Poper, some of us would like you to stop "solving" non existent problems, costing us a fortune while you do it, & giving so much of our hard earned to a bunch of lying warmist alarmists.

Better still, get them to do something useful, like collect garbage, not propagate it.

*The real problem is that
we are flat out selling our natural gas for export when we should be
keeping it to extend our transition time.*

The real problem Bazz, is that you and other Australians won't make
a firm commitment to buy that gas, or it would be there for you when
you want it.

Companies are not going to spend hundreds of millions of $ drilling
for gas, if they cannot sell it. They are not going to spend billions
on export terminals, unless they have 25 year contracts to purchase.
Its not like a shop, where you hang out your shingle and wait for
customers. Banks simply won't fund projects that have no committed
buyer.

So without committed buyers, you would not even know if there is gas
there, as nobody would drill for it. Australians are of course free
to guarantee demand for the next 30 years, in which case your
supply will be assured

It is technically possible to make oil products from shale, tar sands, very heavy oils in capped wells, or from coal. What is unsound is the the assumption that unproved technology can and will be developed in time to cope with the peaking and then decline of world and Australian oil production. By the time oil production peaks around 2010 /12 nearly all the good oil- that is the light sweet crude that is easy and cheap to find extract and refine- will be gone. The remaining oil will be heavier and sour, and cost a lot more find, extract from difficult locations in the Arctic regions or in very deep water and to refine out all the pollutants, all of which will produce a huge increase in carbon dioxide emissions.

This change is already underway in Canada which has huge reserves of tar sands and is planning, a pipeline to the pacific coast to satisfy the need for crude oil in China and Japan. One half of the energy in a barrel of synthetic crude oil made from, tar sands is required to produce it, making it a major emitter of greenhouse gases. some oil companies want a nuclear power plant s-which will take at least ten years to build - to extract ultra heavy oil from the vast oil-sand fields.

When economists say that there is lots of oil left in the world that is an ecologically obscene distortion of the truth. Most of what's left is not the good oil, but the bad oil that will increase global warming to such an extent that it will destroy the world economy, food production and billions of people will starve. Especially if fuels for vehicles is distilled from food crops of corn, sugar or wheat, which is planned in many countries. Without oil, democratic countries with fall apart. The only ethical choice for Australia to to conserve our own oil, bear the pain of much higher petrol prices and to recognise this is threat to Australian national security is tantamount to treason by big oil interests.

Dear Hasbeen
No problems? Start by reading the post by PEST. Then move on to some climate literature. Alarmist? Me? No, just alarmed. Terrified actually.

Yabby, the demand for gas would not increase overnight, it would
wind up slowly as more vehicles were refitted for CNG.
We already have NG and as it stands now we could increase the drilling
at a slower rate than we are now undertaking. It is not a problem.

Well, Delta has bought a Pennsylvania refinery !
Hmmm, what do you think that means ?
QANTAS invests in biofuels.
Caltex preparing to close the Kurnell refinery.
Hmmm, I wonder what the QANTAS board is thinking about ?
There is a suggestion that Delta might be looking at buying oil wells.

Are we seeing a future pattern here ?

Popnperish, yes it is hard to cover everything that is happening.
All I can see is that there is a big transition ahead that will be
expensive just at the time when the financial world is in a mess with
lots of pixel money being produced, but no money for investment, except
to hold creditors at bay.

No point expecting governments to act, they are only interested in the
next election. To get anything of any substantial action will require
legislation, but they cannot admit there is a problem.
I had the opportunity to speak with my local member recently and later
sent him a copy of the suppressed report from the Infrastructure,
Transport and Regional Development and Local Government.

Despite that he is still pushing policies such as 2nd airports and
the tunnel link between the F3 & M2.

They would not see the writing on their own bedroom wall !