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 May 23, 2008 9:10 am Post subject: PeakOil.com Website Slow?
Ummm... yeah, it is.
We have yet another server upgrade in the works to accommodate the increased traffic recently.
As painful as the slowness is, it's a sure sign of the growing awareness that something is rotten in Denmark. (Apologies to Denmark for the euphemism.)
In the past month:
441 new members registered.
433 News Submissions.
272,897 Visits
1,556,160 Pages Served
272,897 Visits
95,229 Absolute Unique Visitors
1,556,160 Pageviews
5.70 Average Pageviews
00:08:30 Time on Site
39.27% Bounce Rate
31.29% New Visits
We are crushing our old statistics with the recent avalanche of new and returning visitors.
So a big ole' welcome to all the new folks visiting, as well as returning members.
We are pleased to have you here, and very sorry about the reason why.
_________________ "We shall not cease from exploration
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time." - TS Eliot*
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