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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: March 2008

ArticlescommentsreadsScoreDateActions
· UK: Norfolk Broads 'could be lost to sea in a year'170812008-03-31Printer Friendly Page Send this Story to a Friend
· British Airways profits slashed by Goldman Sachs059252008-03-31Printer Friendly Page Send this Story to a Friend
· Rx: Canned goods and ammunition088252008-03-31Printer Friendly Page Send this Story to a Friend
· Australia: NASA scientist asks Rudd to halt coal exports10071352008-03-31Printer Friendly Page Send this Story to a Friend
· Setbacks cast pall on Saudi gas fields073352008-03-31Printer Friendly Page Send this Story to a Friend
· Visiting editors' parting shots: Oil, vouchers and volunteering052152008-03-31Printer Friendly Page Send this Story to a Friend
· As Jobs Vanish and Prices Rise, Food Stamp Use Nears Record060952008-03-31Printer Friendly Page Send this Story to a Friend
· Ghawar Numerology: Drilling in Uthmaniyah064952008-03-31Printer Friendly Page Send this Story to a Friend
· World's phosphorus situation scares some scientists07944.52008-03-31Printer Friendly Page Send this Story to a Friend
· Gore to unveil $300 million warming campaign053952008-03-31Printer Friendly Page Send this Story to a Friend
· Larson Ponders Curbs To Oil Market Speculation056352008-03-31Printer Friendly Page Send this Story to a Friend
· What would you ask Big Oil?050552008-03-31Printer Friendly Page Send this Story to a Friend
· Oil In a Week (The Battle of Basra and its Oil Dimension)052852008-03-31Printer Friendly Page Send this Story to a Friend
· Oil firms are caught in a squeeze play06364.662008-03-31Printer Friendly Page Send this Story to a Friend
· American West Heating Nearly Twice As Fast As Rest Of World066752008-03-31Printer Friendly Page Send this Story to a Friend
· Project To Help Power Developing Nations Underway051002008-03-31Printer Friendly Page Send this Story to a Friend
· Conservative magazine blasts Bush oil policy in Iraq war9171702008-03-31Printer Friendly Page Send this Story to a Friend
· Hawaii: Government searches for ways to help airline052002008-03-31Printer Friendly Page Send this Story to a Friend
· How many things can go wrong all at once, and still be managed?059302008-03-31Printer Friendly Page Send this Story to a Friend
· Jewish group slams Swiss-Iran gas deal048002008-03-31Printer Friendly Page Send this Story to a Friend
· Those who control oil and water will control the world167102008-03-31Printer Friendly Page Send this Story to a Friend
· The paradox of production058602008-03-31Printer Friendly Page Send this Story to a Friend
· Libya to Redefine All Contracts with Oil Companies050302008-03-31Printer Friendly Page Send this Story to a Friend
· Diesel Shortage Spreads to Beijing055202008-03-31Printer Friendly Page Send this Story to a Friend
· Michael Klare: The Architects of War054552008-03-31Printer Friendly Page Send this Story to a Friend
· Truckers to protest fuel costs060802008-03-31Printer Friendly Page Send this Story to a Friend
· Down-home apocalypse9088042008-03-31Printer Friendly Page Send this Story to a Friend
· Lebanon's top Shiite cleric bans attacks against public utilities in Iraq045402008-03-31Printer Friendly Page Send this Story to a Friend
· Gazprom ups pipeline costs, delays oil project9461152008-03-31Printer Friendly Page Send this Story to a Friend
· UK: Energy Minister Malcom Wicks grants change for green energy045702008-03-31Printer Friendly Page Send this Story to a Friend
· India Turns to Angola for Oil After Losing in Energy Auctions061252008-03-31Printer Friendly Page Send this Story to a Friend
· Indonesia feels the pinch as oil, commodity prices surge063352008-03-30Printer Friendly Page Send this Story to a Friend
· Thai temple fights off encroaching tide as world sea levels rise071112008-03-30Printer Friendly Page Send this Story to a Friend
· Austrian glaciers shrink the most in five years060702008-03-30Printer Friendly Page Send this Story to a Friend
· Kenya - Charcoal: A short-term fix to energy problem063752008-03-30Printer Friendly Page Send this Story to a Friend
· Hitting EU's energy targets will cost Brits at least £2,000052352008-03-30Printer Friendly Page Send this Story to a Friend
· Energy bills misery for Welsh households057252008-03-30Printer Friendly Page Send this Story to a Friend
· Bangladesh needs $8 bln investment in energy sector054152008-03-30Printer Friendly Page Send this Story to a Friend
· Brazil announces new oil reserves08533.662008-03-30Printer Friendly Page Send this Story to a Friend
· Oil may not grease friendship053632008-03-30Printer Friendly Page Send this Story to a Friend
· Higher Crude Prices Jack Up Korea's Oil Import Bill051352008-03-30Printer Friendly Page Send this Story to a Friend
· Facing up to the coming resources crunch07674.832008-03-30Printer Friendly Page Send this Story to a Friend
· Mexico to start afresh in oil reform talks049032008-03-30Printer Friendly Page Send this Story to a Friend
· Iraq's Sadr orders followers off streets050052008-03-30Printer Friendly Page Send this Story to a Friend
· Ethiopia arrests 8 suspects in oilfield attack048552008-03-30Printer Friendly Page Send this Story to a Friend
· In gas-rich Gulf, supplies fall short062952008-03-30Printer Friendly Page Send this Story to a Friend
· Russia's new energy strategy seems a lot like its old one056202008-03-30Printer Friendly Page Send this Story to a Friend
· Oil market well-supplied, UAE OPEC governor says9562912008-03-30Printer Friendly Page Send this Story to a Friend
· Agip oil output halted in Ecuador after sabotage9571502008-03-30Printer Friendly Page Send this Story to a Friend
· Vladimir Putin wants tunnel between Chukotka and Alaska9985302008-03-30Printer Friendly Page Send this Story to a Friend
· Iraq's oil exports, refinery operations back to normal, official says060002008-03-30Printer Friendly Page Send this Story to a Friend
· Canada: Liquid asset9199602008-03-29Printer Friendly Page Send this Story to a Friend
· New Iraq receiving baptism of fire in Basra063202008-03-29Printer Friendly Page Send this Story to a Friend
· The Clean Energy Scam8598952008-03-29Printer Friendly Page Send this Story to a Friend
· Pemex eyes full oil reserves replacement in 201218961.82008-03-29Printer Friendly Page Send this Story to a Friend
· Britain seeks loophole in EU green energy targets061702008-03-29Printer Friendly Page Send this Story to a Friend
· Airlines Lighten Up to Cut Fuel Costs8280152008-03-29Printer Friendly Page Send this Story to a Friend
· Shell researching non-food crop biofuels072752008-03-29Printer Friendly Page Send this Story to a Friend
· 'Cheap $100 oil' not to curb demand - Simmons interview0110352008-03-29Printer Friendly Page Send this Story to a Friend
· Vladimir Putin bids for Iraq oil stakes06334.52008-03-29Printer Friendly Page Send this Story to a Friend
· Oil and power in Latin America064202008-03-29Printer Friendly Page Send this Story to a Friend
· Brazil, Venezuela Pledge Deeper Energy Integration056212008-03-29Printer Friendly Page Send this Story to a Friend
· Peak oil? Consider it solved08544.52008-03-29Printer Friendly Page Send this Story to a Friend
· Will capitalism survive climate change?07184.52008-03-29Printer Friendly Page Send this Story to a Friend
· Asian rice crisis starts to bite069252008-03-29Printer Friendly Page Send this Story to a Friend
· Russian Oil Output May Fall for First Time in Decade in 2008066752008-03-29Printer Friendly Page Send this Story to a Friend
· 'Perma(nent) Culture'056402008-03-29Printer Friendly Page Send this Story to a Friend
· The Arctic ice and the carbon dioxide058402008-03-29Printer Friendly Page Send this Story to a Friend
· Peak oil’s slippery slope074552008-03-29Printer Friendly Page Send this Story to a Friend
· Warning on plastic's toxic threat056902008-03-29Printer Friendly Page Send this Story to a Friend
· Vietnam must improve sea defence in climate change fight054502008-03-29Printer Friendly Page Send this Story to a Friend
· Nigeria's forests to disappear by 2020: expert052552008-03-29Printer Friendly Page Send this Story to a Friend
· Nanomaterial turns radiation directly into electricity057502008-03-29Printer Friendly Page Send this Story to a Friend
· Climate change threatens Amazonian small farmers052702008-03-29Printer Friendly Page Send this Story to a Friend
· Ryanair execs take pay freeze as oil soars053702008-03-29Printer Friendly Page Send this Story to a Friend
· Despite Awareness of Global Warming US Concerned More with Local Environment050602008-03-29Printer Friendly Page Send this Story to a Friend
· Peak Oil Passnotes: Peak Oil Is Here, Enjoy059742008-03-29Printer Friendly Page Send this Story to a Friend
· Sleepily eyeing a peak in world oil output9612694.52008-03-28Printer Friendly Page Send this Story to a Friend
· The New Face of Crime: Copper Theft185352008-03-28Printer Friendly Page Send this Story to a Friend
· Colin Campbell and the Crack of Doom116643.52008-03-28Printer Friendly Page Send this Story to a Friend
· More-Powerful Solar Cells1112902008-03-27Printer Friendly Page Send this Story to a Friend
· The Peak Oil Crisis: Load Shedding0113052008-03-27Printer Friendly Page Send this Story to a Friend
· Too Far, Too Fast: The Trouble with $100 Oil2153232008-03-27Printer Friendly Page Send this Story to a Friend
· The Pied Piper of Peak Oil0128952008-03-27Printer Friendly Page Send this Story to a Friend
· Military action to influence oil-producing nations ineffective, expert says079452008-03-27Printer Friendly Page Send this Story to a Friend
· Treasure in the desert095852008-03-27Printer Friendly Page Send this Story to a Friend
· The oil slickers will survive212063.282008-03-26Printer Friendly Page Send this Story to a Friend
· Australia: The oil price is no big deal for toll roads078752008-03-26Printer Friendly Page Send this Story to a Friend
· New eco-towns to make it hard going for cars with 15mph limit87107832008-03-26Printer Friendly Page Send this Story to a Friend
· Cambodian dam plans suffer information drought066252008-03-26Printer Friendly Page Send this Story to a Friend
· Nuclear is UK's new North Sea oil - minister07232.332008-03-26Printer Friendly Page Send this Story to a Friend
· 'New bill to ready SA for oil shortage'072452008-03-26Printer Friendly Page Send this Story to a Friend
· Cambodian oil production to start in 2011: energy official076952008-03-26Printer Friendly Page Send this Story to a Friend
· We Need To Solve The Oil Crisis--Now9413853.752008-03-26Printer Friendly Page Send this Story to a Friend
· Biofuel demand 'will increase GHGs'064802008-03-26Printer Friendly Page Send this Story to a Friend
· The strain of $100 oil for Gulf states079932008-03-26Printer Friendly Page Send this Story to a Friend
· Without biofuel crude prices could be $150-200073012008-03-26Printer Friendly Page Send this Story to a Friend
· Satellite images of Wilkins Ice Shelf collapse012032.832008-03-26Printer Friendly Page Send this Story to a Friend
· Oil Firms 'In Liquidation,' Says Simmons0116052008-03-26Printer Friendly Page Send this Story to a Friend
· Peak Oil vs. Global Warming090952008-03-26Printer Friendly Page Send this Story to a Friend
· The Economy and Crude Oil85133952008-03-25Printer Friendly Page Send this Story to a Friend
· Antarctic ice shelf collapses in runaway disintegration091502008-03-25Printer Friendly Page Send this Story to a Friend
· Login Issue - Update074402008-03-25Printer Friendly Page Send this Story to a Friend
· Peak Oil Forum Login054902008-03-25Printer Friendly Page Send this Story to a Friend
· Is the Arctic the Last Great Oil Frontier?09832.52008-03-25Printer Friendly Page Send this Story to a Friend
· The Military-Petroleum Complex010854.662008-03-25Printer Friendly Page Send this Story to a Friend
· S. Korea to Cut Tariffs on Oil Imports063402008-03-25Printer Friendly Page Send this Story to a Friend
· The Russian Bear Awakens: A Global Macro View09872.52008-03-25Printer Friendly Page Send this Story to a Friend
· Chinese gov't to spend 78% more on energy efficiency, emission reduction065102008-03-25Printer Friendly Page Send this Story to a Friend
· S-Af: Energy-crisis myths, misrepresentations and fallacies071752008-03-25Printer Friendly Page Send this Story to a Friend
· New Limits to Growth Revive Malthusian Fears0104842008-03-25Printer Friendly Page Send this Story to a Friend
· Algae biofuel 'in five years'077702008-03-25Printer Friendly Page Send this Story to a Friend
· Mexico's oil production falls 6.4 percent in first two months of year082142008-03-25Printer Friendly Page Send this Story to a Friend
· Oil hunt drives Peru’s last native people to a corner066302008-03-25Printer Friendly Page Send this Story to a Friend
· UK: Biofuels will speed climate change, chief scientist says063002008-03-25Printer Friendly Page Send this Story to a Friend
· Cheney says Saudis kept promise on oil production08133.52008-03-24Printer Friendly Page Send this Story to a Friend
· UK: Mysterious death of the petrol station1109152008-03-24Printer Friendly Page Send this Story to a Friend
· Smuggling drains Bolivia of oil riches069652008-03-24Printer Friendly Page Send this Story to a Friend
· China’s SUV Culture: Flaunting Fat Wallets While Choking on Dirty Air072752008-03-24Printer Friendly Page Send this Story to a Friend
· FACTBOX-US military fuel spending7781752008-03-24Printer Friendly Page Send this Story to a Friend
· Can Less Oil Consumption in the West Lead to Lower Global Demand?073552008-03-24Printer Friendly Page Send this Story to a Friend
· Philippines: After oil and rice crises, a power crisis292652008-03-24Printer Friendly Page Send this Story to a Friend
· Russia Drafts Law Limiting Foreign Investment062152008-03-24Printer Friendly Page Send this Story to a Friend
· Rwanda: Gadaffi - Where Oil, Religion And Business Mix062152008-03-24Printer Friendly Page Send this Story to a Friend
· Chinese demand for oil up 6.2%06984.52008-03-24Printer Friendly Page Send this Story to a Friend
· Oil falls on Saudi statements assuring increases in supply069132008-03-24Printer Friendly Page Send this Story to a Friend
· Biofuel boom threatens food supplies: Nestle076552008-03-24Printer Friendly Page Send this Story to a Friend
· UAE says to explore nuclear energy for electricity063032008-03-24Printer Friendly Page Send this Story to a Friend
· Double-digit oil price is history: R S Sharma08014.52008-03-24Printer Friendly Page Send this Story to a Friend
· Germany Is Running Out of Energy, Says Expert080652008-03-24Printer Friendly Page Send this Story to a Friend
· Study: Black Carbon Pollution Major Factor in Global Warming067502008-03-24Printer Friendly Page Send this Story to a Friend
· S-AF: Eskom wants a 60% price hike063152008-03-24Printer Friendly Page Send this Story to a Friend
· UK: When Thom met Ken062202008-03-24Printer Friendly Page Send this Story to a Friend
· UK: Call to boost water freight061802008-03-24Printer Friendly Page Send this Story to a Friend
· For America and Europe, a sticky oil situation07831.252008-03-24Printer Friendly Page Send this Story to a Friend
· UK: Call for delay to biofuels policy060402008-03-24Printer Friendly Page Send this Story to a Friend
· Truckers threatening to strike9192542008-03-24Printer Friendly Page Send this Story to a Friend
· Peak? maybe just some slippery price waves.068002008-03-24