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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: U.S. highway fatalities down 9% thus far in 2008
kublikhan

Replies: 14
Views: 407

PostForum: Current Events   Posted: Wed Jul 23, 2008 10:47 pm   Subject: Re: U.S. highway fatalities down 9% thus far in 2008
The opposite is happening here in the real world. Rising prices make people consume more & drive their SUV's more. They want to get in more driving ahead of future higher prices.
Gas dropped 2 ...
  Topic: Anyone Here Ran vehicle on Alcohol
kublikhan

Replies: 9
Views: 319

PostForum: Energy Technology   Posted: Mon Jul 21, 2008 1:06 am   Subject: Re: Anyone Here Ran vehicle on Alcohol
I would not try it with a regular car unless it is a flex fuel car or you converted into flex fuel. Alcohol will eat through your seals.
  Topic: Zimbabwe introduces 100-billion-dollar note
kublikhan

Replies: 22
Views: 834

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 11:58 pm   Subject: Re: Zimbabwe introduces 100-billion-dollar note
Sweet! I just won on who wants to be a millionaire! Damn It! It's Zimbabwe money! It's only worth 50 cents Sad
  Topic: Housing & Economic Collapse - In Progress - #2
kublikhan

Replies: 1386
Views: 77170

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 10:42 pm   Subject: Re: Housing & Economic Collapse - In Progress - #2
Iaato posted this earlier, but here it is again:

Huh? So remember those 19 market-makers who the SEC was going to prevent naked shorting of?
"Here's The Deal
Anyone in the above list
  Topic: The TRUTH behind the increase!!!
kublikhan

Replies: 8
Views: 904

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 2:56 pm   Subject: Re: The TRUTH behind the increase!!!
Most other posters already said it. But dollar weakness and supply and demand fundamentals together are kicking oil higher.
  Topic: Housing & Economic Collapse - In Progress - #2
kublikhan

Replies: 1386
Views: 77170

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 2:29 pm   Subject: Re: Housing & Economic Collapse - In Progress - #2
Stopping an illegal practice is hardly capital control.
The risk of these criminals taking their business elsewhere - NIL. Naked shorters haven't contributed anything and therefore nothing lost. In ...
  Topic: Zimbabwe introduces 100-billion-dollar note
kublikhan

Replies: 22
Views: 834

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 12:41 am   Subject: Re: Zimbabwe introduces 100-billion-dollar note
If you have 15 million percent inflation, what is the point of understating it?
"Oh, inflation is only 2.2 million this month? Phew, I thought we had a problem."
  Topic: Powering Down to Core Consumption
kublikhan

Replies: 513
Views: 10018

PostForum: Peak Oil Discussion   Posted: Sat Jul 19, 2008 10:49 pm   Subject: Re: Powering Down to Core Consumption
GDP, and the people it employs, knows not from waste to useful goods to Katrina disasters. If I decide to have crude oil bonfires every night, I am increasing GDP by buying oil. However I could increa ...
  Topic: U.S. Fuel Use Drops Most in 17 Years
kublikhan

Replies: 7
Views: 492

PostForum: Current Events   Posted: Fri Jul 18, 2008 2:25 pm   Subject: Re: U.S. Fuel Use Drops Most in 17 Years
we'll never see oil in single digits again. Really going on a limb with that prediction Smile
  Topic: Investors Riot in Pakistan Over falling markets
kublikhan

Replies: 9
Views: 499

PostForum: Economics & Finance   Posted: Fri Jul 18, 2008 1:37 pm   Subject: Investors Riot in Pakistan Over falling markets
I thought this was funny:
In Pakistan on Thursday, more than 200 protestors attacked the Karachi Stock Exchange, the country's main equity market, and demanded a temporary closure of the market to c ...
  Topic: Powering Down to Core Consumption
kublikhan

Replies: 513
Views: 10018

PostForum: Peak Oil Discussion   Posted: Fri Jul 18, 2008 11:23 am   Subject: Re: Powering Down to Core Consumption
Al this talk of cutting "waste".... Rolling Eyes
GDP, and the people it employs, knows not from waste to useful goods to Katrina disasters. Well, there is still some waste. If I drive slower the only one h ...
  Topic: Powering Down to Core Consumption
kublikhan

Replies: 513
Views: 10018

PostForum: Peak Oil Discussion   Posted: Thu Jul 17, 2008 4:28 pm   Subject: Re: Powering Down to Core Consumption
Many business and local economies count on the busy summer driving season for the bulk of their yearly income.
Not just car sales, "changing driving patterns, driving slower, chain trips together, et ...
  Topic: Powering Down to Core Consumption
kublikhan

Replies: 513
Views: 10018

PostForum: Peak Oil Discussion   Posted: Thu Jul 17, 2008 3:01 pm   Subject: Re: Powering Down to Core Consumption
OK, dad..why don't you blaze that trail for the rest of us then? I thought I just did. The money and energy to build a bus is the least of our worries. How about worry more about the massive unemploym ...
  Topic: Powering Down to Core Consumption
kublikhan

Replies: 513
Views: 10018

PostForum: Peak Oil Discussion   Posted: Thu Jul 17, 2008 2:34 pm   Subject: Re: Powering Down to Core Consumption
Now...where's the money and energy going to come for constructing all these new busses? I was hoping to stay on topic :/ I get that you have a hard-on for the doomer porn that is spewed forth here, bu ...
  Topic: Powering Down to Core Consumption
kublikhan

Replies: 513
Views: 10018

PostForum: Peak Oil Discussion   Posted: Thu Jul 17, 2008 2:07 pm   Subject: Re: Powering Down to Core Consumption
Now, let's get this thread back on track. Agreed, this thread is starting to stray.

Without a major upheaval in society with regards to how we do things, just have far can we pare down and keep thi ...
 
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