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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 - Conservation & Efficiency
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Conservation & Efficiency
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No new posts Announcement: Conservation & Efficiency forum rules
0 Shannymara 79 Sun Jul 20, 2008 12:54 pm
Shannymara View latest post
No new posts SUSTAINABLE CANNOT WORK!
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15 grabby 2641 Tue Aug 15, 2006 5:57 am
katkinkate View latest post
No new posts Trains vs. Cars
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15 Bleep 4027 Mon Aug 14, 2006 1:13 pm
oilfreeandhappy View latest post
No new posts Should we all be going to bed early?
10 HamRadioRocks 1753 Fri Aug 11, 2006 9:35 pm
small_steps View latest post
No new posts Mythbusting: AC and it's effect on gas consumption
14 J-Rod 1907 Tue Aug 08, 2006 5:46 am
gg3 View latest post
No new posts UK Tories admit BR privatisation a crap idea
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16 rogerhb 2069 Mon Jul 24, 2006 7:05 pm
ubercynicmeister View latest post
No new posts Rep. Wexler on Iraq, conservation and US energy problems
0 Carlhole 618 Sun Jul 23, 2006 11:01 am
Carlhole View latest post
No new posts How much Gasoline save in US if telecommute?
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19 nth 2611 Sat Jul 22, 2006 7:30 pm
JPL View latest post
No new posts TV standby buttons will be outlawed
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19 rogerhb 4764 Mon Jul 17, 2006 2:34 pm
Concerned View latest post
No new posts Living "hard times"
9 grabby 2186 Thu Jul 13, 2006 11:33 pm
DesertBear2 View latest post
No new posts Peak oil - coming in for the big win
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36 Jacksoncage 3808 Thu Jul 13, 2006 3:41 pm
rogerhb View latest post
No new posts Energy Conservation Club!!
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37 And_over 3532 Sat Jul 08, 2006 1:41 am
pea-jay View latest post
No new posts Wussies will perish
14 grabby 2007 Thu Jun 29, 2006 11:37 am
strider3700 View latest post
No new posts Conservation to reduce oil imports by 50% in 11 years
9 LadyRuby 1505 Thu Jun 29, 2006 8:32 am
emersonbiggins View latest post
No new posts Trains, planes, and automobiles
1 DoctorDoom 751 Wed Jun 21, 2006 2:56 am
Wildwell View latest post
No new posts USGS & USFS calculate 320 Million barrels
2 CornwallMnt 861 Fri Jun 09, 2006 10:49 am
CornwallMnt View latest post
No new posts So I just discovered learnaboutcoal.org...
7 And_over 1213 Fri Jun 09, 2006 6:10 am
hippiegunlover View latest post
No new posts Energy Independence Solution for the USA
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19 Falconoffury 2606 Thu Jun 08, 2006 5:31 pm
holmes View latest post
No new posts Help with compiling data?
2 gigacannon 636 Thu May 25, 2006 5:52 pm
gigacannon View latest post
No new posts New super efficient bus design
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15 Clouseau2 2364 Thu May 25, 2006 11:16 am
pea-jay View latest post
No new posts Energy Saving monitor from LIDL supermarket
7 julianj 1838 Tue May 23, 2006 8:08 am
Beat View latest post
No new posts consume your way out of high gas prices??
5 jmacdaddio 1261 Sun May 21, 2006 11:21 am
dinopello View latest post
No new posts Waste vegetable oil
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24 grabby 3323 Fri May 19, 2006 7:31 am
WisJim View latest post
No new posts [ Poll ] Poll: in 2015 the average car will be how efficient?
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18 lorenzo 2409 Thu May 18, 2006 9:15 am
dub_scratch View latest post
No new posts More Exploration or More Conservation?
0 KingM 562 Sun May 14, 2006 4:21 pm
KingM View latest post
No new posts Wood Boilers -- Help Needed
6 KingM 1280 Sat May 13, 2006 2:00 am
aflatoxin View latest post
No new posts JUST SAY NO!
4 grabby 1135 Sun Apr 30, 2006 7:36 pm
birchm View latest post
No new posts [ Poll ] Trimming the Fat
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16 turmoil 3023 Sun Apr 30, 2006 5:12 pm
Kfish View latest post
No new posts Rimini Protocol to save a crash
4 grabby 956 Thu Apr 27, 2006 7:46 pm
pilferage View latest post
No new posts Conservation Pet Peeves
14 Pablo2079 2121 Thu Apr 27, 2006 4:11 am
Doly View latest post
No new posts Polishing the Brass on the Titanic
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112 Aaron 10344 Sat Apr 22, 2006 2:34 am
Lighthouse View latest post
No new posts conservation
3 jc4patents 855 Fri Apr 21, 2006 2:45 pm
DoctorDoom View latest post
No new posts [ Poll ] Are you powering down?
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67 mididoctors 6125 Tue Apr 04, 2006 12:54 am
coyote View latest post
No new posts The struggle to quit oil
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18 zoommair 2616 Wed Mar 29, 2006 7:34 am
JonathanR View latest post
No new posts I guess some of us were asleep in chem class that day?
7 catalytic-chemist 1531 Tue Mar 28, 2006 1:19 pm
strider3700 View latest post
No new posts Questions about PV Efficiency
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23 Caoimhan 3148 Tue Mar 28, 2006 12:29 pm
johnmarkos View latest post
No new posts Best selling car of 2050
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31 ohanian 4287 Mon Mar 27, 2006 6:54 am
Omnitir View latest post
No new posts The very best energy savings technology on the planet...
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23 Caoimhan 4543 Sun Mar 26, 2006 9:37 pm
pedalling_faster View latest post
No new posts A serious suggestion on saving energy...
9 Caoimhan 1369 Sat Mar 25, 2006 11:06 am
MyOtherID View latest post
No new posts Conserving and Alternative Energy Sources
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22 tjmichner 2683 Fri Mar 24, 2006 5:20 pm
Pops View latest post
No new posts The Castle: 60 Minutes Report
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17 RacerJace 2768 Fri Mar 24, 2006 2:31 pm
hull3551 View latest post
No new posts Peak carpooling? Offseting the depletion rates horror?
5 Mesuge 847 Wed Mar 15, 2006 4:45 am
crapattack View latest post
No new posts One day's oil use.
0 grabby 817 Mon Mar 13, 2006 1:37 am
grabby View latest post
No new posts How reliant are you on oil, and can you reduce it?
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22 Starvid 3746 Wed Mar 08, 2006 2:25 am
julianj View latest post
No new posts Electric Home
12 airwalk 1916 Sun Mar 05, 2006 5:29 pm
WisJim View latest post
No new posts Organic Rankine Cycle
2 nethawk 914 Tue Feb 28, 2006 4:09 pm
nethawk View latest post
No new posts New electric motor design
5 truthteller 1276 Mon Feb 27, 2006 8:08 pm
eastbay View latest post
No new posts Energy Illiteracy; An Obstacle to a Sustainable Future
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64 MonteQuest 16462 Fri Feb 24, 2006 7:52 pm
rogerhb View latest post
No new posts Japan imports 16% less oil than it did in 1973
7 JayBee 1490 Mon Feb 20, 2006 6:13 am
Tanada View latest post
No new posts SF Group vows to buy NOTHING new in 2006
11 OneLoneClone 1494 Wed Feb 15, 2006 11:46 pm
grabby View latest post
No new posts How are we doomed? Let me count the ways...
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27 SolarDave 3625 Sat Feb 11, 2006 7:01 pm
BlisteredWhippet View latest post
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