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: Aug 03, 2006 Posts: 3891 Location: Graceland
Posted: Mon Apr 14, 2008 3:07 pm Post subject: Re: Requesting your input...
steam_cannon wrote:
Shannymara wrote:
and sign up for the Doomers usergroup. All will be revealed.
If you're uber-doomer enough and it takes a day or so for approvals to
go though. The Doomer usergroup helps keep our cannibalism rituals
off the main page.
"I'm going, that's all there is to it, I'm f---ing going."
_________________ Our window of opportunity is slowly closing...at the same time, it probably requires a spiral of adversity. In other words, things have to get worse before they can get better.
-M. King Hubbert, 1983
Joined: Aug 03, 2006 Posts: 3891 Location: Graceland
Posted: Mon Apr 14, 2008 3:12 pm Post subject: Re: Requesting your input...
"Let me know if you need a hand getting me approved."
_________________ Our window of opportunity is slowly closing...at the same time, it probably requires a spiral of adversity. In other words, things have to get worse before they can get better.
-M. King Hubbert, 1983
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