15 June 2022 by Matt Mushalik (MEng) The Australian public is finally waking up. Not because of academic debate in the social media but by the threat of power cuts. Power uncertainty…
Category: Australia
Australia East Coast Power Crisis (Part 1: NSW demand peaks)
10 June 2022 by Matt Mushalik (MEng) These are typical headlines in the current situation: Australians ‘panicking’ as power prices skyrocket, consumer advocates say 2 June 2022 https://www.abc.net.au/news/2022-06-08/energy-ministers-meet-to-discuss-rising-prices-gas-electricity/101133630 Short-term relief from rising…
Australian fuel import bill going sky-high
In March 2022 Australia’s petroleum product imports have reached almost AU$ 4 bn per month, an increase of 70% compared to December 2019. Fig 1: Petroleum product imports by volume (black lines)…
Australian oil stocks consumption cover
The IEA warns: The prospect of large-scale disruptions to Russian oil production is threatening to create a global oil supply shock. We estimate that from April, 3 mb/d of Russian oil output…
Australian fuel import dependencies Sep 2021 Data
Diesel Imports Fig 15: Diesel imports Diesel imports increased from China since 2015 and also from a brand new Chinese refinery in Brunei. See Fig 18. Fig 16: Diesel imports from China…
Australia crude oil import vulnerabilities Sep 2021 Data
Fig 1: Australian crude oil and condensate production Australian crude production is on a long term decline trend. Condensate has rebounded in 2018 due to an increase from offshore LNG, but since…
China peak diesel
Fig 1: Aljazeera video on truck lines October 2021. Shortages could last for months https://www.youtube.com/watch?v=Sy_uiSlgbIA BBC reporting: China rations diesel amid fuel shortages 29/10/21 Petrol stations in many parts of China have…
Australian Green House Gas emissions down in 2020 due to Covid
The Australian Prime Minister claimed emissions are down 20% from 2005 levels 10 Aug 2021 Prime Minister: “…Australia is part of the solution. Our emissions have fallen by 20 per cent since…
Australia’s diesel imports on record high Update June 2021
Australia’s monthly diesel imports reached a record of 2,360 ML (495 kb/d) in June 2021. While it is common for imports to vary from month to month there is a long term…
Asia Pacific peak oil: 2020 production continued decline at -2.7% pa
Production: pre-Covid trends prevail Fig 1: Oil decline in 2020 was a modest 200 kb/d similar to the post 2015 trend Fig 2: China’s (and Australia’s) modest growth of 65 kb/d (12…