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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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Stories Archive

Peak Oil News: January 2006

Articles	comments	reads	Score	Date	Actions
· Increasing Plant Enzyme Efficiency May Hold Key To Global Warming	0	492	0	2006-01-31
· Scottish & Southern Energy invests in energy fund	0	440	0	2006-01-31
· MEPs demand speedy legislation on renewable energy for heating and cooling	0	454	0	2006-01-31
· NI 'must point the way on renewable energy'	0	436	0	2006-01-31
· Iran to keep supplies up	0	485	0	2006-01-31
· Ethanol Fuel Growing in Importance	0	457	1	2006-01-31
· OPEC Keeps Crude Output Ceiling Unchanged at 28M b/d	0	405	0	2006-01-31
· Biocatalytic Desulfurization for Bitumen and Heavy Crude	0	462	0	2006-01-31
· The Top Ten Hybrid Myths	0	604	5	2006-01-31
· The State of Energy	0	422	0	2006-01-31
· State of the Union: the Advanced Energy Initiative	2	687	0	2006-01-31
· Bush to Say 'America Is Addicted to Oil' in Talk	0	889	0	2006-01-31
· Gas 'crisis' looms for industry. (UK)	0	576	0	2006-01-31
· Private Cash Must Fund New Nuclear Power Stations	0	449	0	2006-01-31
· Hot summer hurts Barrier Reef coral	1	599	0	2006-01-31
· Is the Declining Dollar Causing High Oil Prices?	0	757	0	2006-01-31
· Putin Says Russian State Won’t Nationalize Oil Companies	0	438	0	2006-01-31
· What is behind Saudi Arabia's overture to India?	0	493	0	2006-01-31
· Oil supply stability vital: Speakers	0	457	0	2006-01-31
· Oil giants seen in Nigeria for long haul	0	450	0	2006-01-31
· Russia, China back Iran action	0	467	0	2006-01-31
· OPEC to hold to oil levels	0	412	5	2006-01-31
· Do High Prices Mean We're Running Out of Natural Gas?	0	576	0	2006-01-31
· Iran Threatens to Halt Spot Checks	0	396	0	2006-01-31
· Ukraine Cold Claims 589 Lives in Two Weeks	0	452	0	2006-01-31
· Ethanol fears boost sugar	0	416	0	2006-01-31
· IRA fuel smuggling 'drove oil giants to abandon Ulster'	0	409	0	2006-01-31
· US savings rate sinks to lowest since Great Depression	0	554	0	2006-01-31
· Wanna make a bet on biofuels?	0	523	0	2006-01-31
· Bush will push green fuel	1	517	0	2006-01-31
· Lynch has reservations about Venezuelan oil	0	439	0	2006-01-31
· Exxon Profit Sets Record, Stirs Anger	1	518	0	2006-01-31
· India not eyeing oil sands, analyst says	0	438	0	2006-01-31
· Local Energy - Local Currency - Local Power	0	445	0	2006-01-31
· Most Southwest fares are raised	0	437	0	2006-01-31
· Eating local for the winter	0	563	0	2006-01-31
· Next X Prizes target genes and gas mileage	0	417	0	2006-01-31
· Carbon emission targets delayed by government row	0	400	0	2006-01-31
· Oil execs refuse to testify at U.S. Senate hearing	0	646	0	2006-01-31
· Dependency on cars too great to avoid gridlock	1	705	0	2006-01-31
· Bird songs muted by oil and gas machinery	0	399	5	2006-01-31
· West at risk of losing oil money	0	424	0	2006-01-31
· Oil cos in red sea of losses	0	481	0	2006-01-31
· German Retail Sales Unexpectedly Decline on Oil Price	0	397	0	2006-01-31
· Major Oil Firms Seen in Nigeria for the Long Haul	0	358	0	2006-01-31
· Sugar Prices Boom, More Cane Seen Used for Biofuel	0	420	0	2006-01-31
· India’s new oil minister promises continuity, tact	0	347	0	2006-01-31
· Energy Research Sputters	0	433	1	2006-01-31
· Iran says no legal basis for referral to U.N.	0	377	0	2006-01-31
· Japan's Iran dilemma	0	534	3	2006-01-30
· Biofuels cut threatens farmers	0	443	0	2006-01-30
· UK oil contract threat to US energy prices-senator	0	483	0	2006-01-30
· Iran Wins SA Backing for 'Peaceful' Nukes	0	446	0	2006-01-30
· Nigeria: Militants Free Foreign Oil Workers But Vow More Attacks	0	412	0	2006-01-30
· Lukoil hopes for progress on Iraq project	0	423	0	2006-01-30
· UN unveils plan to release untapped wealth of...$7 trillion	0	569	0	2006-01-30
· Scientists Find Frozen Methane Gas Deposit	0	522	0	2006-01-30
· Price fear keeps Opec oil flowing	0	428	0	2006-01-30
· The Oil Drum: The Carbon Economy (another of Stuart's massive integrative posts)	0	617	0	2006-01-30
· Scottish Power mulls 1 bln usd wind sale.	0	402	0	2006-01-30
· Ethanol saves energy - report	0	510	0	2006-01-30
· Gas prices may hit record	0	685	0	2006-01-30
· NASA scientist claims he's been silenced	0	502	0	2006-01-30
· Sea energy to power Britain	0	426	0	2006-01-30
· Kuwait reserves at 95bn barrels	0	636	0	2006-01-30
· The Clusterfuck Nation Chronicle	0	661	5	2006-01-30
· ''A new era in relations between India and Saudi Arabia''	0	344	0	2006-01-30
· EU Energy Chief Says Europe Must Cut Consumption	0	425	0	2006-01-30
· OPEC members' domestic turmoil could cause oil crisis - analysts	0	449	0	2006-01-30
· Oil Demand to Be Spurred by Asia Growth, Saudi's Al-Naimi Says	0	382	0	2006-01-30
· Pain at the Pump Doesn't Faze New-Car Buyers	1	597	0	2006-01-30
· West at risk of losing oil money	0	489	0	2006-01-30
· Electricity and Natural Gas Prices Far Outpace Inflation	0	398	0	2006-01-30
· US Farmers Big Winners in Booming Ethanol Business	0	400	0	2006-01-30
· Georgia receiving gas from three sources at a time - minister	0	380	0	2006-01-30
· Fuel costs drive Alaskans to cut their own firewood	0	354	0	2006-01-30
· 'Fuel poverty set to increase'	0	464	0	2006-01-30
· OPEC members downplay cutting oil output	0	422	0	2006-01-30
· Don't get burned	0	415	0	2006-01-30
· Squeezing the Last Drop of Oil	0	542	0	2006-01-30
· Exxon Mobil posts record profit of $10.7 billion	0	886	0	2006-01-30
· The Oil Drum: China's Consumption of Concrete (a mindblowing graph actually)	0	758	0	2006-01-30
· Cheap flight backlash	0	465	0	2006-01-30
· AA boss attacks Chapter 11 law	1	406	0	2006-01-30
· Eco warriors find legal way to ground the 4x4 motorist	0	423	0	2006-01-30
· Curbing climate change 'unlikely'	0	544	0	2006-01-29
· Pollution Limits Sun in China	0	424	0	2006-01-29
· World Economic Forum: No Looming Energy Crisis	0	614	0	2006-01-29
· MALAYSIA WANTS TO BE WORLD'S BIGGEST BIODIESEL PRODUCER	0	953	0	2006-01-29
· Connecticut DEP Presents Clean Diesel Plan	0	652	0	2006-01-29
· Syriana and “Oil Change”	0	571	0	2006-01-29
· Brazil Is the Next Economic (and Political) Superpower	3	765	0	2006-01-29
· Modeling imagination	0	436	0	2006-01-29
· Capturing energy from the sun	0	458	0	2006-01-29
· Human-Produced Aerosols in Many Arctic Clouds Contribute to Climate Warming	0	382	0	2006-01-29
· EU Opens Tender to Turn Wine Lakes into Biofuel	0	407	0	2006-01-29
· Breaking into higher dimensions with the help of Zero Point Energy Fields	0	538	0	2006-01-29
· Wormhole transport becoming reality	2	791	1	2006-01-29
· Scientists opposing Lake Baikal oil pipeline threatened	0	457	0	2006-01-29
· Court action over Buncefield fire	0	424	0	2006-01-29
· Bush To Promote Fuel-Saving Technologies	0	479	0	2006-01-29
· All is silent down at the pond	0	466	0	2006-01-29
· Days of cheap heat are over, experts say	4	1267	5	2006-01-29
· Costs draining farms	1	952	0	2006-01-29
· Hot stuff	0	561	0	2006-01-29
· No quick way for Georgia to end Russian energy dependency	0	439	4	2006-01-29
· Coal-burning ethanol plant going up near Nevada	0	658	0	2006-01-29
· Material costs put heat on business	0	896	0	2006-01-29
· It's time to call Tehran's bluff on oil supply	0	669	0	2006-01-29
· Thune sees less ethanol competition from Brazil	0	415	0	2006-01-29
· Rising prices fuel fill-and-flees	2	827	0	2006-01-29
· Natural gas supplies to Georgia restored	0	440	0	2006-01-29
· China Leaps Forward	0	820	0	2006-01-29
· UK energy policy is just load of hot air	0	471	0	2006-01-29
· Oil: A Question Of Supply	0	610	2	2006-01-29
· Oil delta burns with hate	0	444	0	2006-01-29
· OPEC members' domestic turmoil could cause oil crisis - analysts	0	492	0	2006-01-29
· Iran Crisis 'Could Drive Oil Over $90''	0	567	0	2006-01-28
· Scientists Debate Issue of Climate's Irreparable Change	0	496	0	2006-01-28
· Energy security will fall victim to political spats	0	435	0	2006-01-28
· Renewable energy gets second wind on AIM	0	402	0	2006-01-28
· Straw rules out Iran military moves	0	396	0	2006-01-28
· US Govt accused of trying to muzzle climate scientist	0	458	0	2006-01-28
· Oil Giants Struggle To Compete With New Wave Of Nationalism	0	441	0	2006-01-28
· OPEC Sees No Emergency in the Iranian Crisis	0	420	0	2006-01-28
· Take small steps on road to solar energy	0	468	0	2006-01-28
· How to Determine the Top 100 Sustainable Companies in the World	0	428	1	2006-01-28
· US Sen Chambliss: Energy A Key Role In 07 Farm Bill	0	370	0	2006-01-28
· Hurry Up and Kuwait	0	621	0	2006-01-28
· Conservation counts	0	439	0	2006-01-28
· The Fears of the West, China and Saudi Oil	0	489	0	2006-01-28
· Energy prices set to rise indefinitely	0	545	2	2006-01-28
· Italy asks Russia to up gas supply	0	400	0	2006-01-28
· Firms beat path to ... Libya	0	442	0	2006-01-28
· Suburban sprawl an irresistible force in US	0	697	5	2006-01-28
· Postal Service Van Fire Linked to Gas Theft	0	344	0	2006-01-28
· Galloping prices of sugar	0	445	0	2006-01-28
· Tbilisi Cuts Gas to Russian Embassy, Gazexport Company	0	397	0	2006-01-28
· Oil Giants Struggle To Compete With New Wave Of Nationalism