Qantas grounds all flights 29/10/2011 http://www.smh.com.au/travel/travel-news/qantas-grounds-all-flights-20111029-1mpao.html These problems don’t come unexpectedly Qantas cuts staff, flights to counter fuel price hit 30/3/2011 “The price of Singapore jet fuel has risen from around $US88…
Author: matt
Australia beats them all – in oil imports
Among OECD countries Australia is #1 in increasing its net oil imports over the last decade, for some a proud, for others a sad achievement. Federal Resource Minister Martin Ferguson told me…
NSW gas as transport fuel. Where are the plans?
Gas series part 2: NSW Scarred landscape: 90 coal seam gas wells South of Chinchilla, Queensland 6,000 wells are needed for the QCLNG export project over 20 years. Are we using the…
Australia’s natural gas squandered in LNG exports
East Coast Part 1 Oil crunch in year x: truck in a convoy of consequences for Canberra LNG export terminal in Gladstone Going…..going……gone Contents (1) The national gas supply context (2) Conventional…
Net crude oil exports – the shrinking commodity
Total crude oil exports peaked at 44.4 mb/d in 2005 and declined by 3.1 mb/d to 41.3 mb/d in 2009, double the rate at which crude production declined during the same period…
Australian Senate ignores 80pc depletion level of crude oil
Australian Senators continue to ignore oil depletion facts Extract from the Hansard, 14/9/2011 Senator MARK BISHOP (Western Australia) (17:20): ……….With our vast resources and rapidly expanding oil and gas sector we…
NSW budget 2011_12 does not increase oil use productivity
The NSW government went into a deficit of $718 m for the budget year 2011/12 while at the same time wasting billions on highway duplication projects conceived 10 years ago, without checking…
1 billion vehicles in year 7 of peak oil
In 2010, the number of vehicles on the world’s roads surpassed the symbolic 1 billion mark. The International Energy Agency, which advised earlier in the year that conventional crude oil production has…
Iran crude oil decline to 2016
The IEA Medium Term Oil Market Report June 2011 published this widely ignored graph: http://www.iea.org/publications/free_new_Desc.asp?PUBS_ID=2392 The report says on page 18 and 80: “An adverse investment climate, however, sees Iranian crude capacity…
A glimpse into the era of fuel shortages
Last week’s fuel shortages in Malawi give us a glimpse into the future of what will happen when these shortages arrive at our own filling stations. While there are many speculations on…