1 year ago the Australian Federal Government refused to table their internal peak oil report BITRE 117 before a Senate hearing on the grounds that the report was not “up to scratch”….
Brisbane Airport Link: at the end of the road tunnel investor money flies away (part 2)
Only 2 weeks after NSW infrastructure boss Nick Greiner could not answer the question how toll-way debt in Sydney can be paid back, the answer comes from another Australian capital city: never….
No debt repayment plan for Sydney’s toll-ways
At a recent ITLS seminar, Infrastructure NSW’s chairman Nick Greiner could not show calculations how Sydney’s existing toll-way debt, not to mention future debt from proposed new toll-ways, will ever be paid…
Shrinking crude oil exports A tough game for oil importers
Using JODI data, crude oil exports have peaked in 2005/2006 and since then have shrunk by a total of 5% despite export growth in several countries including Iraq and Canada (unconventional oil…
Report Card 2012: it was a very good year – for peak oil denial
Contents: 1 Australian government failed to update its internal peak oil report 2 NSW government can’t deal with peak oil 3 Media dropped ball on peak oil and impact of unconventional fuels…
75 pct of global crude production in 2012 was not higher than in 2005
The following graph shows the changes in global crude oil production since January 2001. The data source is the EIA International Energy Statistics downloaded in December 2012 http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm Countries have been stacked…
Last Xmas train from Sydney to Newcastle CBD
Ho, Ho, Ho. Doors closing, line closing ….. stand clear. As a perfect X’mas present, NSW Planning Minister Brad Hazzard announced the closure of the rail line to the Newcastle CBD. For…
Wanton destruction of bus ramp in Sydney continues
Demolition work on the M2, to make way for a 3rd car lane 9/12/2012 While the Middle East is falling apart, with yet unknown consequences for oil supplies, only 3 tanker weeks…
US still needs to import 50 percent of its crude oil requirements despite increasing shale oil production
This is an update to the previous article on US shale oil Summary The US based Energy Information Administration has increased its previous crude oil production forecast from 6.7 mb/d to 7.5…
US shale oil hype
The media are full of reports – quoting the recently published World Energy Outlook of the International Energy Agency (IEA) – about an energy revolution in the US, which is going to…