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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: US electrical infrastructure near breaking point
pstarr

Replies: 29
Views: 1194

PostForum: Current Events   Posted: Sat Jul 19, 2008 10:37 am   Subject: Re: US electrical infrastructure near breaking point
Texas citizens recently stopped construction of 8 coal plants. I wonder if they will prefer nuke plants in place of the coal plants? But I think only one new reactor is planned for Texas, possibly 2 ...
  Topic: There's plenty of oil left
pstarr

Replies: 33
Views: 1243

PostForum: Psychology   Posted: Sat Jul 19, 2008 9:57 am   Subject: Re: There's plenty of oil left
why do you waste your time here?
  Topic: US electrical infrastructure near breaking point
pstarr

Replies: 29
Views: 1194

PostForum: Current Events   Posted: Sat Jul 19, 2008 8:52 am   Subject: Re: US electrical infrastructure near breaking point
I think you are drastically overstating the impact of the "30 year life." That 30 years was a number picked, well 30 years ago, but probably has little current meaning. These plants undergo constan ...
  Topic: California oil spill truth
pstarr

Replies: 4
Views: 219

PostForum: Environment   Posted: Sat Jul 19, 2008 8:38 am   Subject: Re: California oil spill truth
If, as you obviously believe, peak oilers are such stupid environmentalists then why do you waste your time around here?

Shouldn't you be out tooling around in your big rig, or trolling for bass in ...
  Topic: Bush to speak on energy, economy - 7-15-08
pstarr

Replies: 63
Views: 1940

PostForum: Current Events   Posted: Thu Jul 17, 2008 11:13 pm   Subject: Re: Bush to speak on energy, economy - 7-15-08
Why am I not surprised that last years panacea was not mentioned once--ethanol. What will the next gimmick be after deep-water peters out? Didn't Bush mention oil shale in the talk? Bush knows the gam ...
  Topic: The Depletion of Forests
pstarr

Replies: 13
Views: 460

PostForum: Environment   Posted: Thu Jul 17, 2008 1:09 pm   Subject: Re: The Depletion of Forests
I see less forest damage post peak.

People today are not equipped to live in forests without cheap petroleum.

All modern industrial forestry whether in the tropics or north, depends on a lot of ...
  Topic: WTH is going on with the markets right now?
pstarr

Replies: 68
Views: 2508

PostForum: Economics & Finance   Posted: Thu Jul 17, 2008 12:32 pm   Subject: Re: WTH is going on with the markets right now?
It's the dot bank boom. Banks are the next big thing. You gotta get in because it's only a matter of time before banks turn a profit and once they start making money, there's going to be a Google ba ...
  Topic: There's plenty of oil left
pstarr

Replies: 33
Views: 1243

PostForum: Psychology   Posted: Thu Jul 17, 2008 12:23 pm   Subject: Re: There's plenty of oil left
Let's face it, the world's media have pretty much ignored the doomer positions, all of which are now incontravertibly supported by hard facts.

I'm prepared to be more optimistic, but first I have t ...
  Topic: Two big Hydrogen developments
pstarr

Replies: 21
Views: 870

PostForum: Energy Technology   Posted: Thu Jul 17, 2008 10:06 am   Subject: Re: Two big Hydrogen developments
this is actually an interesting idea first proposed by Amory B. Lovins and is the basis of his so-called "hydrogen economy." Hydrogen generated by electrolysis of H20 powered by sunlight, wind, waves ...
  Topic: Henry Kissinger and Colin Powell on board
pstarr

Replies: 39
Views: 1860

PostForum: Current Events   Posted: Wed Jul 16, 2008 3:03 pm   Subject: Re: Henry Kissinger and Colin Powell on board
Somebody needs to push those bastards off my life raft.
Not nice Pstarr. I will do some research to see if these two deserve such hateful condemnation.How's this for starters: while working for Pres ...
  Topic: Tackling the Cornucopians
pstarr

Replies: 60
Views: 2308

PostForum: Peak Oil Discussion   Posted: Wed Jul 16, 2008 1:27 pm   Subject: Re: Tackeling the Cornocopians
When I read 'metric' instead of 'measure' I sometimes want to gag.



Why?It's kind of like people saying 'methodology' instead of 'method,' showoffy, unnecessary, and is usually a sign the senten ...
  Topic: Henry Kissinger and Colin Powell on board
pstarr

Replies: 39
Views: 1860

PostForum: Current Events   Posted: Wed Jul 16, 2008 12:10 pm   Subject: Re: Henry Kissinger and Colin Powell on board
Wow, what a car wreck of a thread. Never mind...

I agree coyote. Personal biases, political beliefs, ideological view points......... cause some folks to call others names, disparage other points o ...
  Topic: Henry Kissinger and Colin Powell on board
pstarr

Replies: 39
Views: 1860

PostForum: Current Events   Posted: Wed Jul 16, 2008 11:44 am   Subject: Re: Henry Kissinger and Colin Powell on board
Wow, what a car wreck of a thread. Never mind...Sorry man Sad My hatred of Kissinger goes back a long long way. Furthermore and as far I can tell Powell's lied and people die.
  Topic: Tackling the Cornucopians
pstarr

Replies: 60
Views: 2308

PostForum: Peak Oil Discussion   Posted: Wed Jul 16, 2008 10:49 am   Subject: Re: Tackeling the Cornocopians
But I'll play along. Ok guys, about when is this "great die off" supposed to happen?When places at subsistence levels have double food prices? Like now?And what is the metric?When I read 'metric' inst ...
  Topic: Oil Prices Dropping
pstarr

Replies: 65
Views: 3123

PostForum: Peak Oil Discussion   Posted: Wed Jul 16, 2008 10:07 am   Subject: Re: Oil Prices Dropping
$130, $130, $130

Do I hear $100, $100, $100

Do I hear $80, going twice, Sold fo $80.

Was that a good price or not?

Fools don't know when to get out.Why not $40?

Why not $20 ...
 
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