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: Tue Jan 01, 2008 8:50 pm Post subject: Re: Should PeakOil.com Endorse Ron Paul for Prez?
Ron Paul sounds like the best candidate for the job from what I've seen. Heard him the other day on TV.
But Ron Paul can't fix us...we are screwed unless we come up with new energy sources that replace our rapidly declining fossil fuel sources.
And the new sources must replace the old very closely in order to keep the status quo AKA retirement fund from tanking - which is what fuels much of the governments agenda.
That is why the government hides so much...it would raise hell with the Dow.
Now, if Ron Paul wants to take our hand and restructure the US and downsize us to live within our means, he may be the right man for the job.
But again, that job is almost an impossibility no matter who the Pres is.
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
