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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: GM cancels healthcare
ohcomeon

Replies: 80
Views: 3107

PostForum: Economics & Finance   Posted: Wed Jul 16, 2008 9:34 am   Subject: Re: GM cancels healthcare
I feel for these people, but we've given corporations too much credit for having human qualities if we expect commitment from a group of people whose primary objective is to make money for themselves ...
  Topic: US inflation rate at 26-year high
ohcomeon

Replies: 27
Views: 857

PostForum: Economics & Finance   Posted: Wed Jul 16, 2008 9:27 am   Subject: Re: US inflation rate at 26-year high
Kingcoal,

Excellent post! You're dead on it, IMHO.

And Hopefull,

I'm with you on the airline tickets. Except I think all the numbers are cooked, not just the airline prices.
  Topic: "Oil drops by most in 17 years"
ohcomeon

Replies: 42
Views: 2469

PostForum: Current Events   Posted: Tue Jul 15, 2008 3:53 pm   Subject: Re: "Oil drops by most in 17 years"
The funny thing is, even after the "record drop" today, the price of a barrel was still in the high 130's, and that was a record high just weeks back...

Maybe it's not a conspiracy. But some persp ...
  Topic: Homless in a Honda CR-V -- signs of trouble in suburbia
ohcomeon

Replies: 17
Views: 1114

PostForum: Americas Discussion   Posted: Fri Jul 11, 2008 7:37 pm   Subject: Re: Homless in a Honda CR-V -- signs of trouble in suburbia
I wonder how much better off that womman could be if she started to live like this since 18 or whenever she left parents.
She'd save a million bucks on rent/utilitiess/taxes, got used to it, and w ...
  Topic: Homless in a Honda CR-V -- signs of trouble in suburbia
ohcomeon

Replies: 17
Views: 1114

PostForum: Americas Discussion   Posted: Wed Jul 09, 2008 12:14 pm   Subject: Re: Homless in a Honda CR-V -- signs of trouble in suburbia
That's just sad... and so many are one or two paychecks from a crisis like this...

You're right. I think as time goes on we'll see more and more of this.

We are nice middle class folks, well ...
  Topic: They have no farking clue...
ohcomeon

Replies: 21
Views: 1512

PostForum: Current Events   Posted: Tue Jun 24, 2008 1:20 pm   Subject: Re: They have no farking clue...
Alteroego,

Dantes is by far more qualified.



Here! Here! I'll second that!
  Topic: The Oldest Tool You Own and Use
ohcomeon

Replies: 64
Views: 4334

PostForum: Planning For The Future   Posted: Mon Jun 23, 2008 6:01 pm   Subject: Re: The Oldest Tool You Own and Use
Well, not really handtools, but since I'm the woman of the house, these are my tools:

1. Cast iron frying pan (deep) which was my mom's and is about 50 years old. Still used daily.

2. Heavy t ...
  Topic: Why the prices of gas are so high, and how to fix it.
ohcomeon

Replies: 39
Views: 1700

PostForum: Economics & Finance   Posted: Mon Jun 23, 2008 2:35 pm   Subject: Re: Why the prices of gas are so high, and how to fix it.
Folks - beware.

This is a download, apparently of a Word document.

It may have malicious macros embedded. It may have images or links that facilitate tracking who and where you are.

SFU2236, ...
  Topic: North American Fuel Shortage Reports
ohcomeon

Replies: 225
Views: 41749

PostForum: Current Events   Posted: Sun Jun 22, 2008 11:44 am   Subject: Re: Empty pumps in Western Virginia and West Virginia
We do have stations in our area (Western NC/Piedmont NC) who are charging a different price if you use credit cards. That's not that unusual, since some franchises have always had a slight difference ...
  Topic: [Food] Production - Poultry (was Backyard Chickens)
ohcomeon

Replies: 507
Views: 70797

PostForum: Planning For The Future   Posted: Wed Jun 11, 2008 9:42 pm   Subject: Re: [Food] Production - Poultry (was Backyard Chickens)
SpringCreekFarm I am jealous! I wish for a large coop like that.

We are getting ready to put ours up this weekend probably but it's just a metal building... Right now I've 21 chicks, but I may be ...
  Topic: Timeline for Grocery store food shortages..........
ohcomeon

Replies: 22
Views: 2460

PostForum: Economics & Finance   Posted: Sat Jun 07, 2008 1:53 pm   Subject: Re: Timeline for Grocery store food shortages..........
Won't they "just" have to raise the prices, give more to the trucker or the trucking company to make it profitable again?
I think so, eventually. But it's going to come down to who wants to pony up ...
  Topic: Timeline for Grocery store food shortages..........
ohcomeon

Replies: 22
Views: 2460

PostForum: Economics & Finance   Posted: Sat Jun 07, 2008 1:42 pm   Subject: Re: Timeline for Grocery store food shortages..........
I have been looking for the paperwork on this stat: in the event of a truckers' strike, there is only three days worth of food in our supermarkets. Can anybody here refute this? I've been digging arou ...
  Topic: Hello.......
ohcomeon

Replies: 5
Views: 855

PostForum: Welcome   Posted: Sun May 25, 2008 10:03 pm   Subject: Re: Hello.......
Hi! Care to tell us a little about yourself?

And welcome!
  Topic: Today I made / bought / learnt .... (for a post oil world) 2
ohcomeon

Replies: 892
Views: 52552

PostForum: Planning For The Future   Posted: Wed May 21, 2008 10:33 am   Subject: Re: Today I made / bought / learnt .... (for a post oil worl
Drying Herbs today for storage.

Writing a curriculum so that's about all the prep stuff I can do today...
  Topic: US House is going to sue OPEC.
ohcomeon

Replies: 78
Views: 4316

PostForum: Current Events   Posted: Wed May 21, 2008 8:03 am   Subject: Re: US House is going to sue OPEC.
is funny, right? RIGHT? Mad[/quote
Yesterday when I posted it was a hysterical Laughing that I was doing. Today, it's embarrassing to think that this is the best our politicians can come up with. ...
 
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