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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 - Environment
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Environment
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No new posts Announcement: Environment forum rules
0 Shannymara 63 Sun Jul 20, 2008 12:17 pm
Shannymara View latest post
No new posts Lower grade uranium could hasten climate change pace
14 Graeme 1531 Sun Jul 09, 2006 8:43 pm
Jack View latest post
No new posts Planting trees continues to be effective greenhouse tactic
2 Graeme 843 Sun Jul 09, 2006 4:29 pm
Ludi View latest post
No new posts UV intensity
3 WillMissTennis 1026 Sun Jul 09, 2006 10:27 am
SoothSayer View latest post
No new posts Greenland ice sheet melt is accelerating
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22 Zardoz 3414 Thu Jul 06, 2006 10:56 am
rwwff View latest post
No new posts The Great Global Warming Whurlitzer
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16 XOVERX 2095 Sun Jul 02, 2006 10:57 pm
rwwff View latest post
No new posts Capitalism is the answer to Global Warming
11 Graeme 1602 Fri Jun 30, 2006 2:49 am
Concerned View latest post
No new posts Sedona AZ Fire: How are you, Montequest?
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26 pup55 3574 Thu Jun 29, 2006 2:39 am
shakespear1 View latest post
No new posts Nothing can stop rise of CO2 level
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31 Heineken 3326 Wed Jun 28, 2006 6:12 pm
Kylon View latest post
No new posts CaseStack Kicks Off the Green Rebate Program
0 CaseStack 512 Wed Jun 28, 2006 3:27 pm
CaseStack View latest post
No new posts No superstores 'means prosperity'
3 Wildwell 1095 Tue Jun 27, 2006 7:24 pm
WildRose View latest post
No new posts Coal emissions alarming in India: report
8 Zardoz 1541 Sun Jun 25, 2006 12:46 pm
Concerned View latest post
No new posts Global atmospheric carbon level may depend on southern ocean
2 Graeme 745 Sat Jun 24, 2006 10:57 am
Heineken View latest post
No new posts Climate change adviser attacks US stance
2 Graeme 894 Sat Jun 24, 2006 2:42 am
shakespear1 View latest post
No new posts Tropical Rainforest Nutrients Linked To Global Carbon Dioxid
1 Graeme 638 Fri Jun 23, 2006 5:07 am
Tanada View latest post
No new posts Warming 'threat to Asian security'
1 Zardoz 759 Thu Jun 22, 2006 11:30 pm
robski View latest post
No new posts EU, US to Agree "Urgent" Action on Climate Change
6 Graeme 1069 Thu Jun 22, 2006 7:10 pm
Graeme View latest post
No new posts Whaling to be resumed?
4 EnergyUnlimited 933 Tue Jun 20, 2006 2:36 am
Battle_Scarred_Galactico View latest post
No new posts Global population question
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22 canis_lupus 2558 Tue Jun 20, 2006 1:02 am
Zardoz View latest post
No new posts An Inconvenient Truth
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33 Aaron 4725 Mon Jun 19, 2006 8:52 am
DoctorDoom View latest post
No new posts Why extinction of species sucks
6 Zardoz 1455 Thu Jun 15, 2006 2:01 pm
eric_b View latest post
No new posts Shermer flips on GW...
1 grillzilla 712 Tue Jun 13, 2006 9:27 pm
Cyrus View latest post
No new posts A Global Case of Black Lung
7 KingM 1189 Tue Jun 13, 2006 8:06 am
eric_b View latest post
No new posts Ecosystems With Many Plant Species Produce More
5 Graeme 1112 Sun Jun 11, 2006 4:48 am
Liamj View latest post
No new posts Deserts expanding with jet stream shift
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16 Jack 2383 Fri Jun 09, 2006 9:00 am
dohboi View latest post
No new posts EIA Report - Hurricane Impact on GOM Energy Production
0 DantesPeak 504 Wed Jun 07, 2006 2:43 pm
DantesPeak View latest post
No new posts Animal in Indonesia, consumes co2
5 WillMissTennis 1020 Sat Jun 03, 2006 12:47 am
EnergyUnlimited View latest post
No new posts [ Poll ] End of the World
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38 americandream 4751 Thu Jun 01, 2006 6:55 pm
rwwff View latest post
No new posts Human Fingerprints
1 Graeme 593 Thu Jun 01, 2006 7:21 am
TWilliam View latest post
No new posts CO2 is life
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60 Atlantean_Relic 4972 Wed May 31, 2006 11:55 am
rwwff View latest post
No new posts Reading Between The Lines: Tesco/WalMart - Ecology or PO?
7 untothislast 1439 Wed May 31, 2006 1:01 am
IslandCrow View latest post
No new posts GE, China Sign Agreement on Clean Energy Technology
0 Graeme 632 Mon May 29, 2006 1:04 am
Graeme View latest post
No new posts Climate Change: Okay, let's clear this up.
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135 coyote 15464 Sun May 28, 2006 10:49 pm
Rincewind View latest post
No new posts A look at climate and the effects of particulate pollution
7 OilyMon 1196 Sun May 28, 2006 2:12 pm
elocs View latest post
No new posts Global warming might not be so bad, if we keep our cool
2 Graeme 823 Sun May 28, 2006 9:46 am
Heineken View latest post
No new posts Shoppers' thirst for palm oil threatens to wipe out orangut
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19 Jack 2047 Thu May 25, 2006 9:54 am
holmes View latest post
No new posts Deep-sea fish stocks 'plundered'
14 Wildwell 1655 Tue May 23, 2006 11:13 am
TorrKing View latest post
No new posts Peak Oil at UNC
0 mekrob 590 Mon May 22, 2006 12:42 pm
mekrob View latest post
No new posts I may have to evacuate my home
2 midnight-gamer 918 Mon May 22, 2006 5:55 am
kam30en View latest post
No new posts Dead sea dropped by 25 metres
13 PeterBlair 1805 Mon May 22, 2006 5:46 am
kam30en View latest post
No new posts TV Ads Take Aim at Global Warming
13 Graeme 2174 Mon May 22, 2006 5:37 am
mabz View latest post
No new posts This meal has travelled all over the world
4 ohanian 1124 Mon May 22, 2006 5:20 am
mabz View latest post
No new posts China Faces Rising Temperatures, Shrinking Crops
5 Zardoz 1126 Mon May 22, 2006 3:55 am
kam30en View latest post
No new posts Arctic Meltdown - It Just Gets Worse
14 untothislast 2261 Sun May 21, 2006 9:30 am
parsifal View latest post
No new posts Dr. Gray's updated hurricane forecast
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16 Typhoon 2791 Tue May 16, 2006 4:59 pm
eric_b View latest post
No new posts Bush on Global Warming (Ha!!!)
0 LadyRuby 657 Tue May 16, 2006 7:35 am
LadyRuby View latest post
No new posts Human Impact on Climate Beyond Debate
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15 MyOtherID 2113 Fri May 12, 2006 12:26 am
aflatoxin View latest post
No new posts What will it take to avert disaster?
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25 PeterBlair 3256 Thu May 11, 2006 7:11 am
grabby View latest post
No new posts Global Warming affects birds migration
4 MyOtherID 949 Sun May 07, 2006 3:47 pm
MyOtherID View latest post
No new posts Global Warming shifts key Wind
0 MyOtherID 569 Wed May 03, 2006 11:52 pm
MyOtherID View latest post
No new posts More Bad News for GW skeptics
5 MyOtherID 1245 Wed May 03, 2006 9:49 am
MyOtherID View latest post
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