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.
It has been a real problem to all the nations in the entire world. Day to Day the fuel prices is going up and up. Where is the end? Like all the nations have being kneel down in front of OPEC countrie ...
It has been a real problem to all the nations in the entire world. Day to Day the fuel prices is going up and up. Where is the end? Like all the nations have being kneel down in front of OPEC countrie ...
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