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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: Prospects for Deep Water Oil
dorlomin

Replies: 9
Views: 408

PostForum: Energy Technology   Posted: Wed Jul 16, 2008 10:32 am   Subject: Re: Prospects for Deep Water Oil
Would I be wrong in thinking that the abysall plain would tend to be lacking in cap rock type formations to trap any oil? Also the Atlantic would mostly be too young for the Mid-Cretatious and Upper-J ...
  Topic: Housing & Economic Collapse - In Progress - #2
dorlomin

Replies: 1295
Views: 72037

PostForum: Economics & Finance   Posted: Tue Jul 15, 2008 12:35 pm   Subject: Re: Housing & Economic Collapse - In Progress - #2
In a stark reminder of just how dicey bottom-picking can be, Bloomberg reminded us that private-equity firm TPG led a consortium of investors in providing the bank with $7 billion in much-needed cash ...
  Topic: If american economy crashes?
dorlomin

Replies: 30
Views: 1624

PostForum: Economics & Finance   Posted: Tue Jul 15, 2008 7:49 am   Subject: Re: If american economy crashes?
Life is always vastly more complex and unexpected than almost anyone imagines. The system is not static, if there is a severe crash in the stock market and a series of sympathetic bankruptcies running ...
  Topic: Housing & Economic Collapse - In Progress - #2
dorlomin

Replies: 1295
Views: 72037

PostForum: Economics & Finance   Posted: Mon Jul 14, 2008 10:34 am   Subject: Re: Housing & Economic Collapse - In Progress - #2
"Wash Mutual will have to add 'substanial' reserves: Lehman"

From market watch.
  Topic: Joining the military as a survival strategy
dorlomin

Replies: 25
Views: 943

PostForum: Planning For The Future   Posted: Mon Jul 14, 2008 6:31 am   Subject: Re: Joining the military as a survival strategy
As a stratagy it has a good redundancy in case of variable outcomes built into it, I mean that if PO is just a long recession for the next ten years youve got a job, pay etc etc. If it all does go to ...
  Topic: 'Lights will go out' by 2015 if Lords rejects Planning Bill
dorlomin

Replies: 7
Views: 466

PostForum: Europe Discussion   Posted: Mon Jul 14, 2008 2:58 am   Subject: Re: 'Lights will go out' by 2015 if Lords rejects Planning B
"Load shedding" "Brown Outs" welcome to the future.... the 1970s.

So Maggie how did the dash for gas work out then?
  Topic: The Spreading Food Crisis Thread (U.S. & World)
dorlomin

Replies: 1480
Views: 60050

PostForum: Current Events   Posted: Mon Jul 14, 2008 2:24 am   Subject: Re: The Spreading Food Crisis Thread (U.S. & World)

This thread is so much fun. :)prick.
  Topic: Record Ice Loss in Arctic 2008
dorlomin

Replies: 168
Views: 9842

PostForum: Environment   Posted: Sun Jul 13, 2008 3:31 pm   Subject: Re: Record Ice Loss in Arctic 2008
it reminds me of something one might see on Psilocybin.
  Topic: Record Ice Loss in Arctic 2008
dorlomin

Replies: 168
Views: 9842

PostForum: Environment   Posted: Sun Jul 13, 2008 10:39 am   Subject: Re: Record Ice Loss in Arctic 2008
http://news.bbc.co.uk/1/hi/sci/tech/7503060.stm


Twenty Russian scientists are to be evacuated from their camp on a drifting ice-floe in the Arctic after it started disintegrating sooner than expe ...
  Topic: Future of science
dorlomin

Replies: 8
Views: 392

PostForum: Economics & Finance   Posted: Sat Jul 12, 2008 3:58 pm   Subject: Re: Future of science
Hi, are there scientists?
What do you think will be your future? Will you still work in science or
will you rather repair shoes?
Will there be money to pay mathematicians, physicists etc.?Its kinda ...
  Topic: Arctic volcanos.
dorlomin

Replies: 8
Views: 427

PostForum: Environment   Posted: Sat Jul 12, 2008 3:01 pm   Subject: Arctic volcanos.
So like can a volcano melt the arctic ice cap?
The arctic ocean has an area of about 14 million km^2 and a depth on average of around 1km (not too accurate a figure) so a volume of around 14 million ...
  Topic: Matt Simmons uber doomer on CNBC
dorlomin

Replies: 82
Views: 4994

PostForum: Current Events   Posted: Sat Jul 12, 2008 2:51 pm   Subject: Re: Matt Simmons uber doomer on CNBC
That was very subtly stunning to watch.

Simmons has the one qualification those people totaly respect, he has a stratagy to make money out of the current situation. He has been on those shows as th ...
  Topic: Housing & Economic Collapse - In Progress - #2
dorlomin

Replies: 1295
Views: 72037

PostForum: Economics & Finance   Posted: Sat Jul 12, 2008 1:45 pm   Subject: Re: Housing & Economic Collapse - In Progress - #2

Which definition of "communism" are you all talking about? You seem to be talking about very different things.

http://www.merriam-webster.com/dictionary/communism


A totalitarian system of g ...
  Topic: Simmons really IS a doomer
dorlomin

Replies: 19
Views: 1246

PostForum: Current Events   Posted: Fri Jul 11, 2008 4:28 am   Subject: Re: Simmons really IS a doomer
If Matthew Simmons were posting here anonymously and made a few threads about biofuels or wave energy, you can bet your ass he'd be run out of PO.com on his ear. He's only lauded when he doesn't menti ...
  Topic: Record Ice Loss in Arctic 2008
dorlomin

Replies: 168
Views: 9842

PostForum: Environment   Posted: Thu Jul 10, 2008 4:52 pm   Subject: Re: Record Ice Loss in Arctic 2008
http://iup.physik.uni-bremen.de:8084/amsr/amsre.html


http://i39.photobucket.com/albums/e178/dorlomin/arctic_AMSRE_nic2.png
http://i39.photobucket.com/albums/e178/dorlomin/arctic_AMSRE_nic.png
...
 
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