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NZ Defence Report Ignores Peak Oil. US/German Military Warn It's A Grave Risk

Submitted by Denis Tegg on 6 November 2010 - 10:24am | updated 07 Nov 2010 | Blog entry

The just released Defence White Paper on New Zealand's strategic and security interests to 2025, as Gordon Campbell points out, is long on rhetoric, and short on coherence and detail.  But worse still it fails to even mention a very serious and imminent threat to our security which both the US and German military have warned about - namely the peaking of global oil production leading to dwindling world oil supplies. » Read more

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Mining group believes in tooth fairy -- "New Zealand cushioned against oil shocks"

Submitted by Denis Tegg on 19 October 2010 - 9:01pm | updated 19 Oct 2010 | Blog entry

Straterra, a body representing mining companies has said, "New Zealand is in an excellent position to withstand any future oil shocks, thanks in particular t » Read more

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"Peak hype" on New Zealand's offshore oil reserves

Submitted by Denis Tegg on 13 October 2010 - 7:46pm | Blog entry

There was much hype and hoopla at the recent New Zealand Petroleum Conference about the extent of New Zealand's potential oil and gas reserves. Chris Uruski, a GNS scientist told Chris Laidlaw on Radio NZ's Sunday that we potentially have 20 billion barrels of oil equivalent in New Zealand's offshore exclusive economic zone. » Read more

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UK Govt Acting on Peak Oil but NZ Govt Deep in Denial

Submitted by Denis Tegg on 5 October 2010 - 1:08pm | Blog entry

The UK's Energy Secretary Chris Huhne has ordered his officials to look at the impact of a 1970s-style oil price spike on the British economy. Mr Huhne warned that a  1970s-style doubling in the price of oil would drain £45billion from the UK economy in two years, hitting investment and jobs.

Meanwhile our Energy Minister Gerry Brownlee and the NZ government are deep in denial about peak oil and resulting higher oil prices.
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