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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.

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Peak Oil Discussion
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No new posts Announcement: Peak Oil Discussion forum rules
0 Shannymara 84 Sun Jul 20, 2008 12:11 pm
Shannymara View latest post
No new posts Can't wait for the peak
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174 Cynus 21655 Tue Aug 17, 2004 11:22 pm
nero View latest post
No new posts Negotiating the American Way of Life
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45 tkn317071 6928 Tue Aug 17, 2004 10:11 pm
Leanan View latest post
No new posts Mother Of All Blackouts
4 OilsNotWell 1370 Tue Aug 17, 2004 8:01 am
Leanan View latest post
No new posts AAAS - Science Magazine
2 EnviroEngr 807 Tue Aug 17, 2004 6:55 am
Leanan View latest post
No new posts Creating a Post Peak Oil library
9 Vexed 1549 Mon Aug 16, 2004 4:39 pm
RunForTheHills View latest post
No new posts Crude hits $46/barrel
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19 Cynus 2735 Mon Aug 16, 2004 8:36 am
goldfishbowl42 View latest post
No new posts No-till farming conversion for the planet
7 JayHMorrison 1320 Sun Aug 15, 2004 2:54 pm
mrexcessive View latest post
No new posts [ Poll ] Should the ironically named all agree topic be moved?
10 OilBurner 1574 Sat Aug 14, 2004 3:22 pm
Cool Hand Linc View latest post
No new posts I think demand has outpaced supply, but not peak yet
2 Ayoob 911 Sat Aug 14, 2004 11:30 am
buster View latest post
No new posts Phil Jaylan of letsroll911.org speaks the truth
0 maestro 600 Sat Aug 14, 2004 9:09 am
maestro View latest post
No new posts Oil vs. GDP
6 smiley 1133 Fri Aug 13, 2004 1:25 pm
Soft_Landing View latest post
No new posts [ Poll ] Osama Bin Lotto
2 Metronome 799 Fri Aug 13, 2004 7:17 am
KiddieKorral View latest post
No new posts Evidence that they know?
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16 still 3692 Thu Aug 12, 2004 11:37 pm
buster View latest post
No new posts Lynch 1996 forecast
1 nero 780 Thu Aug 12, 2004 10:24 pm
trespam View latest post
No new posts where are the greens?
10 smiley 2960 Thu Aug 12, 2004 5:21 pm
thinkpeace View latest post
No new posts 2005
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24 smiley 4590 Thu Aug 12, 2004 11:33 am
RIPSmithianEconomics View latest post
No new posts Big-ups to admin
3 tkn317071 932 Thu Aug 12, 2004 10:32 am
PhilBiker View latest post
No new posts Reply to Big-ups to admin
4 Pops 1253 Thu Aug 12, 2004 4:11 am
smiley View latest post
No new posts The fundamnetal assumption
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46 Mower 9477 Wed Aug 11, 2004 11:41 pm
Simon View latest post
No new posts how to communicate
1 Pops 662 Wed Aug 11, 2004 7:00 pm
Aaron View latest post
No new posts When demand outstrips supply...
5 Ayoob 1361 Mon Jul 26, 2004 1:03 pm
goldfishbowl42 View latest post
No new posts Guess the menu
4 Aaron 1011 Mon Jul 26, 2004 12:30 pm
Aaron View latest post
No new posts Interesting Toronto Star article - Alberta tar sands.
5 Denny 1924 Mon Jul 26, 2004 12:10 pm
fecteau View latest post
No new posts Lance Armstrong and Peak Oil
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29 JayHMorrison 5910 Mon Jul 26, 2004 8:54 am
azreal60 View latest post
No new posts Saudi trend charts
0 Soft_Landing 685 Sun Jul 25, 2004 4:00 pm
Soft_Landing View latest post
No new posts Book Review: Energy at the Crossroads by Vaclav Smil
1 JLK 548 Sun Jul 25, 2004 10:34 am
Pops View latest post
No new posts Transportation energy efficiency
6 Denny 1275 Sun Jul 25, 2004 8:33 am
Denny View latest post
No new posts Found this poll on peoples opinion about how much oil we hav
9 Yamaha_R6 2607 Sun Jul 25, 2004 1:37 am
RIPSmithianEconomics View latest post
No new posts Did the forum shut down there for a while?
1 Yamaha_R6 672 Sat Jul 24, 2004 8:15 pm
Whitecrab View latest post
No new posts Numbers from Matt's homepage
13 Mark_i 4205 Fri Jul 23, 2004 1:20 pm
MattSavinar View latest post
No new posts I hope you all vote Green?
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34 goldfishbowl42 8126 Fri Jul 23, 2004 10:59 am
Whitecrab View latest post
No new posts long wait at the pump
8 tkn317071 2682 Fri Jul 23, 2004 7:45 am
OilBurner View latest post
No new posts Hydro electric plants
1 chris 1228 Fri Jul 23, 2004 6:31 am
PhilBiker View latest post
No new posts Predicting the future
11 Aldert 3126 Fri Jul 23, 2004 12:40 am
pea-jay View latest post
No new posts EROEI and doing grass! :-)
7 estatemaker 2080 Thu Jul 22, 2004 3:40 pm
estatemaker View latest post
No new posts The Falklands: on the tip of a giant oil sea?
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17 Mark_i 4893 Wed Jul 21, 2004 7:17 pm
KiddieKorral View latest post
No new posts the Amish... good life, and they use no oil.
13 Yamaha_R6 5523 Wed Jul 21, 2004 9:09 am
RIPSmithianEconomics View latest post
No new posts Another perspective on what will happen...
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40 RegGuheert 9555 Tue Jul 20, 2004 11:46 pm
Pops View latest post
No new posts Just saw End of Suburbia last night.
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32 Ayoob 8247 Tue Jul 20, 2004 9:30 pm
MattSavinar View latest post
No new posts U.S.A., debt and peak oil
4 big_rc 1458 Tue Jul 20, 2004 1:40 am
Mark_i View latest post
No new posts Valarie Plame tied to Peak oil?
8 Peachy 2738 Mon Jul 19, 2004 11:00 pm
WebHubbleTelescope View latest post
No new posts Interesting mathematical perspective
10 Chichis 2233 Mon Jul 19, 2004 6:08 pm
Soft_Landing View latest post
No new posts For the first time I am honestly scared.
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25 AA 6534 Sun Jul 18, 2004 11:23 pm
VMA131Marine View latest post
No new posts Population Control
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38 JayHMorrison 9189 Sun Jul 18, 2004 8:20 pm
Chichis View latest post
No new posts "to save all we must risk all"
1 Chicagoan 900 Sun Jul 18, 2004 1:23 pm
EnviroEngr View latest post
No new posts On the bright side...
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25 Aaron 5902 Sun Jul 18, 2004 4:30 am
JR View latest post
This topic is locked: you cannot edit posts or make replies. Peak oil is 1/2 true, 1/2 nonsense.
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62 kenbathrhume 20327 Sat Jul 17, 2004 6:58 pm
Pops View latest post
No new posts I have been lurking here but this is my first post & opi
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37 Yamaha_R6 10712 Sat Jul 17, 2004 8:01 am
Leanan View latest post
No new posts How to overcome NIMBYs?
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21 OilBurner 4319 Fri Jul 16, 2004 5:49 pm
gg3 View latest post
No new posts You can ask CBC TV to cover Peak Oil
5 dwenergyman 2361 Fri Jul 16, 2004 12:57 pm
dwenergyman View latest post
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