Why?
Well there are extraction costs and new discoveries
And history suggests oil was never hoteling hoarded
Really pk
The guy really resists the commodity market specdom thesis
Though he suggests oil maybe now possibly about to be on the vege of being
Hoteling hoarded
At least he now realizes hoarding oil means not pumping at max rate
He's blinded by his desire for peak oil pricing to act as a de facto green pig tax
Boarders reeping wind falls profits
A case of doing good by doing well
