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: Jun 06, 2005 Posts: 1223 Location: the place where smartasses dwell
Posted: Mon Mar 31, 2008 10:34 pm Post subject: topic review
nothing shows up in the topic review box lately when I go to post reply, anything I can do? _________________ It's the height of rudeness for the stretch polyester pants crowd to foist their tard version of Christ on talmudic scholars. But they don't get this, because they are, after all, extremely thick.----Threadbare
Joined: Apr 05, 2005 Posts: 1567 Location: Springsteen Country (NJ)
Posted: Mon Mar 31, 2008 11:26 pm Post subject: Re: topic review
Scroll down?
Sorry, I see it all the time. _________________ Joe P. United Political Debate
"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb
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