Australia comes up with yet another grand energy policy in which gas is supposed to deliver dispatchable (peak) power. From the Prime Minister’s website: NATIONAL ENERGY GUARANTEE TO DELIVER AFFORDABLE, RELIABLE ELECTRICITY…
Peak oil in Latin America
This post is using mainly BP’s Statistical Review published in June 2017. Although these statistics put Mexico under North America, it is included here and added to South and Central America’s data…
Almost half of Australia’s petrol, diesel and jet fuel imports come from South Korea and Japan
As the world wonders what comes next in the North Korean missile crisis we need to have a look what a military confrontation would mean for Australia. This article from the Sydney…
Sydney planning chaos: New Planning Review makes no provision for light rail at Epping station (part 2)
Continuation from part 1 There must be a proper LR terminus at Epping. Let’s look at the options. The closest location to the station would be on the South bound part of…
Sydney planning chaos: New Planning Review makes no provision for light rail at Epping station (part 1)
A planning review for Sydney’s suburb of Epping which started in 2016 contains an interim traffic report with a focus on cars and parking. https://www.cityofparramatta.nsw.gov.au/about-parramatta/precinct-planning/epping-planning-review No land or road space is set aside…
Australia’s oil stock coverage on record low
In prime time evening news of the Australian public broadcaster ABC TV, on 21 June 2017, the business presenter Alan Kohler tried to explain a fall in oil prices by “record oil…
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…
Brent Exit
UK has actually more important problems to solve than the planned Brexit and this is the exit of their oil and gas industry over the years to come. This is not a…
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…
Australian Budget 2017-18 ignores IEA oil price warning
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, the International…