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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: June 2007

ArticlescommentsreadsScoreDateActions
· A pipeline into the heart of Europe043402007-06-30Printer Friendly Page Send this Story to a Friend
· Americans must fuel their own destiny049002007-06-30Printer Friendly Page Send this Story to a Friend
· $70 crude is one more holiday hassle058202007-06-30Printer Friendly Page Send this Story to a Friend
· The True Cost of Oil: $65 Trillion a Year?067612007-06-30Printer Friendly Page Send this Story to a Friend
· Iran regime drowning in oil051702007-06-30Printer Friendly Page Send this Story to a Friend
· Gas tax money not meeting road needs038402007-06-30Printer Friendly Page Send this Story to a Friend
· Nuclear demand will outstrip supply: CEO056102007-06-30Printer Friendly Page Send this Story to a Friend
· Ethanol boom squeezes biodiesel supply049952007-06-30Printer Friendly Page Send this Story to a Friend
· President: Fuel rationing huge move042902007-06-30Printer Friendly Page Send this Story to a Friend
· Mexico's Calderon sees oil exports falling further056102007-06-30Printer Friendly Page Send this Story to a Friend
· EU paper shows options on warming Europe038002007-06-30Printer Friendly Page Send this Story to a Friend
· The Oil Drum: Refinery Utilization Rates and Increase in Use of Heavy/Sour Crude046202007-06-30Printer Friendly Page Send this Story to a Friend
· BP economist: World’s oil is plentiful058802007-06-30Printer Friendly Page Send this Story to a Friend
· VENEZUELAN OIL054802007-06-30Printer Friendly Page Send this Story to a Friend
· China and EU launch climate change project040802007-06-30Printer Friendly Page Send this Story to a Friend
· Solar energy in space to power India055552007-06-30Printer Friendly Page Send this Story to a Friend
· BP files $5 billion Norwegian Sea oil and gas plan039002007-06-30Printer Friendly Page Send this Story to a Friend
· Biofuel Crops Double As Greenhouse-Gas Reducers038302007-06-30Printer Friendly Page Send this Story to a Friend
· Chavez invites Russians to invest more in his country's oil038702007-06-30Printer Friendly Page Send this Story to a Friend
· Oil Giant Sees Some Strains in the System046102007-06-30Printer Friendly Page Send this Story to a Friend
· Feds OK Oil-Shale Mining in Utah041202007-06-30Printer Friendly Page Send this Story to a Friend
· David Bode: The Hydrogen Economy - Hype or Holy Grail039202007-06-30Printer Friendly Page Send this Story to a Friend
· Peak Oil Passnotes: Peak Market Economics046502007-06-30Printer Friendly Page Send this Story to a Friend
· Statoil Scraps CO2 Plan036902007-06-30Printer Friendly Page Send this Story to a Friend
· Extreme weather wakes US up to climate change039402007-06-30Printer Friendly Page Send this Story to a Friend
· Biofuels stampede 'damaging the environment'031702007-06-30Printer Friendly Page Send this Story to a Friend
· CBC Interview With Gregory Greene on Premiere of Escape from Suburbia035602007-06-30Printer Friendly Page Send this Story to a Friend
· Cheap cars for India033302007-06-30Printer Friendly Page Send this Story to a Friend
· Get Americans to drive less by raising gas taxes052102007-06-29Printer Friendly Page Send this Story to a Friend
· Confiscated booze becomes alternative fuel054302007-06-29Printer Friendly Page Send this Story to a Friend
· Going green is patriotic and profitable040002007-06-29Printer Friendly Page Send this Story to a Friend
· Don’t Let Government Wreck Free Markets034802007-06-29Printer Friendly Page Send this Story to a Friend
· Ending Addiction to Oil Will Strengthen National Security, Reduce Energy Costs037602007-06-29Printer Friendly Page Send this Story to a Friend
· $70 Oil: Who Gets Hurt055302007-06-29Printer Friendly Page Send this Story to a Friend
· Kaos Studios' Develops Video Game with Peak Oil and Fuel War Storyline063102007-06-29Printer Friendly Page Send this Story to a Friend
· China CNPC Buys Exploration Rights To Canada Oil Sands050222007-06-29Printer Friendly Page Send this Story to a Friend
· Farmers plant most corn since 1944048102007-06-29Printer Friendly Page Send this Story to a Friend
· Volkerwanderung048152007-06-29Printer Friendly Page Send this Story to a Friend
· Safety or fuel efficiency?034502007-06-29Printer Friendly Page Send this Story to a Friend
· Oil price-demand link no longer as simple as ABC040352007-06-29Printer Friendly Page Send this Story to a Friend
· Bill would deny supply of gasoline to Iranian government032002007-06-29Printer Friendly Page Send this Story to a Friend
· 2007 seen as second warmest year as climate shifts037902007-06-29Printer Friendly Page Send this Story to a Friend
· Fears of 'transport poverty'035802007-06-29Printer Friendly Page Send this Story to a Friend
· Peak Oil Theorists Gush Obfuscation!052412007-06-29Printer Friendly Page Send this Story to a Friend
· Distillate Inventory Balance Looks Scary as Summer Begins051842007-06-29Printer Friendly Page Send this Story to a Friend
· Unrest Grows Amid Gas Rationing in Iran050052007-06-29Printer Friendly Page Send this Story to a Friend
· Attack on use of biofuels045202007-06-29Printer Friendly Page Send this Story to a Friend
· Society 'needs the right chemistry'037602007-06-29Printer Friendly Page Send this Story to a Friend
· Global Agenda: Oil's well048112007-06-29Printer Friendly Page Send this Story to a Friend
· House energy bill rejects car fuel economy boost041002007-06-29Printer Friendly Page Send this Story to a Friend
· New: Cheap car that runs on compressed air067102007-06-29Printer Friendly Page Send this Story to a Friend
· Charity attacks rush for biofuels031952007-06-29Printer Friendly Page Send this Story to a Friend
· The Problem's Not Peak Oil, It's Politics042402007-06-29Printer Friendly Page Send this Story to a Friend
· Groups unite to halt EU biofuels rush033902007-06-29Printer Friendly Page Send this Story to a Friend
· When John Carlson is wrong070402007-06-28Printer Friendly Page Send this Story to a Friend
· Innovation Keeps Prudhoe Bay Going Beyond Expectations067332007-06-28Printer Friendly Page Send this Story to a Friend
· Inside fusion's fortress048102007-06-28Printer Friendly Page Send this Story to a Friend
· Refiner rebound flattens U.S. oil curve, Brent spread052452007-06-28Printer Friendly Page Send this Story to a Friend
· Heatwaves will 'boost death rate'049802007-06-28Printer Friendly Page Send this Story to a Friend
· Green Junta049652007-06-28Printer Friendly Page Send this Story to a Friend
· U.N.: Deserts could drive out 50 million048702007-06-28Printer Friendly Page Send this Story to a Friend
· Cereal grain production needs to double in the next 50 years055312007-06-28Printer Friendly Page Send this Story to a Friend
· Artic Ice Anomaly Going Off the Chart065812007-06-28Printer Friendly Page Send this Story to a Friend
· Oil jumps above $70 a barrel062702007-06-28Printer Friendly Page Send this Story to a Friend
· Test determines fuel yield of corn043002007-06-28Printer Friendly Page Send this Story to a Friend
· IEA: without Iraqi oil, we'll be in deep trouble by 2015065952007-06-28Printer Friendly Page Send this Story to a Friend
· Oil prices may spiral even higher066002007-06-28Printer Friendly Page Send this Story to a Friend
· Oil Workers in 6 Brazilian States Approve Strike in July041502007-06-28Printer Friendly Page Send this Story to a Friend
· Transformer at German nuke plant catches fire033902007-06-28Printer Friendly Page Send this Story to a Friend
· The Oil Drum: This Week in Petroleum044302007-06-28Printer Friendly Page Send this Story to a Friend
· Stuck at crossroads . . . without fuel042602007-06-28Printer Friendly Page Send this Story to a Friend
· No Short Supply of Freaking Doom!061502007-06-28Printer Friendly Page Send this Story to a Friend
· Rejecting the Real Snake Oil047952007-06-28Printer Friendly Page Send this Story to a Friend
· Congress wants U.S. coal industry destroyed: exec035002007-06-28Printer Friendly Page Send this Story to a Friend
· Iran's oil restrictions 'a warning for Australia'054802007-06-28Printer Friendly Page Send this Story to a Friend
· It's not too late to change world048002007-06-28Printer Friendly Page Send this Story to a Friend
· 500,000 bpd Nigeria crude to remain shut-in through 2007039002007-06-28Printer Friendly Page Send this Story to a Friend
· Chavez: Venezuela, Russia remain strategic partners034702007-06-28Printer Friendly Page Send this Story to a Friend
· Cannon lashes out at Dems for oil shale delay036302007-06-28Printer Friendly Page Send this Story to a Friend
· Pemex Sets Oil Output Goal of 3.1 Mln Barrels a Day045812007-06-28Printer Friendly Page Send this Story to a Friend
· Germany to Aid Organic Solar Cell Developments046702007-06-28Printer Friendly Page Send this Story to a Friend
· India's Emissions May be Higher Due to Dams - Study038302007-06-28Printer Friendly Page Send this Story to a Friend
· How many bottles of Chianti does it take to fill up a BMW?046402007-06-28Printer Friendly Page Send this Story to a Friend
· Earth, wind, solar fire fuel India future039452007-06-28Printer Friendly Page Send this Story to a Friend
· Qatari Doubts Concept of Gas Cartel033102007-06-28Printer Friendly Page Send this Story to a Friend
· US Energy Secretary: Co Litigation Over Venezuela Projs Likely035932007-06-28Printer Friendly Page Send this Story to a Friend
· Practical responses to peak oil149452007-06-28Printer Friendly Page Send this Story to a Friend
· LIFE AFTER OIL IS COMING ... BUT WILL WE BE READY?161142007-06-28Printer Friendly Page Send this Story to a Friend
· Nigeria - Crude oil:Not a renewable resource138132007-06-28Printer Friendly Page Send this Story to a Friend
· Kremlin lays claim to huge chunk of oil-rich North Pole143452007-06-28Printer Friendly Page Send this Story to a Friend
· Environment and US policy top global fears128602007-06-28Printer Friendly Page Send this Story to a Friend
· This planet ain't big enough for the 6,500,000,000139052007-06-28Printer Friendly Page Send this Story to a Friend
· Giant microwave turns plastic back to oil137302007-06-28Printer Friendly Page Send this Story to a Friend
· Losing Soil262202007-06-27Printer Friendly Page Send this Story to a Friend
· UK Parliamentary Group on Peak Oil and Gas Formed154952007-06-27Printer Friendly Page Send this Story to a Friend
· Venezuela Exit Would Challenge ConocoPhillips Output Targets144702007-06-27Printer Friendly Page Send this Story to a Friend
· This baby is just plain ugly, folks152702007-06-27Printer Friendly Page Send this Story to a Friend
· Stagecoach gets green profit lift141202007-06-27Printer Friendly Page Send this Story to a Friend
· The Oil Drum: Finding Needles in a Haystack152552007-06-27Printer Friendly Page Send this Story to a Friend
· Shell Won't Re-Enter Nigeria's Western Delta This Year148552007-06-27Printer Friendly Page Send this Story to a Friend
· Debts beyond our means162902007-06-27Printer Friendly Page Send this Story to a Friend
· The ''New York Times'' Smears Peak Oil184052007-06-27Printer Friendly Page Send this Story to a Friend
· The Great Corn Con259102007-06-27Printer Friendly Page Send this Story to a Friend
· Free Software as Part of the Anarchist Toolkit269602007-06-27Printer Friendly Page Send this Story to a Friend
· Energy debate must include all options258002007-06-27Printer Friendly Page Send this Story to a Friend
· The Energy Challenge161012007-06-27Printer Friendly Page Send this Story to a Friend
· Analysis: Turkey's energy future139902007-06-27Printer Friendly Page Send this Story to a Friend
· Australia: Energy profile137702007-06-27Printer Friendly Page Send this Story to a Friend
· May oil output slips at Mexico's Cantarell field155102007-06-27Printer Friendly Page Send this Story to a Friend
· IEA chief economist: High oil prices here to stay147752007-06-27Printer Friendly Page Send this Story to a Friend
· Countries need to enhance oil, natural gas capacity: OPEC president142702007-06-27Printer Friendly Page Send this Story to a Friend
· Bottoming out. Pump prices may have hit lowest point146502007-06-27Printer Friendly Page Send this Story to a Friend
· Energy bill may gouge consumers135802007-06-27Printer Friendly Page Send this Story to a Friend
· US lawmakers warned on anti-OPEC bill130802007-06-27Printer Friendly Page Send this Story to a Friend
· Power cuts hit Cyprus in summer scorcher134202007-06-27Printer Friendly Page Send this Story to a Friend
· Building a Bug to Harvest Oil132902007-06-27Printer Friendly Page Send this Story to a Friend
· Still Apart Over Gas Row, China and Japan Agree to Compile Plan by Fall133302007-06-27Printer Friendly Page Send this Story to a Friend
· Korea: Biodiesel to Become Cheaper Than Light Oil in 4 Years145502007-06-27Printer Friendly Page Send this Story to a Friend
· Climate Change Threatens North Africa Food Supply136502007-06-27Printer Friendly Page Send this Story to a Friend
· Why experts on Mideast are always wrong142802007-06-27Printer Friendly Page Send this Story to a Friend
· Opec must lift oil supply: energy report141502007-06-27Printer Friendly Page Send this Story to a Friend
· India: The oil market is basically all about psychology136902007-06-27Printer Friendly Page Send this Story to a Friend
· Bolivia reclaims oil refineries129302007-06-27Printer Friendly Page Send this Story to a Friend
· Venezuela oil boom raises inflation spectre130602007-06-27Printer Friendly Page Send this Story to a Friend
· Gas stations attacked amid anger over Iran's new fuel rationing131832007-06-27Printer Friendly Page Send this Story to a Friend
· Exxon, Conoco drop Venezuela oil projects133302007-06-27Printer Friendly Page Send this Story to a Friend
· New Technology Could Lead To More Energy-Efficient Ethanol Production139002007-06-27Printer Friendly Page Send this Story to a Friend
· Germany mulling programme to boost energy efficiency132502007-06-26Printer Friendly Page Send this Story to a Friend
· EPA Spending $118 Million to Eliminate Greenhouse Gas Emissions131902007-06-26Printer Friendly Page Send this Story to a Friend
· Iran oil exports at risk in UK ship sanctions plan137102007-06-26Printer Friendly Page Send this Story to a Friend
· Global efforts to substitute for oil: Learning by doing ourselves in136602007-06-26Printer Friendly Page Send this Story to a Friend
· OPEC Outlook: Demand For OPEC Oil By 2010 Below 2005 Level140452007-06-26Printer Friendly Page Send this Story to a Friend
· Biotech breakthrough could end biodiesel's glycerin glut136002007-06-26Printer Friendly Page Send this Story to a Friend
· The Next Generation of Biofuels135502007-06-26Printer Friendly Page Send this Story to a Friend
· ABF, BP and DuPont to Build $400M Bioethanol Plant131302007-06-26Printer Friendly Page Send this Story to a Friend
· Records tumble as Britain is hit by months of extremes139502007-06-26Printer Friendly Page Send this Story to a Friend
· Warnings that went down the drain135002007-06-26Printer Friendly Page Send this Story to a Friend
· More US commuters drive solo138702007-06-26Printer Friendly Page Send this Story to a Friend
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