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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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Peakoil.com :: View Forum - Psychology
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Psychology
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No new posts Announcement: Psychology forum rules
0 Shannymara 131 Sun Jul 20, 2008 1:08 pm
Shannymara View latest post
No new posts Separating inner doom from outer doom
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24 Heineken 2298 Wed Jan 23, 2008 2:01 pm
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No new posts How does worrying help things?
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21 Ludi 2077 Sun Jan 20, 2008 10:24 pm
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No new posts Revenge
9 kevincarter 1497 Sun Jan 20, 2008 6:23 pm
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No new posts Non-doomers live longer - Research-based evidence
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45 Lumpy 4982 Wed Jan 02, 2008 9:41 pm
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No new posts A sub-type of Doomer
6 ColossalContrarian 1046 Wed Jan 02, 2008 11:01 am
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No new posts Why are you here?
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31 TheDude 3466 Mon Dec 31, 2007 7:08 pm
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No new posts [ Poll ] US: pride or love?
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27 Bas 1991 Fri Dec 28, 2007 8:42 am
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No new posts [ Poll ] "Relationship" with Boards
5 Lumpy 911 Wed Dec 26, 2007 10:20 pm
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No new posts Has PO strained your marriage/relationship?
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37 Ang 4539 Sun Dec 23, 2007 7:30 pm
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No new posts Why are so many cultural forms of bonding self-destructive?
10 Narz 1614 Sat Dec 22, 2007 4:49 am
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No new posts Thoughts on "self improvement"
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26 Narz 2629 Fri Dec 21, 2007 9:19 am
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No new posts The Kondratieff cycle
3 vision-master 1338 Thu Dec 20, 2007 10:52 pm
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No new posts When/If the crash happens, what will you miss?
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82 underdressed 14114 Thu Dec 20, 2007 12:53 am
dinopello View latest post
No new posts "End Times" Christian perspective vs. Permaculture
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57 Shannymara 4834 Wed Dec 19, 2007 5:54 pm
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No new posts Anyone lost a parent?
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51 frankthetank 639 Fri Dec 07, 2007 11:37 am
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No new posts How much suffering is enough?
8 Ludi 1044 Fri Nov 30, 2007 7:30 pm
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No new posts Peakoil.com and EnergyBulletin.net have peaked
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25 lorenzo 3534 Mon Nov 26, 2007 3:57 pm
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No new posts Why We Are Doomed
14 Aaron 2186 Wed Nov 21, 2007 3:47 pm
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No new posts Social Anxiety Disorder
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32 frankthetank 380 Sun Nov 18, 2007 9:51 am
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No new posts Doomer shrink: Panglossian Disorders and Their Subtypes
3 Zardoz 1162 Thu Nov 15, 2007 12:12 pm
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No new posts Being informed is too depressing for me!
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34 HamRadioRocks 6846 Tue Nov 13, 2007 5:53 pm
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No new posts The Long Goodbye - It's been nice knowing you, America
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66 Byron100 8798 Sun Nov 11, 2007 5:11 pm
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No new posts I can smell FEAR in you
1 ohanian 1130 Wed Nov 07, 2007 11:48 pm
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No new posts I need to ask you all for your help, advice and assistance..
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41 Judgie 4971 Wed Nov 07, 2007 8:07 pm
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No new posts Girlfriend wants to join the frickin defence force reserves!
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18 Judgie 2964 Tue Nov 06, 2007 5:25 pm
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The selected topics have been moved. Moved: Depression associating with watching some porn
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18 Tjena 1432 Sat Nov 03, 2007 5:35 pm
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No new posts i am looking forward to peak oil and it seems wrong
12 daniel347 1904 Wed Oct 31, 2007 1:23 am
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No new posts I think I can do this ...
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18 RedStateGreen 2585 Fri Oct 19, 2007 11:20 pm
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No new posts It's Losing, not Loosing!!
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72 thuja 11046 Thu Oct 18, 2007 11:59 pm
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No new posts Peak Oil - Death Threats
13 vision-master 2239 Tue Oct 16, 2007 7:09 pm
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No new posts Stress & Adrenal Fatigue - Essential Information for All
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30 mmasters 5119 Mon Oct 15, 2007 6:49 pm
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No new posts Does Colour Affect Your Word Recall?
0 PandaFi 636 Tue Oct 09, 2007 11:04 am
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No new posts US economic problems hit my US partner
6 julianj 2144 Sat Oct 06, 2007 4:34 am
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No new posts Why is negativity important to you?
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91 Ludi 10953 Fri Oct 05, 2007 3:20 am
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No new posts Collective Burn Out from PO
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46 mmasters 6165 Thu Oct 04, 2007 7:54 pm
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No new posts New relationships for a peaker mindset
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37 What_Went_Wrong 6336 Wed Oct 03, 2007 11:29 pm
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No new posts stock market hysteria
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26 coyotl 5290 Fri Sep 21, 2007 5:15 pm
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No new posts I had a stock market crash dream.
13 pstarr 2483 Thu Sep 20, 2007 1:32 am
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No new posts I’m selling my soul
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22 Grifter 5493 Fri Sep 14, 2007 11:31 pm
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No new posts Should the mentally ill own firearms?
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40 Ludi 5654 Tue Sep 11, 2007 11:41 am
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No new posts PO rookie...feeling the drag
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51 raober 8353 Sun Sep 02, 2007 2:59 pm
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No new posts Synesthesia
13 NEOPO 2630 Sat Sep 01, 2007 3:21 pm
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472 Ludi 36243 Wed Aug 29, 2007 4:30 pm
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No new posts Quotes About Homeownership
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15 emersonbiggins 2990 Sat Aug 25, 2007 10:55 am
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No new posts Coping with the stress
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21 wisconsin_cur 4411 Fri Aug 10, 2007 11:12 pm
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No new posts Countering the gloom
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25 asdar 4730 Thu Aug 09, 2007 12:14 pm
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No new posts Doomsday Simulations Help U.S. Gird for Hurricanes, Terroris
3 Ferretlover 1293 Wed Aug 08, 2007 3:52 am
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No new posts Calm before the Storm?
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32 NotMyBlood 6125 Sun Aug 05, 2007 9:12 pm
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No new posts Despair for loved ones who need the medical system to live
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15 What_Went_Wrong 3271 Fri Jul 27, 2007 3:54 am
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No new posts The true believer
2 kevincarter 1365 Mon Jul 23, 2007 12:58 pm
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