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: Mar 11, 2008 Posts: 2 Location: North Carolina
Posted: Thu Apr 24, 2008 8:58 pm Post subject: Review of "After The Peak"
"After the Peak" is a short film dramatizing the effect of peak oil on a single community in North Carolina. There was a review written by Mick Winter of DryDipstick.com recently posted on Energybulletin.net, here:
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