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: Sep 11, 2007 Posts: 305 Location: In freefall speed right down to the claws of the devil
Posted: Mon May 26, 2008 6:28 pm Post subject: The political death of farc.Inc´s C.E.O.
Quote:
FARC Marulanda is dead...again? (updated II)
by rahul | May 24, 2008 at 02:51 pm | 405 views | 4 comments
FARC Marulanda is dead...again?
by rahul
updated 2 days ago | 17 views
FARC Marulanda is dead...again? (updated II)
by rahul
updated 1 day ago | 30 views
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UPTADES: On Sunday 25 May 2007, FARC made a public announcement by a video broadcasted by TELESUR confirming the death of Marulanda on 26 March due to heart attack. It also confirmed his post in the FARC Secretariat was filled by Alfonso Cano since his departure. This announcement ends speculation on the veracity of Marulanda´s death and its impact on the FARC Secretariat. Commenting on FARC recognition, Colombian Defence Minister Jose Manuel Santos stated that Marulanda´s death closes a chapter in that organization. Santos also asked FARC members to surrender and enter into civil life. French Minister of Foreign Affairs, Bernard Kouchner, welcomed the possibility of a FARC surrender and the liberation of its hostages. However, Kouchner warned against a violent military attack as it would joepardize the life of hostages.
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