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: Jan 13, 2006 Posts: 133 Location: toronto, not anymore
Posted: Thu Jul 12, 2007 8:55 am Post subject: Re: Heinberg Interview (video)
Keep going yeast.... keep going _________________ LOOKING FOR - new job - southern ontario - niagara area - message me if you have any ideas, suggestions
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