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 28, 2008 Posts: 24 Location: east of west north of south
Posted: Mon Jun 23, 2008 5:16 pm Post subject: Re: The Oldest Tool You Own and Use
My great grandfathers broad axe and falling axe are the oldest.
My favorite though would be my grandfathers christmas tree axe,
I remember him using it into his eighties to trim his trees.
I still keep it almost shaving sharp
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