oil imports

Only The Good Oil News

Denis Tegg — Wed, 08 Feb 2012 02:54:32 +0000

re-posted from my blog - oilshockhorrorprobe

Radio New Zealand has broadcast a news item which typifies the pathological optimism of our media when reporting New Zealand's oil supply.

Huge blowout in NZ oil import cost

Denis Tegg — Wed, 02 Nov 2011 01:13:22 +0000

Re-posted from my blog - oilshockhorrorprobe

Christchurch quake cost added to our yearly oil import bill?

Denis Tegg — Tue, 23 Aug 2011 23:04:08 +0000

re-posted from by blog - oilshockhorrorprobe

By 2015 New Zealand could face an extra $10 billion cost each year to import oil, compared to 2011 prices. That's more than the cost to government of the Christchurch earthquake each and every year! By 2020 the oil import cost each year could soar to $19 billion more than the present cost. That's the bill for two Christchurch earthquakes every year.

How come?

1. Domestic oil production is plummeting

New Zealand's oil security. How dependent are we on oil imports?

Denis Tegg — Sun, 12 Jun 2011 09:29:01 +0000

re-posted from my blog oilshockhorrorprobe

New Zealand imports 97% of its oil. Oil is the lifeblood of our economy. So a vital question must be -- how vulnerable is New Zealand to oil supply shocks? -- Whether from short term disruption, or due to an on-going and perhaps permanent decline in world oil exports?

Must Watch Australian Report on Peak Oil

Denis Tegg — Tue, 17 May 2011 02:20:00 +0000

The Australian Broadcasting Corporation’s Catalyst programme has just broadcast the best peak oil documentary in recent times. In just 12 minutes it covers many of the essential points, and is a great way to get yourself up to speed on peak oil. Please take the time to watch it, and share this Youtube link and the ABC Catalyst link with your networks, and with anyone you believe is unaware of, or in denial about peak oil.

Government's Energy Strategy - Grade F for Fail

Denis Tegg — Wed, 06 Apr 2011 01:34:19 +0000

The government has mistakenly released its Draft Energy Strategy, which is still to be signed off by Cabinet. Despite hundreds of public submissions it remains almost word for word identical with the version published in July 2010.