Tag Archives: fossil fuel

Graph of the Day: Collapse of US shale oil industry

…without huge surge in shale oil since 2009, global crude-oil output would have been lower in 2014 than 2005. This is the very supply that Saudis and OPEC have been targeting. What the sudden drop in rig count suggests…the market is starting … Continue reading

Posted in Events local | Tagged , , , , | Leave a comment

Crazy politics of energy regs in Victoria

Justt this useful pic to make it crystal clear how crazy energy regulations are in Victoria.

Posted in Events local | Tagged , | Leave a comment

Aluminium exports taxpayers’ money

Here’s a clear illustration of biggest proportion of our dirty electricity generation going to aluminium smelting. In Victoria, when we pay 30, we’re lucky if they pay 1.5cents/kWh . Actual subsidy is nearly $0.5B/year, based on best rate for equivalent big … Continue reading

Posted in Events local | Tagged , , , , , , | 1 Comment