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.
Joined: May 15, 2005 Posts: 4144 Location: THE MATRIX
Posted: Thu Apr 19, 2007 11:56 am Post subject: Re: A Little Advice Please...
Did anyone film the event?
Would make a nice youtube video perhaps.
How about a transcipt of the event, at least Q & A session? _________________ It is easier to enslave a people that wish to remain free then it is to free a people who wish to remain enslaved.
Posted: Thu Apr 19, 2007 12:47 pm Post subject: Re: A Little Advice Please...
Nope... It was pretty much just End of Suburbia, then I spoke with the audience for a bit.
No video etc... _________________ "We shall not cease from exploration
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time." - TS Eliot*
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