Do it yourself. This takes 2 minutes. Australian government web site. CLICK 1 Type in google the search word “Geoscience Australia” CLICK 2 Click on http://www.ga.gov.au/ CLICK 3 Click on “Publications” CLICK…
Author: matt
Ghost traffic on US tollway hits peak oil ignorant banks and investors
The Pocahontas tollway South of Richmond, Virginia, is the latest example how the combination of embellished traffic projections and a weak economy – caused by high oil prices – have resulted in…
BP Statistical Review 2012 Analysis Part 1 Discrepancies and Peak Exports
Graphs prepared using data from the BP Statistical Review 2012 http://www.bp.com/sectionbodycopy.do?categoryId=7500&contentId=7068481 (1) Discrepancies BP data show oil consumption being higher than oil production. The discrepancy has been growing from 1998 and was…
Global debt and oil prices
From the Economist’s website: global public debt has reached $US 45 trillion. http://www.economist.com/content/global_debt_clock We compare the stacked debt curves with the NYMEX oil price: The steep rise of both debt and oil…
NSW regional railway clock stopped at midnight but Hunter coal trains are rolling
Impressions from a train trip Sydney – Armidale in year #8 of peak oil and 8 years away from Hansen’s deadline on coal. 3 car Country Link train arriving at the Sydney…
IMF team warns of global economy entering uncharted territory with US$ 180 a barrel in 2021
In April 2011 the IMF predicted oil prices – at that time US$ 80 – would increase by 60% within a year, i.e. US$ 128. Actual oil prices in April 2012 were…
Incremental crude oil production update January 2012
The following graph shows the changes in global crude oil production since January 2001. This start year is being used to make the graph comparable to previous graphs which were based on…
Queensland plans to export more than 10 times the gas NSW needs (part 3)
Australia, wanting to project itself as the energy super power, faces domestic gas shortages in its Premier State, New South Wales. This is what the public is made aware of in articles…
Howard’s wrong decisions on offshore gas exports start to hit transport sector now
The trucking company 1st Fleet has gone into voluntary administration. Only months of checking the books by the administrator de Vries Tayeh will reveal why that happened but following factors may be…
NSW Transport Master Plan debates conventional oil peak 2006, assumes continuing oil age
In a discussion paper on a Transport Master Plan, released on 24/2/2012 and for which submissions closed in the last week of April, the NSW government thinks it can still debate the…