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: Sun Jun 08, 2008 7:29 pm Post subject: Where did everybody go?
Just looked and ther are only 2 users online?
Did the world get Nuked and no one told me to bug out? _________________ You want to survive? Be willing to do what the other man won't!!
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