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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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Climate link with killer cyclones spurs fierce scientific debate
Enviromental Headlines; Climate Change PARIS (AFP) - Climate scientists have begun to debate whether global warming is producing more powerful storms, after Nargis smashed into Myanmar -- brutally changing gear from a Category One to a Category Four cyclone just before it made landfall.

Nagris wasn't an isolated incident: Hurricane Katrina laid waste to parts of the US Gulf Coast in 2005.


And in 2007, super-cyclone Gonu the Arabian peninsula was hit by a super-cyclone, Gonu.

Are these events -- massively costly in lives and treasure -- all linked?

Could they be part of an alarming trend of weird, more powerful storms stoked by global warming?

That's a question that causes fierce jousting among climate scientists.

AFP

Posted on Wednesday, May 07 @ 10:10:54 PDT by Leanan
 
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Most read story about Enviromental Headlines; Climate Change:
The Natural Gas Crisis: Greens Engineer Another Disaster

 
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