This post uses data released by the BP Statistical Review in June 2018 https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html Oil production seems to have left its bumpy 6 year long (2010-2015) plateau of 8.4 mb/d and is…
Tag: China oil demand
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth
At this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://www.internationalaffairs.org.au/news-item/australia-todays-world/ John Howard was happy to report that Chinese…
Asia Pacific oil supply gap widening as China production drops
The annual BP Statistical Review with data up to and including 2016 was published last week. In this post we have a look at oil statistics for Asia – Pacific. China’s oil…
Australian ABC TV selectively quotes BP to match its own “no worries” narrative
On the 7 pm news of Friday, 26/5/2017, with 610K viewers, ABC TV quoted from BP’s Energy Outlook 2017 by cherry-picking parts of graphs, giving viewers the impression that there are no…
China’s oil peak 45 years after the US peak
Fig 1: Oil crisis in China like in 2005? No. By order: Free roads for G20 in Hangzhou https://www.theguardian.com/world/2016/aug/31/china-hangzhou-propaganda-facelift-g20-summit Strategically published only days before the G20 summit the Wall Street Journal had…
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…