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: Tue Jun 27, 2006 6:58 am Post subject: Hey everyone
I am making plans very very soon to be moving to Houston, and I would love more than anything to get more involved with this effort. Please let me know what I can do!
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