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.
Posted: Wed May 03, 2006 6:38 am Post subject: News Items - source country
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.
Posted: Wed May 03, 2006 6:55 am Post subject: Re: News Items - source country
That has merit... thanks.
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Joined: Aug 18, 2004 Posts: 694 Location: SF Bay Area, Calif
Posted: Wed May 03, 2006 6:57 am Post subject: Re: News Items - source country
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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