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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 News: Forums

Peakoil.com :: View Forum - Europe Discussion
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Europe Discussion
Moderator: Bas

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No new posts Bigger carbon cut needed to avoid disaster
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16 Gridlock 2151 Fri Sep 15, 2006 6:34 pm
Gridlock View latest post
No new posts Blair says you're crazy if you don't love Bush
3 Zardoz 1110 Thu Sep 14, 2006 4:19 pm
Gridlock View latest post
No new posts Tomorrow the gov't comes to my house to cut my energy use
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18 lorenzo 3071 Thu Sep 14, 2006 5:39 am
EnergyUnlimited View latest post
No new posts Next Stop... GATTACA
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28 Aaron 4131 Wed Sep 13, 2006 6:55 am
ballad View latest post
No new posts UK EDF Gas&Electricity Prices to Rise
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31 PWALPOCO 4659 Thu Sep 07, 2006 4:46 pm
Richard View latest post
No new posts Farmers Markets this year?
8 lateStarter 1674 Sun Sep 03, 2006 3:38 am
lateStarter View latest post
No new posts What's up with France?
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36 lateStarter 6523 Thu Aug 31, 2006 9:47 am
davep View latest post
No new posts BBC story on Grain price increases in the UK
1 bellebouche 891 Tue Aug 15, 2006 10:45 pm
Zardoz View latest post
No new posts Soil Association Recognise Peak Oil, Who Else?
0 clv101 706 Sun Aug 13, 2006 3:51 am
clv101 View latest post
No new posts Are we in control of our countries?
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27 kevincarter 3034 Thu Aug 10, 2006 8:53 am
Heineken View latest post
No new posts UK: Would you steal food from allotments etc?
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49 SoothSayer 7245 Tue Aug 08, 2006 3:36 am
kevincarter View latest post
No new posts 'Analysis' on Radio 4 on Oil and Gas
0 cubes 835 Sat Aug 05, 2006 4:29 am
cubes View latest post
No new posts John Stossel's at it again...
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29 jeezlouise 5576 Wed Aug 02, 2006 7:17 pm
KhanCEO View latest post
No new posts Record Fuel Prices
9 clv101 1955 Fri Jul 28, 2006 12:18 am
clv101 View latest post
No new posts Best place in Europe Post-Peak.
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70 stu 16095 Thu Jul 27, 2006 2:08 pm
Cran View latest post
No new posts (UK) 'City faces meltdown if debt crisis hits'
14 Andrew_S 2823 Fri Jul 21, 2006 10:54 pm
Kylon View latest post
No new posts Our future king is a political dissident.
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48 Jake 6257 Mon Jul 17, 2006 8:14 pm
rogerhb View latest post
No new posts UK Car tyres 100% more expensive over last 12 months!
6 SoothSayer 1673 Mon Jul 17, 2006 5:00 pm
markam View latest post
No new posts Personal debt in UK - scary!
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32 SoothSayer 5294 Wed Jul 12, 2006 2:38 pm
Concerned View latest post
No new posts UK Energy Trends
4 clv101 1309 Tue Jul 11, 2006 4:58 pm
Zardoz View latest post
No new posts Turkey and the EU.
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45 stu 7555 Sun Jul 09, 2006 10:14 pm
turkishguy View latest post
No new posts (UK) Energy imports continue to soar
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23 Andrew_S 3721 Wed Jul 05, 2006 2:54 am
Permanently_Baffled View latest post
No new posts EU in doubt over alternatives to oil
12 Wildwell 2263 Fri Jun 30, 2006 3:05 am
Battle_Scarred_Galactico View latest post
No new posts Why exactly are gas prices higher in Europe?
10 OVerLoRDI 1962 Tue Jun 20, 2006 12:04 pm
Wildwell View latest post
No new posts Europe's Green Image Clashes With Coal Reliance
2 Zardoz 891 Tue Jun 20, 2006 6:45 am
Kingcoal View latest post
No new posts Europe Has 'No Alternative' to Russian Energy - Schroeder
10 SoothSayer 1563 Tue Jun 20, 2006 5:45 am
Kingcoal View latest post
No new posts UK: economic slump & public sector strikes
2 SoothSayer 1096 Mon Jun 19, 2006 1:05 pm
parsifal View latest post
No new posts First peak oil book written in Finnish
0 Tuike 726 Sun Jun 18, 2006 2:05 am
Tuike View latest post
No new posts Halonen invites Putin to an unofficial EU (energy) summit
5 Andrew_S 1197 Thu Jun 15, 2006 12:34 am
Imcal View latest post
No new posts Norwegian banking system about to collapse upon strike
6 Tuike 1552 Sun Jun 11, 2006 7:30 am
TorrKing View latest post
No new posts No gas for Dutch industrial giants next year
9 Zardoz 1529 Fri Jun 09, 2006 4:03 pm
Tanada View latest post
No new posts (Finland) Real price of fuel highest in more than 30 years
5 Andrew_S 1419 Mon Jun 05, 2006 11:39 pm
Imcal View latest post
No new posts How much did you say?
10 Wildwell 2055 Sun Jun 04, 2006 1:37 pm
JustinFrankl View latest post
No new posts UK people: Are you essential to the country?
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15 SoothSayer 2989 Sat Jun 03, 2006 4:41 pm
airstrip1 View latest post
No new posts Peak Oil Discussion in Germany
14 mozart 2426 Wed May 31, 2006 6:44 am
Lighthouse View latest post
No new posts What will happen if Britain becomes 3C warmer?
11 Wildwell 1927 Tue May 30, 2006 6:10 pm
oddone View latest post
No new posts Is local Peak Oil/Gas more important than global?
9 SoothSayer 1431 Mon May 29, 2006 1:21 am
Wildwell View latest post
No new posts Time for a Prime Minister of Europe?
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15 parsifal 2477 Thu May 25, 2006 9:14 am
kevincarter View latest post
No new posts Free Market Think Tank wants to build over farms
6 Grifter 1719 Fri May 19, 2006 2:26 am
Grifter View latest post
No new posts Petro for Euros
1 parsifal 926 Thu May 18, 2006 6:45 pm
mekrob View latest post
No new posts EU was yesterday - tomorrow is "Core Europe"
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27 Free 5356 Thu May 18, 2006 12:18 pm
parsifal View latest post
No new posts Other sources of gas for the EU. What other sources?
7 dissident 1594 Wed May 17, 2006 10:03 am
nocar View latest post
No new posts Tony Blair supports new nuclear
4 clv101 1078 Tue May 16, 2006 1:53 pm
clv101 View latest post
No new posts Pan-European Wind Energy Grid Proposed
8 Andrew_S 1359 Fri May 12, 2006 2:43 pm
lateStarter View latest post
No new posts UK Insanity: Scumbag 'Judge'
9 Battle_Scarred_Galactico 1600 Thu May 11, 2006 7:02 am
Battle_Scarred_Galactico View latest post
No new posts Britain's happiness in decline
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24 Wildwell 3089 Fri May 05, 2006 8:19 pm
Wildwell View latest post
No new posts Meet you new master - Gazprom...
12 lateStarter 1836 Sun Apr 30, 2006 10:37 pm
gg3 View latest post
No new posts [ Poll ] Race to the bottom..
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23 lateStarter 4085 Thu Apr 27, 2006 2:24 am
Licho View latest post
No new posts Gazprom, GOD speed
6 lutherquick 1399 Sun Apr 23, 2006 1:16 am
garyp View latest post
No new posts UK Petrol on the rise.
7 PWALPOCO 1518 Sat Apr 22, 2006 6:13 pm
bobcousins View latest post
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