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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 - Planning For The Future
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Planning For The Future
Moderator: skyemoor

Users browsing this forum: peakaware, Shaka
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1 Pops 7503 Mon Nov 14, 2005 4:34 pm
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No new posts Caught a ton of fish!!!
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18 xerces 1195 Mon Jun 16, 2008 6:37 pm
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No new posts Planning a long range bicycle trip
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23 xerces 1368 Sun Jun 15, 2008 5:15 pm
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No new posts Chain link fence question
8 allenwrench 706 Sun Jun 15, 2008 11:46 am
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No new posts Building a home for peak oil
9 gonfishn 856 Sun Jun 15, 2008 10:53 am
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178 Pops 17339 Sun Jun 15, 2008 10:44 am
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53 mmasters 7318 Sat Jun 14, 2008 10:12 pm
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No new posts [Location] Urban vs. Rural
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266 Hawkcreek 72938 Sat Jun 14, 2008 9:01 pm
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No new posts [Opinion] 5 Rules for PO Prep.
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208 Pops 46121 Sat Jun 14, 2008 6:50 pm
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29 Wren 1933 Sat Jun 14, 2008 2:51 am
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No new posts Self Sufficiency update!
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28 xerces 2542 Fri Jun 13, 2008 7:24 pm
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28 thuja 2754 Fri Jun 13, 2008 6:28 pm
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No new posts Do we get our Concealed Weapons Permits?
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15 Couve 1002 Fri Jun 13, 2008 4:19 pm
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No new posts [Homestead] How far from major population centers?
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15 hermit 1231 Fri Jun 13, 2008 9:22 am
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0 mikebrady 241 Fri Jun 13, 2008 5:15 am
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No new posts Tractors in PO
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62 hardtootell 3663 Thu Jun 12, 2008 10:45 pm
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No new posts Food storage, & which food can I produce in a small terr
3 gurucat 460 Thu Jun 12, 2008 6:04 pm
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No new posts A candidate's question about peak oil
2 Colorado-Valley 355 Thu Jun 12, 2008 4:04 pm
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No new posts Attention Small Business Owners - Peak Oil and your Company
5 AlexdeLarge 587 Thu Jun 12, 2008 1:40 pm
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No new posts I want a homestead, wife wants noah's ark.
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18 hermit 1414 Thu Jun 12, 2008 1:31 pm
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No new posts What an economic collapse looks like
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48 Chocky 22111 Thu Jun 12, 2008 1:11 pm
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No new posts The Final Result
12 MeadowMuffin 1183 Thu Jun 12, 2008 11:48 am
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No new posts What are your best gardening resources?
7 MidwesternMom 633 Thu Jun 12, 2008 11:31 am
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No new posts Crash Course: Preparing for Peak Oil
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17 roccman 1143 Thu Jun 12, 2008 11:27 am
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No new posts Usefull post P.O trade ?
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30 Mack12345 1724 Thu Jun 12, 2008 2:15 am
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4 LocalFutureGrandRapids 511 Wed Jun 11, 2008 9:50 pm
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2 WisJim 414 Wed Jun 11, 2008 6:07 pm
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No new posts Your Personal Energy Needs...
8 Wildfire 608 Wed Jun 11, 2008 4:13 pm
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9 allenwrench 740 Wed Jun 11, 2008 7:30 am
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35 allenwrench 2152 Wed Jun 11, 2008 6:21 am
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12 gurucat 862 Wed Jun 11, 2008 5:37 am
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5 hermit 485 Wed Jun 11, 2008 12:22 am
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78 Pops 10319 Tue Jun 10, 2008 9:07 pm
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No new posts Interview with Maine man preparing for the future (via CNN)
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15 danbloom 1328 Tue Jun 10, 2008 8:09 pm
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No new posts Tried to buy gold and hit some problems...
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57 hope_full 3942 Tue Jun 10, 2008 7:36 pm
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38 alokin 2177 Tue Jun 10, 2008 6:30 pm
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5 allenwrench 403 Tue Jun 10, 2008 4:57 pm
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9 Specop_007 649 Tue Jun 10, 2008 4:50 pm
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23 charliebrownout 1175 Tue Jun 10, 2008 3:10 pm
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No new posts [ Poll ] Forum Structure: What's your opinion?
11 skyemoor 646 Tue Jun 10, 2008 1:33 pm
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172 Aaron 8063 Tue Jun 10, 2008 5:34 am
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No new posts Storing food for when you cant find any
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20 Specop_007 1571 Mon Jun 09, 2008 10:02 pm
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No new posts Observations from someone actually doing it
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33 jdumars 1797 Mon Jun 09, 2008 5:00 pm
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No new posts Everyone's growing a Garden?
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21 TreeFarmer 1428 Mon Jun 09, 2008 4:50 pm
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No new posts Ahh, where do I start?
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26 Gus 1492 Mon Jun 09, 2008 4:27 pm
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No new posts Live near hydro power?
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17 beefstuinit 1065 Mon Jun 09, 2008 4:16 pm
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No new posts THE Future of Aviation Thread (merged)
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136 whereismymonkey 4348 Mon Jun 09, 2008 1:35 pm
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No new posts How do you ration food?
3 burtonridr 562 Mon Jun 09, 2008 10:28 am
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No new posts What's Growing in Your Garden RIGHT NOW.
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77 BadAssMom 3150 Mon Jun 09, 2008 7:55 am
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No new posts Reprocessing soap
0 allenwrench 301 Mon Jun 09, 2008 5:25 am
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16 LittleBoPeak 2004 Mon Jun 09, 2008 1:15 am
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