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- Matt Mushalik (MEAust, CPEng) Sydney
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![Prime Minister Malcolm Turnbull’s exciting energy security in Australia A miracle happened 1 minute to 12. Two journos asked energy security questions at last week’s National Press Club in which Australia’s Prime Minister Malcolm Turnbull was given a last […]](https://crudeoilpeak.info/wp-content/uploads/Australian_crude_oil_imports_2004_Apr2016_by_country-115x115.jpg)
![80 % of Australian budget deficit comes from lower company tax revenue after GFC (part 3) In this part on the budget 2016 series we have a look at the federal revenue: Fig 32: Time series of federal tax revenue Income tax was growing strongly at […]](https://crudeoilpeak.info/wp-content/uploads/Australian_taxation_revenue_2001-E2017-115x115.jpg)
![Peak Oil in Asia and oil import trends (part 2) We pick up the question from part 1: Fig 11: Homework for governments Let’s have a look where all the net imports into Asia have come from in the past: […]](https://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_consumption_2005-2015_fill_in-2035-115x115.jpg)
![Peak Oil in Asia (part 1) According to data recently published in BP’s 2016 Statistical Review Asian oil production remained at around 8.3 mb/d for 4 years now. Fig 1: Asian oil production We see the […]](https://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_1965-2015-115x115.jpg)
![Australian budget 2016 underestimates role of oil (part 2) In part 1 we found that Treasury did not really explain why global growth is slower than expected given the oil price drop. We looked at some parameters like employment, […]](https://crudeoilpeak.info/wp-content/uploads/2016/06/Australian_oil_production_vs_exports_2000_2015-115x115.jpg)
![Australian budget 2016 underestimates role of oil part 1 Let’s see how the Budget 2016 deals with oil. http://www.budget.gov.au/2016-17/content/ The most important statement on oil in budget paper 1is summarised in the chapter “Economic Outlook” Box 5 Lower oil […]](https://crudeoilpeak.info/wp-content/uploads/2016/05/Australian_petroleum_exploration_expenditure_Dec2010-Dec20151-115x115.jpg)
![Australian Public Broadcaster ABC unable to look at oil statistics Four times in as many months did ABC publish inaccurate statements about US shale oil. A glut of mis-information. This is unacceptable because it leads to wrong policy decisions and […]](https://crudeoilpeak.info/wp-content/uploads/2016/04/ABC_7pm_news_16-1-2016-115x115.jpg)
![US shale oil peak in 2015 The recent EIA drilling productivity reports show a peaking of shale oil production in the main production regions. https://www.eia.gov/petroleum/drilling/ Fig 1: Bakken production change from old/new wells The 1st panel […]](https://crudeoilpeak.info/wp-content/uploads/2016/03/US-crude_production_7regions_rest_2007-Mar2016-115x115.jpg)
![No ticket to ride at Sydney train station Imagine you are a stressed Sydney motorist and you have finally decided to leave your car at home and take a train to the city. You arrive at a major […]](https://crudeoilpeak.info/wp-content/uploads/2016/03/No_ticket_to_ride_Sydney_Trains-115x115.jpg)
![Peak oil in the South China Sea (part 1) The recent deployment of missile launchers and jet fighters on Woody Island of the Paracel islands have put the spotlight on the South China Sea (SCS). Fig 1: The 200 mile Economic […]](https://crudeoilpeak.info/wp-content/uploads/2016/02/Oil_production_South_China_Sea_Oct2015-115x115.jpg)