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oil shock Archive
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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 […] -
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, […] -
Australian budget hit by GFC and high oil prices (part 1)
Posted on May 28, 2014 | No CommentsThe 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 […] -
Brisbane Airport Link: another tollway miracle of growing debt and assumed traffic growth (part 1)
Posted on July 6, 2012 | No CommentsSummary Brisconnections’ Airport Link is based on a financing model with increasing debt until 2026 and repayment of debt only after 2035. In the context of the evolving debt crisis […]