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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 - Geopolitics
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Geopolitics
Moderator: stu

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No new posts Announcement: Geopolitics forum rules
0 stu 41 Mon Nov 28, 2005 4:06 pm
stu View latest post
No new posts What did Bush /Cheney knew about the Peak and when
14 Mark_i 3051 Thu Nov 18, 2004 3:00 pm
Xelat View latest post
No new posts Bush wins - interesting times ahead
14 lowem 3373 Sat Nov 13, 2004 9:24 am
PK View latest post
No new posts Petrodollars? Help!
3 Fatherof4 1221 Fri Nov 12, 2004 10:05 pm
Carlhole View latest post
No new posts Effect of Arafat's death?
1 Olaf 970 Thu Nov 11, 2004 12:01 am
savethehumans View latest post
No new posts Peak oil and living beyond our means.
1 BILL_THA_PHARMACIZT 1056 Mon Nov 08, 2004 8:47 pm
Jack View latest post
No new posts Republicans sweep house
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19 skateari 4433 Mon Nov 08, 2004 8:43 am
pip View latest post
No new posts Thinking in terms of resources and energy
7 Falconoffury 1983 Sun Nov 07, 2004 9:32 pm
gg3 View latest post
No new posts MSNBC: Oil - the Other Iraq War
1 Fatherof4 1184 Sat Nov 06, 2004 10:34 pm
Kingcoal View latest post
No new posts Iraq: A Conspiracy of Feigned Incompetence ?
9 backstop 2289 Thu Nov 04, 2004 10:16 pm
backstop View latest post
No new posts Monthly Saudi Production
11 tmazanec1 3008 Thu Nov 04, 2004 9:20 pm
Marco View latest post
No new posts Listen...Can You Hear the Drumbeats for Iran?
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55 OilsNotWell 10771 Tue Nov 02, 2004 10:45 pm
BastardSquad View latest post
No new posts "End of Empire"
8 Kingcoal 2203 Tue Nov 02, 2004 10:06 pm
BastardSquad View latest post
No new posts Politics and high crude prices
6 JohnDenver 1960 Mon Nov 01, 2004 6:51 pm
JohnDenver View latest post
No new posts How Will History Judge.
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15 Fatherof4 3848 Mon Nov 01, 2004 9:00 am
Specop_007 View latest post
No new posts MASSIVE SELL OFF OF US DOLLAR: PRELUDE TO AN ATTACK??
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26 Carlhole 6151 Sat Oct 30, 2004 12:44 pm
AnnaLivia View latest post
No new posts "Oh, but they're already starving!"
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41 Barbara 10928 Sat Oct 30, 2004 12:25 pm
Rembrandt View latest post
This topic is locked: you cannot edit posts or make replies. Future picture?
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55 Cool Hand Linc 15843 Sat Oct 30, 2004 2:33 am
somethingtosay View latest post
No new posts World Views; How did we get in this mess?
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45 MonteQuest 11431 Sat Oct 30, 2004 12:40 am
MonteQuest View latest post
No new posts China's economic plan to obtain the world's resources?
7 Rincewind 2389 Tue Oct 26, 2004 4:58 pm
Danny View latest post
No new posts African peak
1 tmazanec1 1170 Sun Oct 24, 2004 8:24 pm
zed View latest post
No new posts Oil imports and Empire
5 Tyler_JC 1742 Sun Oct 24, 2004 8:08 pm
zed View latest post
No new posts Why Economies and Civilizations will Continue Despite Peak
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22 cannottell 5494 Wed Oct 20, 2004 8:00 am
Madpaddy View latest post
No new posts A Greener Green Revolution for Africa?
2 BabyPeanut 1180 Tue Oct 19, 2004 8:34 am
duff_beer_dragon View latest post
No new posts NAFTA
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16 MrPC 4223 Mon Oct 18, 2004 10:33 pm
Ender View latest post
No new posts The peak oil conspiracy
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65 JohnDenver 13154 Mon Oct 11, 2004 1:39 pm
stu View latest post
No new posts The Geopolitics of Energy
4 backstop 1646 Mon Oct 04, 2004 10:48 pm
MonteQuest View latest post
No new posts Soviet oil production
4 marek 1662 Sun Oct 03, 2004 4:34 am
2007 View latest post
No new posts Noam Chomsky on peak oil
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17 BILL_THA_PHARMACIZT 4194 Mon Sep 27, 2004 9:52 pm
WebHubbleTelescope View latest post
No new posts If America were Iraq, What would it be Like?
14 Chicagoan 2666 Mon Sep 27, 2004 1:49 am
k_semler View latest post
No new posts Iran Plot?
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28 Soft_Landing 5536 Wed Sep 22, 2004 3:51 pm
Guest View latest post
No new posts The New Tactic in Controlling Demand - UN Oil Sanctions
1 Guest 1165 Mon Sep 20, 2004 2:11 pm
Guest View latest post
No new posts Must Read Article: Peak Oil, Aramco, Tenet, Bush Indictment
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130 MattSavinar 33552 Sat Sep 18, 2004 9:01 pm
BILL_THA_PHARMACIZT View latest post
No new posts If there is massive oil left to be found, where?
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17 Whitecrab 5125 Wed Sep 15, 2004 9:17 am
Such View latest post
No new posts chinanet
8 doudou 2667 Thu Sep 09, 2004 11:46 pm
DOR View latest post
No new posts Federal Deficit Reality
11 trespam 2859 Wed Sep 08, 2004 11:56 pm
MonteQuest View latest post
No new posts Afghanistan pipeline deal is signed
7 MonteQuest 1870 Wed Sep 08, 2004 3:02 pm
MonteQuest View latest post
No new posts Culture and Energy
5 BILL_THA_PHARMACIZT 1790 Wed Sep 08, 2004 6:53 am
gg3 View latest post
No new posts Serfs of the future?
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19 Pops 5435 Wed Sep 01, 2004 3:50 pm
Dustin View latest post
No new posts How does opec's production increase get aportioned?
1 nero 1262 Mon Aug 30, 2004 8:17 am
mididoctors View latest post
No new posts Canadian Green Party: Aware of the Problem
7 Whitecrab 2301 Wed Aug 25, 2004 3:36 am
gg3 View latest post
No new posts "Faking" the market?
14 Barbara 3326 Tue Aug 24, 2004 11:01 pm
Synergist View latest post
No new posts Columbia's Oil War
0 Aaron 935 Sun Aug 22, 2004 6:36 am
Aaron View latest post
No new posts Sudan
1 Leanan 1065 Fri Aug 20, 2004 3:50 pm
buster View latest post
No new posts Venezuela - Imapct of August, 2004 election?
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26 Dvanharn 7450 Thu Aug 19, 2004 7:23 pm
buster View latest post
No new posts soooo....what about canada?
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21 Guest 5611 Sat Aug 14, 2004 9:19 pm
gg3 View latest post
No new posts Peak Oil Political Action Committee
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40 ExampleGiven 9928 Sun Jul 25, 2004 7:08 am
Cool Hand Linc View latest post
No new posts CIA insider says U.S. fighting wrong war
8 Leanan 2867 Fri Jul 23, 2004 12:21 am
Cool Hand Linc View latest post
No new posts China & Dirty Gasoline
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16 Aaron 6429 Sun Jul 18, 2004 6:46 am
Aaron View latest post
No new posts Peak oil question
3 _sluimers_ 1796 Sat Jul 17, 2004 3:29 pm
dmtu View latest post
No new posts Oil Empire
9 Chicagoan 2895 Tue Jul 13, 2004 6:47 pm
notacornucopian View latest post
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