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.
threadbear wrote:
Why on earth is medicaid and medicare so screwed up?
The same reason that US soldiers are getting killed in Iraq escorting convoys of empty Haliburton trucks all over the place. The same reason that it took FEMA a week to figure out there was an emergency in New Orleans, when every person in the country not employed by the government knew it was going to happen two days beforehand.
Nepotism, corruption, ineptitude, self-serving bureaucracy. It's the end result forcing 300,000,000 people under a single government which is then selected based on popularity. Nobody cares if anything gets done, as long as they look good for the TV cameras. They can pretend that they're providing healthcare coverage for poor people. They're not. A few doctors are taking care of the poor people out of the goodness of their own hearts, but the congressmen can pretend they are on Meet the Press and that's all that really matters.
Nice!!!!!!!! _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Joined: Sep 16, 2007 Posts: 973 Location: Oklahoma City, USA
Posted: Thu May 08, 2008 8:39 am Post subject: Re: Suggestions for "Member Quotes"
threadbear wrote:
The only major threat to majors is that their monumental greed, together with OPEC's shoring up of American banks, will lead to their own demise. I imagine them proceeding lemming like, over a cliff, to the sounds of ringing cash registers.
Posted: Sat May 10, 2008 11:05 am Post subject: Re: Suggestions for "Member Quotes"
Quote:
Well, now you will enjoy the prestige of experiencing the truly unique and unprecedented collapse of civilization; this has no real historical president. Modernist artists and writers of the 20th century, were forever looking for ways to be original. Now, thanks to modern technology and democratic values, we'll all get to be original and engineer the decline of civilization!
Quote _________________ All life is a corollary to energy flowing through a system.
Joined: Oct 04, 2004 Posts: 4814 Location: Oklahoma
Posted: Sun May 11, 2008 12:32 am Post subject: Re: Suggestions for "Member Quotes"
Kylon wrote:
Both the worst and the best case scenario are horrible.
http://www.peakoil.com/post656934.html#656934 _________________ The very existence of flamethrowers proves that some time, somewhere, someone said to themselves, "You know, I want to set those people over there on fire, but I'm just not close enough to get the job done." - George Carlin
Posted: Mon May 12, 2008 9:25 am Post subject: Re: Suggestions for "Member Quotes"
Ferretlover wrote:
Quote:
The volcano has erupted, and the lava is slowly oozing forward, unstoppable. There is still a little time to get to high ground, but most are going to get caught between the flow and the sea and will have to chose between drowning and being burned alive.
Slow and Boring Thread _________________ If you want a picture of the future, imagine a boot stamping on a human face--for ever."
-George Orwell, 1984
Posted: Thu May 15, 2008 10:05 am Post subject: Re: Suggestions for "Member Quotes"
RSB wrote:
So what you're saying is that Saudi Arabia's declarations have little credibility, right?
Saudi Arabia to boost capacity to 12.5 mb/d _________________ The whole of human history is a refutation by experiment of the concept of "moral world order". - Friedrich Nietzsche
Joined: Apr 27, 2007 Posts: 4112 Location: The Great Sonoran Desert
Posted: Sat May 17, 2008 8:20 am Post subject: Re: Suggestions for "Member Quotes"
Fishman wrote:
I love the smell of conspiracy in the morning, right before I wipe it off my butt.
http://www.peakoil.com/post662409.html#662409 _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Joined: Sep 14, 2004 Posts: 5780 Location: Rural Virginia
Posted: Sun May 18, 2008 8:52 pm Post subject: Re: Suggestions for "Member Quotes"
I suggest that member quotes be edited for basic grammar and spelling. It's embarrassing to see unnecessary mistakes broadcasted in this manner on the home page. These quotes are supposed to be examples of our finest thinking. Such errors may distract viewers and mar the message. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Joined: May 10, 2007 Posts: 2422 Location: The Entropisphere
Posted: Mon May 19, 2008 6:54 am Post subject: Re: Suggestions for "Member Quotes"
Heineken wrote:
I suggest that member quotes be edited for basic grammar and spelling. It's embarrassing to see unnecessary mistakes broadcasted in this manner on the home page. These quotes are supposed to be examples of our finest thinking. Such errors may distract viewers and mar the message.
I agree. I hate it when I see myself quoted within a thread and to have the knowledge that I cannot go back and fix it really bothers me... well only until I fall asleep, then I don't care and by the time I wake up I don't remember.. but I'm digressing.
By all means either edit them or ask the author to edit it before it goes into the quotes section.
Joined: Apr 27, 2007 Posts: 4112 Location: The Great Sonoran Desert
Posted: Mon May 19, 2008 9:18 am Post subject: Re: Suggestions for "Member Quotes"
shortonoil wrote:
How can we exit a recession that “officially” hasn’t even happened. But don’t worry, the recession that hasn’t happened won’t last long.
[/b]
http://www.peakoil.com/post663667.html#663667 _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Joined: Apr 27, 2007 Posts: 4112 Location: The Great Sonoran Desert
Posted: Wed May 21, 2008 4:48 pm Post subject: Re: Suggestions for "Member Quotes"
Novus wrote:
Now prices are even higher and more producers are to becoming tight fisted with their supplies. The oil market is going the way of the rice market. Market theory is failing us and markets themselves are failing.
The new reality is the land export model. High prices = less supply. Learn it, get ready for it, live it, it is the new reality.
http://www.peakoil.com/post666152.html#666152 _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
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