The Australian Federal Government’s cumulative cash balance between 2008/09 and 2013/14 was deep in the red, at $ -241 bn. If company tax had continued to grow at pre-GFC levels this deficit…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
10 years after peak oil in Vietnam: Asian Century sails into troubled waters in the South China Sea
Only weeks after the Australian Prime Minister Tony Abbott introduced “Team Australia to help China build the Asian Century” to the Boao Forum on the island of Hainan in the South China…
M2 daily traffic growth below Transurban’s expectations
In what might be an early warning sign, Transurban traffic data for the 1st quarter 2014 show that ADT on the M2 – after a 9 month ramp-up period following the opening…
Why the closure of BP’s Brisbane Bulwer refinery reduces Australia’s energy security
Contrary to BP’s media statement the closure of the Bulwer refinery in Brisbane will reduce Australia’s energy security because Australia’s crude oil imports as refinery feedstock come from a dozen or so…
Australian governments want to pay $810m subsidy for unviable road tunnel in Sydney while competing rail projects under construction (part 3)
In parts 1 and 2 of this series of articles on the proposed NorthConnex road tunnel we found that project related documents fail to deal with oil supply constraints and that benefit…
Australian governments want to pay $810m subsidy for unviable road tunnel in Sydney while Benefit Cost Ratio is low (part 2)
The 1st part of this series of articles analysed that the oil supply situation will be tight by 2019 when the proposed road tunnel is supposed to open. This 2nd part continues…
Australian governments want to pay $810m subsidy for unviable road tunnel in Sydney as next oil price spike looms (part 1)
The Federal government refused to financially help car manufacturers and airlines, arguing that companies need to get their “house in order”. The Federal budget is deep in the red. Yet, billions of…
Ex-Saudi Aramco geologist Dr Husseini predicts oil price spikes of USD 140 by 2016-17: graphs
In an interview with ASPO USA in January 2014 Ex-Saudi Aramco geologist Dr. Sadad-Al-Husseini predicted oil price spikes of $140 by 2016/17. This post shows some graphs explaining why this could happen….
World crude production 2013 without shale oil is back to 2005 levels
Unnoticed by the mainstream media, US shale oil covers up a recent decline of crude oil production of 1.5 mb/d in the rest of world (using data up to Oct 2013). This…
The end of airlines predicted by no other than former Qantas CEO Geoff Dixon in July 2008
The Sydney Morning Herald published the following article 2 days after Qantas CEO Alan Joyce announced a 1st half year loss of $252 million and job cuts of 5,000 Mayday: how Qantas…