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: Oct 16, 2004 Posts: 1333 Location: Appalachian Foothills of Virginia
Posted: Tue May 20, 2008 9:28 am Post subject: Re: Water
Welcome, LittleBoPeak. In this forum, we have a number of threads that have a wealth of information in them that can be accessed in the Planning Forum Index at the top of the thread list. Look there first before opening a thread, as you question will likely already be answered. If not, then you can ask the question there and the answers will be available for others to see.
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