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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: When will we next hit $100 exactly? Place your bet
sirrom

Replies: 14
Views: 1244

PostForum: Current Events   Posted: Wed Jan 09, 2008 11:40 am   Subject: Re: When will we next hit $100 exactly? Place your bet
i reckon on friday 11th jan
  Topic: There will be no oil shortage in free market economies
sirrom

Replies: 24
Views: 3124

PostForum: Peak Oil Discussion   Posted: Thu Dec 06, 2007 7:55 am   Subject: There will be no oil shortage in free market economies
i would just like to point out that there will be no widespread oil shortage in free market economies.

i seem to see lots of posts about rationing petrol/oil/oil products,but what people forget is ...
  Topic: Go organic to avert post-peak famine - Heinberg
sirrom

Replies: 61
Views: 4001

PostForum: Current Events   Posted: Thu Nov 29, 2007 11:14 am   Subject: Re: Go organic to avert post-peak famine - Heinberg
Heinberg argues that meat consumption will have to fall along with the human population, to ensure an adequate food supply.


has anyone ever tried to get people to give up or at least cut back on ...
  Topic: Fuel Poverty
sirrom

Replies: 23
Views: 2518

PostForum: Economics & Finance   Posted: Wed Nov 28, 2007 8:43 am   Subject: Re: Fuel Poverty
there's a good chance that my family will be in fuel poverty this year,providing the price of oil stays around the $90 mark.
  Topic: have you joined a facebook peak oil group?
sirrom

Replies: 4
Views: 1039

PostForum: Peak Oil Discussion   Posted: Mon Nov 19, 2007 8:02 am   Subject: have you joined a facebook peak oil group?
a great way of raising awarness of peak oil is through facebook beacause when you join a group it appears in your friends news feeds and they will see the magic words,

so have you joined one yet?
  Topic: Idea for keeping warm after PO
sirrom

Replies: 22
Views: 2693

PostForum: Planning For The Future   Posted: Thu Nov 15, 2007 4:10 pm   Subject: Re: Idea for keeping warm after PO
my suggestion,move somewhere where it doesn't get so cold.

it only gets down to -5 degrees in SE england,so if i had to go without heating i would just wear a coat indoors and rap a duvet around me ...
  Topic: [ecovillage]Join my ecovillage
sirrom

Replies: 97
Views: 9832

PostForum: Planning For The Future   Posted: Wed Nov 14, 2007 7:56 am   Subject: Re: [ecovillage]Join my ecovillage
i would join if people didn't eat meat,because that would just be a waste of land,water and energy.

thats why vegan food is so cheap(require's very little of everything to produce compared to meat)
  Topic: A call for energy (oil-related) investment ideas
sirrom

Replies: 3
Views: 641

PostForum: Economics & Finance   Posted: Mon Oct 22, 2007 4:56 am   Subject: Re: A call for energy (oil-related) investment ideas
the oil majors are still able to increse their production,so it's best to stick with them as they are going to be raking in more and more billions of dollars
  Topic: Oil royalty trusts?
sirrom

Replies: 7
Views: 1300

PostForum: Economics & Finance   Posted: Tue Oct 16, 2007 5:47 am   Subject: Re: Oil royalty trusts?
so can i buy them if i live i england or can only americans and canadians buy into royalty trusts?
  Topic: Another Record ($143.67)
sirrom

Replies: 2569
Views: 196885

PostForum: Current Events   Posted: Mon Oct 15, 2007 4:37 am   Subject: Re: Another Record
$84.33

http://www.321energy.com/charts/tmp/chart.jpg
  Topic: Another Record ($143.67)
sirrom

Replies: 2569
Views: 196885

PostForum: Current Events   Posted: Mon Oct 15, 2007 4:23 am   Subject: Re: Another Record
Light Sweet Crude Oil 05:00 am
$84.19 $0.28 0.333% 6085 (vl)

still going strong
  Topic: Oil royalty trusts?
sirrom

Replies: 7
Views: 1300

PostForum: Economics & Finance   Posted: Sat Oct 13, 2007 11:35 am   Subject: Oil royalty trusts?
is it worth investing in them?
i heard you can sometimes get dividends of 10%.

do you know of any that can be bought on the london stock exchange?
  Topic: Financial times mentions peak oil
sirrom

Replies: 2
Views: 791

PostForum: Current Events   Posted: Fri Oct 12, 2007 6:08 am   Subject: Financial times mentions peak oil
Oil and gas: ‘In a bit of a limbo phase’
By Dino Mahtani

Published: October 12 2007 06:00 | Last updated: October 12 2007 06:00

The sustainability of the global energy industry is increasingly ...
  Topic: Fuel shortage grips Nepal
sirrom

Replies: 10
Views: 1230

PostForum: Current Events   Posted: Mon Oct 08, 2007 7:51 am   Subject: Re: Fuel shortage grips Nepal
i prefer the smell of wood smoke to the smell of car exhausts
  Topic: Fuel shortage grips Nepal
sirrom

Replies: 10
Views: 1230

PostForum: Current Events   Posted: Mon Oct 08, 2007 5:56 am   Subject: Fuel shortage grips Nepal
http://www.youtube.com/watch?v=VrnN6GXO_aA

Fuel shortages are gripping Nepal, with motorists and taxi drivers forced to queue for hours to buy strictly rationed petrol.
The landlocked mountainous ...
 
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