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The USA is the global energy powerhouse

By Jo Nova

Trump said he wanted Energy Dominance. And now the oil tankers are heading to fill up at the USA.

Compare the US to Australia. Downunder there is chaos due to fuel shortages, one in four international flights have been cancelled, and inflation figures have leapt, which may lead to higher interest rates. That in turn will likely force some families to sell their homes, and others to go out of business. These are the costs of bad energy planning. Plus, we’re going cap-in-hand to China to beg for fuel. Other Australians are holding off booking holidays in July, for fear that they won’t be able to pay for the petrol to get there, or the regional pump might run dry, which is also hurting the tourism industry. The chaos, it flows.

In response the the crisis, our government has just arranged for an extra 150 million liters of fuel to arrive which should keep us going for … almost another 24 hours.

If only we had explored for oil and kept a few refineries open?

Meanwhile, the USA, run by Orange-man-bad is setting records for the export of crude oil, diesel and gasoline.

The Energy Report: […]

May 2nd, 2026 | Tags: , , , | Category: Global Warming | Print This Post Print This Post | |

Peak China

Australia might be the largest coal exporter in the world, but only because all the larger producers of coal keep their own and use it themselves. China is the silent giant coal monster — in 2009 Australia exported 260Mt of coal (our largest export industry). That same year China produced (and used) 3 billion tons. In this era, to predict anything globally, we need to understand China. David Archibald is author of the Twilight of Abundance: Why Life in the 21st Century Will Be Nasty, Brutish, and Short. He slices the energy data. (Energy, of course, drives everything). China is eating through its coal — it may be able to sustain this peak rate for a decade or so. Chinese oil appears close to reaching its peak. Growth in Chinese steel production has been slowing since 2006. The implications are provocative. — Jo

Guest Post by David Archibald

China has become wealthier in the last couple of decades but unfortunately is using some of that new wealth for military adventures against its neighbours. The neighbours aren’t happy. Over 60 percent of the people in countries bordering the South China Sea fear Chinese aggression and expect imminent war. If […]

August 8th, 2014 | Tags: , , | Category: Global Warming | Print This Post Print This Post | |

Inconvenient energy paper vanishes from government site

I don’t have a horse in the Peak Oil race, but Energy Security is too important to let the government “disappear” inconvenient reports. As David Archibald points out, at one time the Australian Government went to great lengths to make sure we would be more self sufficient. Lately there are times when Australia doesn’t even have three months supply.– Jo

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Guest Post by David Archibald

Inconvenient report disappeared

About a week ago, the Australian Government released what it called a “Draft Energy White Paper”. It is available here: http://www.ret.gov.au/energy/facts/white_paper/draft-ewp-2011/Pages/Draft-Energy-White-Paper-2011.aspx

World Annual Discovery (red) and Production of Oil (Blue) See below for details.

The White Paper contains a number of strange statements and inanities:

Page 67: “For a major global energy exporter like Australia, pursuing a goal of national energy self‐sufficiency is counterintuitive.”

Page 69: “Energy security does not equate to energy independence or self‐sufficiency in any particular energy source.”

Page 123: “As a result of increased daily net imports in recent years, the level of oil stocks in Australia has regularly fallen below the 90‐day requirement since mid‐2010. The National Energy Security Assessment found that this does not […]

December 22nd, 2011 | Tags: , | Category: Energy | Print This Post Print This Post | |