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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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Old Articles
Wednesday, July 23
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· Costs of climate change, state-by-state: Billions, says UMD
· CFTC Report on High Oil Prices -''Speculation My A$$''
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· A Locally Grown Diet With Fuss but No Muss
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