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The Forum > Article Comments > The one indicator OPEC must watch > Comments

The one indicator OPEC must watch : Comments

By Nicholas Cunningham, published 13/12/2017

The target is to bring global oil inventories back down to the five-year average.

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More than one, but many!

#1/ Including lithium and cobalt mining and production. The scaled up production the world over of new generation of batteries and fully charged in thirty seconds, super capacitors!

#2/ Australian private electricity suppliers looking at molten salt thorium modules, along with a range of other alternative cheaper energy prospects?

#3/ Moreover, the world's leading Bankers, no longer fooled by the mountains of Russian sourced misinformation! Now on the public record saying as memory serves, they will phase out all new bank sourced investment in oil, gas or coal by 2019.

#4/ Or a similar statement from China really getting into mass production of affordable electric cars, in their literal millions.

#5/ Their intention to completely phase out, conventional combustion engine production by 2020!?

How much writing on the wall must there be before these morons get the message! That their captive market business model is a thing of the past! And that their only recourse is to ramp up production/compete for a shrinking on all fronts, market share!

Understand morons, reduced production can only ever speed up all the above!

So, gather ye rosebuds while ye may!
Alan B.
Posted by Alan B., Wednesday, 13 December 2017 9:50:23 AM
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This collusion by foreign cartels has done nothing but harm to the global economy and ours. And just treated the market with calloused indifference and disregard. As they sort by many means over decades, to kill the goose that lid the golden egg?

When shale oil was going strong the bottom fell out of the market as traditional producers opened the taps, giving lie to the claim oil was in short supply.

And it's worse here with foreign speculators given control of indigenous gas and they shipped as much as they could to our industrial competition! None more stark than shipping silica sand to Korea then turning into glass with our gas!

Before shipping it back here as glass with an unusually large and entirely unnecessary carbon footprint. All while mountains of recyclable glass went to landfill!

And par for the course with a government more faithful to our foreign masters than we Australian still being ripped off for our own gas! OUR GAS!

And easily fixed say those representing foreign interests, being replaced ASAP.

As they claim,fixed by just opening up more gas fields. And to hell with the grand kids and their needs in a increasingly dubious future.

There're some things we can and should do to forever end our dependence on colluding foreign cartels!

And that starts with a Leader with the balls to just put Australia first and foremost! And not with the endless zero sum game, of division Politics! TBC.
Alan B.
Posted by Alan B., Wednesday, 13 December 2017 2:34:31 PM
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We need to end the embargo on peaceful nuclear energy! And installed so we'd never ever, wind up in the cross hairs of a nuclear armed opponent!

Given that has demonstrably not worked, needs jettisoning yesterday!

With that gone, we can build tried and tested walk away safe, molten salt, thorium reactors and task them among other things, to burn up the stock pile of nuclear grade plutonium and nuclear waste.

This virtually costless energy, will allow us to build a few dozen reactors using money foreign nations donate to us, for waste removal service.

With that done and dusted, we can completely resuscitate metals smelting and manufacture! And as government funded and facilitated, union free, employee co-ops.

Then, with the world lowest cost, lowest carbon, steel at our disposal. Set about building and retrofitting all Australian domiciles with biological digestors, to turn waste into endless gas.

After powering fuel cells/homes 24/7, export the 50% surplus to a regional hub, where local industry buys it, for an ultra competitive price!

That then funds the entire roll out of the digestor program, as we manufacture, everything from fertiliser to plastics etc/etc. With our own supply of endlessly sustainable virtually costless gas.

No, it will not happen overnight, but needs to be rolled out in the largest most densely populated areas first! Given that's where the bulk of all our waste is generated.

And as we do so, guarantee ongoing maximised jobs, all over the joint, for at least half a century.

By which time assisted natural growth and reversed desertification etc/etc, will have created a large enough domestic market to assist all manner of niche market export opportunities. That we currently don't do here. Given currently missing scales of economy!

There's the plan? Now just get on the foreign funded soap box and tell us all the reasons it can't be done or won't work!
Alan B.
Posted by Alan B., Wednesday, 13 December 2017 3:15:19 PM
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Knock on a deaf mans door........waste of effort
Posted by ilmessaggio, Thursday, 14 December 2017 12:22:41 PM
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Foreign funded soap box made from British gas.
"UK to produce renewable gas for households to use.
However, there are fears in the industry that the government's spending cuts could make it more difficult for companies to come up with the 10bn needed to develop the new plants, pipelines and soap boxes made from dried Thorium . Because it is more expensive to produce renewable gas, companies say they need to be paid twice the market rate for it to make economic sense and burning soap boxes is low-carbon with molten salts ."
Posted by nicknamenick, Thursday, 14 December 2017 1:02:40 PM
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