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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
sicophiliac

Replies: 59
Views: 2693

PostForum: Current Events   Posted: Fri Jul 18, 2008 7:58 pm   Subject: Re: US electrical infrastructure near breaking point
Too bad the economic stimulus package did not address this issue, 150 billion could have gone a long way in upgrading and maintaining our electrical grid.
  Topic: Al Gore - Wants no FF for electric w/in 10 years . . .
sicophiliac

Replies: 107
Views: 3203

PostForum: Current Events   Posted: Thu Jul 17, 2008 5:30 pm   Subject: Re: Al Gore - Wants no FF for electric w/in 10 years . . .
While it is technically doable to ween our electrical grid off of fossil fuels 10 years is quite a short time frame to work with. The money, a sense of national urgency and unity and again THE MONEY w ...
  Topic: Speaker Pelosi says no to more offshore oil drilling
sicophiliac

Replies: 66
Views: 1337

PostForum: Current Events   Posted: Thu Jul 17, 2008 5:09 pm   Subject: Re: Speaker Pelosi says no to more offshore oil drilling
Nah we dont need more drilling, we can just drain the SPR and everything will be ok. Seriously though I am getting frustrated with the democrats on the energy issues, at least the neocons are addressi ...
  Topic: WTF I am now agreeing with Bush!!!
sicophiliac

Replies: 9
Views: 569

PostForum: Americas Discussion   Posted: Tue Jul 15, 2008 5:34 pm   Subject: Re: WTF I am now agreeing with Bush!!!
Just imagine say.. 10 years in the future.. boy how much we will have regretted draining the SPR back in 2008.
  Topic: WTF I am now agreeing with Bush!!!
sicophiliac

Replies: 9
Views: 569

PostForum: Americas Discussion   Posted: Tue Jul 15, 2008 5:08 pm   Subject: WTF I am now agreeing with Bush!!!
[url=http://www.reuters.com/article/domesticNews/idUSWAT00978720080715]link

Ok, so legislation to sue OPEC did not work, going after the speculator boogy men did nothing and now what are the incomp ...
  Topic: California to shame the owners of gas-guzzlers
sicophiliac

Replies: 46
Views: 1561

PostForum: Current Events   Posted: Thu Jul 10, 2008 10:51 pm   Subject: Re: California to shame the owners of gas-guzzlers
Do you really need to label a car to figure out its a gas guzzler or not?Do we have that many morons out there? HHHMMM lets see... something big, with a big engine and poor aerodynamics is generally g ...
  Topic: High Gas Prices Bring Support for Domestic Drilling
sicophiliac

Replies: 2
Views: 191

PostForum: Current Events   Posted: Tue Jul 08, 2008 4:53 pm   Subject: Re: High Gas Prices Bring Support for Domestic Drilling
Why is this an either or question ? I say do both. We will still need vast amounts of oil for the foreseeable future and there simple isn't any way around that no matter how idealistic some people are ...
  Topic: Final prep....Perimeter systems activated
sicophiliac

Replies: 2
Views: 591

PostForum: Planning For The Future   Posted: Mon Jul 07, 2008 7:59 pm   Subject: Re: Final prep....Perimeter systems activated
Are you the one who programmed that or did you just find the video on youtube?
  Topic: Some feedback on an idea for my place in Venezuela?
sicophiliac

Replies: 4
Views: 328

PostForum: Planning For The Future   Posted: Mon Jul 07, 2008 4:52 pm   Subject: Re: Some feedback on an idea for my place in Venezuela?
Gas it only 10 cents a gallon down there isn't it ? If I were I would be busy plowing through the rain forests in a nice big Hummer or Bronco.
  Topic: Man Hacks Mustang, Gets 100 Miles Per Gallon, Dates, Envy
sicophiliac

Replies: 19
Views: 1386

PostForum: Current Events   Posted: Mon Jul 07, 2008 4:49 pm   Subject: Re: Man Hacks Mustang, Gets 100 Miles Per Gallon, Dates, Env
Damn ! the article says its got 400 hp on tap too !!! I don't see how its possible to get that power and MPG in a basic ICE but hey if it works this guy deserves an engineering job at Ford ASAP.
  Topic: Bush Kills off Solar Energy Citing "Environmental"
sicophiliac

Replies: 58
Views: 2047

PostForum: Current Events   Posted: Sun Jul 06, 2008 8:25 pm   Subject: Re: Bush Kills off Solar Energy Citing "Environmental&q
By the way the decision by the Federal Land Bureau has been reversed as of last week. Check online.
  Topic: Paulson: US economy poised to strengthen by year end
sicophiliac

Replies: 8
Views: 749

PostForum: Peak Oil Discussion   Posted: Thu Jul 03, 2008 11:18 pm   Subject: Re: Paulson: US economy poised to strengthen by year end
Yeah maybe if this was your run of the mill bear market then yeah a rebound towards the end of the year would be likely, but as you all know this time the situation is quite a bit different. I am sure ...
  Topic: Environmental Services Industry Booming
sicophiliac

Replies: 5
Views: 421

PostForum: Environment   Posted: Thu Jul 03, 2008 4:11 pm   Subject: Re: Environmental Services Industry Booming
You guys might want to look into TMEN too for a stock play. They apparently have developed or so they claim at least some cutting edge clean coal/coal to liquids technology. They also have water sanit ...
  Topic: I see dead people.
sicophiliac

Replies: 57
Views: 2748

PostForum: Psychology   Posted: Wed Jul 02, 2008 5:37 pm   Subject: Re: I see dead people.
I can relate to what you say, I drive home from work out on the weekends and when me and my girlfriend go out to dinner sometimes I kind of pity some of these restaurant/small business owners knowing ...
  Topic: Saw A Vestas Wind Energy Commerical For First Time Today
sicophiliac

Replies: 6
Views: 429

PostForum: Energy Technology   Posted: Mon Jun 30, 2008 5:04 pm   Subject: Re: Saw A Vestas Wind Energy Commerical For First Time Today
Try their website: http://www.vestas.com
Plenty of video and presentations. It's an impressive company.

From what I have checked last time, you can gain exposure to them through some ETF's and mut ...
 
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