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: Fri Oct 05, 2007 3:20 am Post subject: Re: Why is negativity important to you?
What I find most draining (and I assume I am not the only one) is the fact that each and everyone of us is forced to be an accountant these days.
Money management (in all its variations) seems to set the tone on a positive or negative outlook.
Has it always been that way historically? Certainly not, money is only a couple thousand years old and a demonstrates an intelligent extension of traditional interactions between individuals or groups of individuals.
It is somewhat bothersome however to ultimately be at the mercy of the most effective accountants (which does not mean that I have an issue with bankers, the opposite is the case).
All times are GMT - 6 Hours Goto page Previous1, 2, 3, 4, 5, 6, 7
Page 7 of 7
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
