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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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Peakoil.com :: View topic - News Items - source country
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News Items - source country

 
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purdum
Tar Sands
Tar Sands


Joined: Feb 15, 2005
Posts: 29
Location: MI, USA

PostPosted: Wed May 03, 2006 6:38 am    Post subject: News Items - source country Add User to Ignore List Reply with quote

It would be really helpful if there were a way the reader could distinguish at a glance what country a particular news item was about. It isn't always obvious just reading the one or two paragraphs provided. For example, a headline that says "Gas Shortages - Lines at Pumps in Some Major Cities" and the text just describes people waiting in line to pump gas, but then I drill down through the screens to find myself at the Asian Times web site and an article on gas prices in Mongolia (just to make up an example). Nothing wrong with posting that, of course, but it might be better to have the contributing editors post the title as "Gas Shortages - Lines at Pumps in Some Major Cities [Mongolia]" or some such device.
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Aaron
800 lb Gorilla


Joined: Apr 15, 2004
Posts: 6324
Location: Houston

PostPosted: Wed May 03, 2006 6:55 am    Post subject: Re: News Items - source country Add User to Ignore List Reply with quote

That has merit... thanks.

And welcome to the site.
_________________
"We shall not cease from exploration
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time." - TS Eliot*
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bart
Intermediate Crude
Intermediate Crude


Joined: Aug 18, 2004
Posts: 694
Location: SF Bay Area, Calif

PostPosted: Wed May 03, 2006 6:57 am    Post subject: Re: News Items - source country Add User to Ignore List Reply with quote

While we're on the subject of the news...

1. I've noticed that the po.com news editors are really cooking! There's always a wide selection of news items these days.

2. It would be very handy if the news items summarized on the po.com home page would have the SOURCE of the article ... NY Times, Pravda, Reuters, etc.

I'm not sure if other people are as concerned about the source as I am, but to me it is key. There are some sources which I tend to trust, whereas others are wild cards.

Often the source gives the geographical information that purdum is looking for. For example, small local papers usually are about local events -- the Seneca Falls (NY) Post-Herald, for example.
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