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Financial Crisis Archive
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![Empty roads, grounded aircraft, falling tourist and international student numbers, plunging car sales, empty super market shelves, disrupted supply chains… Fig 1: Empty roads in Wuhan in February 2020 China […]](http://crudeoilpeak.info/wp-content/uploads/Wuhan-20Feb2020-115x115.jpg "Impact of Corona Virus similar to some earlier peak oil scenarios")
Impact of Corona Virus similar to some earlier peak oil scenarios
Posted on March 10, 2020 | No CommentsEmpty roads, grounded aircraft, falling tourist and international student numbers, plunging car sales, empty super market shelves, disrupted supply chains… Fig 1: Empty roads in Wuhan in February 2020 China […] -
![The Budget 2017/18 assumes a Tapis oil price of $55/barrel. However, at such low oil prices, oil companies can’t make sufficient investments to offset decline in existing oil fields. Therefore, […]](http://crudeoilpeak.info/wp-content/uploads/Australian_taxation_revenue_budget_2017-18-115x115.jpg "Australian Budget 2017-18 ignores IEA oil price warning")
Australian Budget 2017-18 ignores IEA oil price warning
Posted on May 25, 2017 | No CommentsThe Budget 2017/18 assumes a Tapis oil price of $55/barrel. However, at such low oil prices, oil companies can’t make sufficient investments to offset decline in existing oil fields. Therefore, […] -
![Summary Virgin’s operating revenues have grown more than 4-fold over 10 years but since 2009 – the year peak oil triggered the global financial crisis – operating expenses were as […]](http://crudeoilpeak.info/wp-content/uploads/2014/02/Virgin_Australia_fuel_cost_vs_ASK_2003_2013-115x115.jpg "Despite growth in passenger numbers Virgin Australia can’t make money since 2009")
Despite growth in passenger numbers Virgin Australia can’t make money since 2009
Posted on February 12, 2014 | No CommentsSummary Virgin’s operating revenues have grown more than 4-fold over 10 years but since 2009 – the year peak oil triggered the global financial crisis – operating expenses were as […]