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: May 26, 2004 Posts: 309 Location: Ontario, Canada
Posted: Tue Jun 08, 2004 8:20 pm Post subject:
How long does the stuff last? It's none too stable a chemical (hence it's disinfectant power), so do you know how long an unoped bottle will last? What about an opened one? _________________ "Our forces are now closer to the center of Baghdad than most American commuters are to their downtown office."
--Defense Secretary Donald Rumsfeld, April 2003
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
