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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: Matt Simmons uber doomer on CNBC
crossthread

Replies: 82
Views: 4994

PostForum: Current Events   Posted: Sat Jul 12, 2008 12:24 pm   Subject: Re: Matt Simmons uber doomer on CNBC
Thanks Leanan, for posting this..
+1 and Lots for Karma.. eusa_dance

I'm posting it on Local Boards I frequent...
I agree, everyone is still in a state of Denial...
Some of ya'll ...
  Topic: Another find.. Fresh oil and gas find in Brazil: (updateing)
crossthread

Replies: 138
Views: 11472

PostForum: Current Events   Posted: Mon Jul 07, 2008 1:12 pm   Subject: Re: Another find.. Fresh oil and gas find in Brazil: (update
Petrobras (PBR) to Pump First Pre-Salt Oil in September

Brazil's state-run oil firm Petroleo Brasileiro SA (PBR) in September plans to start its first production from a field in the so-called pre- ...
  Topic: Mexican Army and their violence appears in Phoenix...
crossthread

Replies: 13
Views: 1053

PostForum: Americas Discussion   Posted: Sat Jun 28, 2008 3:36 am   Subject: Re: Mexican Army and their violence appears in Phoenix...
Mexico just recieved 400 Million too *fight* the Drug War, No strings Attached...


Mexico gets drug-war money despite abuses
Some criticize U.S. for not requiring military to clean up its act

...
  Topic: GM, Ford, and Chrysler Death Watch Thread
crossthread

Replies: 120
Views: 7119

PostForum: Current Events   Posted: Fri Jun 27, 2008 12:31 pm   Subject: Re: GM, Ford, and Chrysler Death Watch Thread
U.S. stocks fell sharply Thursday with the blue-chip index enduring its worst June so far since 1930, and plunging to its lowest finish since Sept. 11, 2006, after getting slammed hard as crude soared ...
  Topic: Another Record ($143.67)
crossthread

Replies: 2569
Views: 196126

PostForum: Current Events   Posted: Fri Jun 27, 2008 12:23 pm   Subject: Re: Another Record ($142.83)
Ditto same here..
These NO Speculating involved...
Until you can PHYSICALLY take the Oil off the Market, theres No Speculation..
Supply Demand Issue..
Watch What R.S. says in the last 5 minutes of ...
  Topic: Scientists to attempt to create black-holes
crossthread

Replies: 46
Views: 2472

PostForum: Environment   Posted: Sun Jun 22, 2008 4:28 am   Subject: Re: Scientists to attempt to create black-holes
Over 20 years ago I read a science fiction book about this very thing, sorry I cannot remember the name. A small man-made black hole running loose around the world, gobbling things up.
Funny how real ...
  Topic: Good Little Video Segment from CNBC
crossthread

Replies: 2
Views: 308

PostForum: Current Events   Posted: Tue Jun 03, 2008 9:30 am   Subject: Re: Good Little Video Segment from CNBC
Dern it I just smubmitted as News..
Can't get more mainstream than that..
  Topic: Boat owners feeling pain at the pump
crossthread

Replies: 39
Views: 2132

PostForum: Current Events   Posted: Sat May 24, 2008 6:09 am   Subject: Re: Boat owners feeling pain at the pump
The next big thing in boating.
<snip>Oh, I do have a boat. It's a 15" 1960 (speedboat/ hand layed fiberglass) with a 1963 40hp Big twin. ele start without a charging system. I got $500 into he ...
  Topic: Drilling in currently off-limits areas of the US
crossthread

Replies: 40
Views: 2781

PostForum: Americas Discussion   Posted: Mon May 05, 2008 7:39 am   Subject: Re: Drilling in currently off-limits areas of the US
A number of exploratory wells were drilled off of the southeast coast back in the 1980's. What was or was not found was not publicized.

TF
Drilling was done off the Coast of NC, around Cape Hatte ...
  Topic: Bakken (U.S.) formation oil discovery - 4 billion barrels
crossthread

Replies: 823
Views: 33881

PostForum: Current Events   Posted: Mon May 05, 2008 6:42 am   Subject: Re: Bakken (U.S.) formation oil discovery - 4 billion barrel
If it is possible to build a petroleum-free car, it is also possible to build other machines which don't require petroleum.Has a car been built without the use of any petroleum? Can you give links?
...
  Topic: Drilling in currently off-limits areas of the US
crossthread

Replies: 40
Views: 2781

PostForum: Americas Discussion   Posted: Sat Apr 26, 2008 11:30 pm   Subject: Re: Drilling in currently off-limits areas of the US
A number of exploratory wells were drilled off of the southeast coast back in the 1980's. What was or was not found was not publicized.

TF
Drilling was done off the Coast of NC, around Cape Hatte ...
  Topic: Dear Fellow PO'ers I NEED Help!!!!
crossthread

Replies: 4
Views: 633

PostForum: Peak Oil Discussion   Posted: Mon Apr 14, 2008 7:38 pm   Subject: Dear Fellow PO'ers I NEED Help!!!!
I'm having a heated discussion with this fellow in My Local On-line Forum in My Local Paper..
He does have a site talking about 300 MPG cars *running on water*..
Talking about Hydrocarbons on Titan. ...
  Topic: PEAK PORK!
crossthread

Replies: 8
Views: 1741

PostForum: Asia Discussion   Posted: Sat Feb 02, 2008 9:34 pm   Subject: PEAK PORK!
A new breed of criminal has emerged in China: "pigjackers." Soaring pork prices in the People's Republic have sent thieves roaring off with truckloads of hogs—and sometimes with smaller hauls, as was ...
  Topic: Natural Gas/food ShortageIranians Starving/Freezing to Death
crossthread

Replies: 9
Views: 1086

PostForum: Current Events   Posted: Tue Jan 22, 2008 8:14 pm   Subject: Natural Gas/food ShortageIranians Starving/Freezing to Death
Ahmadinejad’s political image shivers in Iran
Cold-related deaths, food and gas shortages plague populist president
Quote:
More than 60 people have died in the cold, some because of gas shortages ...
  Topic: Conneticut State Legilature is Peak Aware - Are others?
crossthread

Replies: 1
Views: 1200

PostForum: Peak Oil Studies & Energy Reports   Posted: Tue Jan 15, 2008 12:28 pm   Subject: Re: Conneticut State Legilature is Peak Aware - Are others?
bump!
Should be *pinned!*...
 
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