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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 Confirms To Russia Secret Pact With Iran
virgincrude

Replies: 8
Views: 578

PostForum: Current Events   Posted: Fri Jul 18, 2008 9:28 am   Subject: Re: US Confirms To Russia Secret Pact With Iran
I don't know why the hype about some 'secret' diplomatic foot work, but in answer to your question Kevo, yes, we are most definately being had.

There's just too much bluster and fakery about the US ...
  Topic: Saudi Oil: A Crude Awakening on Supply?
virgincrude

Replies: 9
Views: 718

PostForum: Current Events   Posted: Sat Jul 12, 2008 1:27 am   Subject: Re: Saudi Oil: A Crude Awakening on Supply?
From the same source:
High Oil Prices: Hype's Impact

As we see, it's not hard to find cases of manipulation in the futures market, whether it is for oil, propane, or natural gas. Still, my positio ...
  Topic: Scientists to attempt to create black-holes
virgincrude

Replies: 46
Views: 2472

PostForum: Environment   Posted: Sat Jun 21, 2008 3:49 am   Subject: Re: Scientists to attempt to create black-holes
Black Holes, Unicorns, and All That Stuff
06/11/08 

The notion of black holes voraciously gobbling up matter, twisting space-time into contortions that trap light, stretching the unwary ...
  Topic: NATO faces critical battle in Afghanistan
virgincrude

Replies: 70
Views: 2216

PostForum: Geopolitics   Posted: Fri Jun 20, 2008 3:32 pm   Subject: Re: NATO faces critical battle in Afghanistan
Sorry Zardoz, I meant to say India's Muslim population is in fact greater than Pakistan's.


The figures of national and State-wise Muslim population are very much in demand for various reasons. Th ...
  Topic: Morgan Stanley Warns of "Catastrophic Event"
virgincrude

Replies: 7
Views: 1296

PostForum: Europe Discussion   Posted: Fri Jun 20, 2008 12:44 am   Subject: Re: Morgan Stanley Warns of "Catastrophic Event"
For those inclined......


[url=http://www.stoptrichet.com]Stop Trichet Raising rates
  Topic: Riots In Europe Over Oil
virgincrude

Replies: 33
Views: 1578

PostForum: Current Events   Posted: Thu Jun 19, 2008 10:10 am   Subject: Re: Riots In Europe Over Oil
Forgot to mention, this was all pretty much covered here:

[url=http://peakoil.com/fortopic41113-0-asc-90.html]Peak Oil
  Topic: Riots In Europe Over Oil
virgincrude

Replies: 33
Views: 1578

PostForum: Current Events   Posted: Thu Jun 19, 2008 9:58 am   Subject: Re: Riots In Europe Over Oil
Hey! That's MY LOCAL RIOT! The first shot is of downtown Almeria, where I was glad not to have wandered, the day the farmers decided to throw their aubergines at the local government office.

The pr ...
  Topic: NATO faces critical battle in Afghanistan
virgincrude

Replies: 70
Views: 2216

PostForum: Geopolitics   Posted: Thu Jun 19, 2008 2:12 am   Subject: Re: NATO faces critical battle in Afghanistan
Cid:India seems more interested in maintaining Musharraf in power. Perhaps they fear the unknown that comes with the opposition.

I would be interested in how India thinks it might 'help' Pakistan' ...
  Topic: NATO faces critical battle in Afghanistan
virgincrude

Replies: 70
Views: 2216

PostForum: Geopolitics   Posted: Wed Jun 18, 2008 12:44 pm   Subject: Re: NATO faces critical battle in Afghanistan
Quite a lot of scare mongering from the Indian press, only to be expected. From what I gather from family and friends on the ground, it is unlikely the Pakistani military will 'crumble'. Quite the op ...
  Topic: NATO faces critical battle in Afghanistan
virgincrude

Replies: 70
Views: 2216

PostForum: Geopolitics   Posted: Wed Jun 18, 2008 7:57 am   Subject: Re: NATO faces critical battle in Afghanistan
Cid, that whole report is just downright funny.


They expressed concern that instead of initiating an operation against the Taliban, the new government is negotiating peace with the militants, the ...
  Topic: NATO faces critical battle in Afghanistan
virgincrude

Replies: 70
Views: 2216

PostForum: Geopolitics   Posted: Tue Jun 17, 2008 11:23 pm   Subject: Re: NATO faces critical battle in Afghanistan
This fellow has the truth: OPEN WARFARE

The U.S. and its allies are edging into open warfare against Pakistan. The western occupation army in Afghanistan is unable to defeat Taliban fighters due to ...
  Topic: Today in Spain I got scared
virgincrude

Replies: 96
Views: 9230

PostForum: Peak Oil Discussion   Posted: Mon Jun 16, 2008 11:46 am   Subject: Re: Today in Spain I got scared
SoylentGreen: I could see fascism re-emerge in Europe.?


It never really went away, just changed its name: corporatism. If the EU simply ignores the Irish vote against the Lisbon 'constitution', t ...
  Topic: NATO faces critical battle in Afghanistan
virgincrude

Replies: 70
Views: 2216

PostForum: Geopolitics   Posted: Mon Jun 16, 2008 9:27 am   Subject: Re: Karzai Threatens To Invade Pakistan
You should take into account the fact that Karzai is the American stooge here, they've practically lost their stooge in Pakistan although I believe Azari, the de facto head of the fragile government ( ...
  Topic: Today in Spain I got scared
virgincrude

Replies: 96
Views: 9230

PostForum: Peak Oil Discussion   Posted: Mon Jun 16, 2008 9:21 am   Subject: Re: Today in Spain I got scared
Sorry Wisconsin, I don't see the relation .....
  Topic: Today in Spain I got scared
virgincrude

Replies: 96
Views: 9230

PostForum: Peak Oil Discussion   Posted: Mon Jun 16, 2008 4:46 am   Subject: Re: Today in Spain I got scared
I have no problem with Spaniards criticizing other Spaniards. Calling desperate fishermen and immigrants stupid because they did not know what cartonet says he knows, is not a criticism: it is an insu ...
 
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