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 06, 2006 Posts: 750 Location: Tustin, CA
Posted: Tue May 27, 2008 10:13 pm Post subject: Re: Coming Soon: "The Happening"
You need to get in tune with what this site is about. It's not interested in Siskel (he dead) and Ebert movie reviews! _________________ Skeptical scrutiny in both Science and Religion is the means by which deep thoughts are winnowed from deep nonsense-Carl Sagan
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