, a field found by Petrobras in the Campos Basin off Brasil; with prospects of 5 to 8 Gb of intermedium gravity oil (28º API) and gas ...
  Topic: Climate Change – an alternative approach
clv101

Replies: 1
Views: 459

PostForum: Environment   Posted: Mon Nov 19, 2007 6:31 pm   Subject: Climate Change – an alternative approach
The key objective in the face of climate change is to reduce the atmospheric concentration of carbon dioxide from the combustion of fossil fuel.

The entire debate when it comes to fossil fuels and ...
  Topic: Britain should oppose binding target for renewable energies
clv101

Replies: 5
Views: 1417

PostForum: Europe Discussion   Posted: Tue Oct 23, 2007 7:14 am   Subject: Britain should oppose binding target for renewable energies
Energy: the fundamental unseriousness of Gordon Brown
http://europe.theoildrum.com/node/3126

The Guardian reports this morning on a private report to Gordon Brown that suggests that Britain should ...
  Topic: Peak Minerals
clv101

Replies: 16
Views: 2614

PostForum: Peak Oil Discussion   Posted: Mon Oct 15, 2007 7:06 am   Subject: Peak Minerals
Peak Minerals
http://europe.theoildrum.com/node/3086
Abstract: We examined the world production of 57 minerals reported in the database of the United States Geological Survey (USGS). Of these, we fo ...
  Topic: UK Government Response to Peak Oil Petition
clv101

Replies: 20
Views: 4025

PostForum: Peak Oil Discussion   Posted: Wed Oct 03, 2007 12:10 pm   Subject: UK Government Response to Peak Oil Petition
In an attempt to engage with the electorate, last year the UK Government launched an e-petitions service on their website. One petition focused on peak oil, it read:

We the undersigned petition the ...
  Topic: Peak Oil Authors Strahan & Clarke Exchange Letters
clv101

Replies: 6
Views: 1528

PostForum: Peak Oil Discussion   Posted: Mon Sep 03, 2007 5:22 pm   Subject: Peak Oil Authors Strahan & Clarke Exchange Letters
Earlier this year two books were published, http://www.theoildrum.com/files/Strahan-Clarke-books.png

In August David Strahan wrote an open letter to Duncan Clarke. It can be read [url=http://europ ...
  Topic: Sir David King’s View on Peak Oil
clv101

Replies: 1
Views: 1639

PostForum: Peak Oil Studies & Energy Reports   Posted: Wed Aug 01, 2007 5:17 am   Subject: Sir David King’s View on Peak Oil
Professor Sir David King, Chief Scientific Advisor to the UK Government since 2000 and former head of Cambridge University chemistry department has submitted a paper to the recently formed All Party P ...
  Topic: Russia warns UK of 'serious consequences'
clv101

Replies: 12
Views: 1707

PostForum: Current Events   Posted: Tue Jul 17, 2007 10:42 am   Subject: Re: Russia warns UK of 'serious consequences'
We don't get any natural gas from Russia and we intend on keeping it that way.
Where does all that gas from the Dutch and Belgium pipelines come from? Last I checked Belgium didn't extract much gas. ...
  Topic: Peak coal in just fifteen years?
clv101

Replies: 29
Views: 2573

PostForum: Current Events   Posted: Tue May 22, 2007 2:06 am   Subject: Re: Peak coal in just fifteen years?
Such an early coal peak has significant implications for climate change. The IPCC models are based on massive fossil fuel reserves. James Hansen has recently shown the limiting impact of oil and gas ...
 
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