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.
----- Original Message -----
From: <agoracosmopolite@on.aibn.com>
To: "bill payne" <bpayne37@comcast.net>
Sent: Tuesday, November 20, 2007 3:44 PM
Subject: Re: The U.S. neoconservative agenda to Sacrifice the Fifth Fleet - The New Pearl Harbor
> Dear Bill,
>
> You are welcome to submit a unique article on that critical issue.
>
> John Stokes
>
> The Canadian
>>
>> From: "bill payne" <bpayne37@comcast.net>
>> Date: 2007/11/20 Tue PM 02:36:56 EST
>> To: <editorial@agoracosmopolitan.com>
>> Subject: The U.S. neoconservative agenda to Sacrifice the Fifth Fleet - The New Pearl Harbor
>>
>> You might be interested in how the Iraq/Iran war got started.
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