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.
Joined: Sep 30, 2005 Posts: 69 Location: Los Angeles
Posted: Tue Oct 04, 2005 4:52 pm Post subject: Biography threads -
Why do they just say "Biography?" Why not say what they are, "Biography - Matt Simmons?" _________________ The U.S. is the only country in the world that encourages people to drive themselves to work in Army vehicles.
Joined: Aug 13, 2004 Posts: 1173 Location: Richmond, VA, Pale Blue Dot
Posted: Tue Oct 04, 2005 5:06 pm Post subject: Re: Biography threads -
good idea. I'll do it. _________________ "If you are a real seeker after truth, it's necessary that at least once in your life you doubt all things as far as possible"-Rene Descartes
"When you have excluded the impossible, whatever remains however improbable must be the truth"-Sherlock Holmes
Joined: May 24, 2004 Posts: 1914 Location: Richland Center, Wisconsin
Posted: Tue Oct 04, 2005 5:38 pm Post subject: Re: Biography threads -
Ran out of time - was going to take care of it.
But, greatly appreciated.
I have to get around to all the other 'loose threads' that got dumped in there from each of the Authors sub-forae when they shut down. It's messy still. _________________ --------------------------------
| Whose reality is this anyway!? |
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(-------< Temet Nosce >-------)
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