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The Forum > General Discussion > Fuel, the economy and the coming recession

Fuel, the economy and the coming recession

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“Read this far, did you? Lazy bugger. Now go read the link.”

( :> o

He called me a lazy bugger. Pfff!! [If only he knew how true it was….. lying around on beautiful Pallarenda beach in the wonderful north Queensland winter sun, in me skimpy speedos with the topless babes!! ( : >) ]

Um, yes, thankyou very much rstuart. Very interesting stuff. I’ll have to spend all day tomorrow [on the beach on wonderful Magnetic Island] reading ‘Australia’s future oil supply and alternative transport fuels final report’!

Meanwhile, just one question…

“So why stop at butane? Just produce petrol instead and use our existing infrastructure.”

Well, yes, why stop at butane? If we can produce petrol from LNG or coal, that is competitive with current or near-future fuel prices, then why don’t we put a massive effort into doing this??
Posted by Ludwig, Saturday, 5 July 2008 9:49:30 PM
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Ludwig: "If we can produce petrol from LNG or coal, that is competitive with current or near-future fuel prices, then why don’t we put a massive effort into doing this??"

Well, as you will discover when you read the link, "price competitive" doesn't quite capture it. The projected cost of producing the equivalent of a barrel of oil from coal is around $60 per barrel. You can probably think of a better adjective for it than I could. I failed English in high school.

Your question isn't directly answered in the link. There are hints in there though. I could not resist speculating about it. It'll be interesting to see if you come to the same conclusions as I did.
Posted by rstuart, Saturday, 5 July 2008 10:33:54 PM
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Col Rouge, for me is not the carbon taxes that make me nervous. When its all said and done, you can undo them at the stroke of a pen.

What makes me shake my head in disbelief are the current ads for the new tunnel system through Brisbane. The biggest and most expensive road development project Australian has ever seen, they proclaim proudly. If I were certain the roads would still be jammed in 10 years time I would might be proud of them too.

As it is, it they look to me to be a bit of a gamble. A gamble with my money.
Posted by rstuart, Sunday, 6 July 2008 3:35:21 PM
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Rstuart “Col Rouge, for me is not the carbon taxes that make me nervous. When its all said and done, you can undo them at the stroke of a pen.

What makes me shake my head in disbelief are the current ads for the new tunnel system through Brisbane. “

When have you seen a government ever abolish a tax?

The ones the states were supposed to retire in exchange for the GST linger on and on and on and on . . . .

As for Brisbane . you have me at a disadvantage, I do not live there so do not follow the antics of local Queensland politics (I have enough of the tears on the local state level here).

However, that apart and taking on board your point about the wisdom of certain infrastructure, I refer you to my earlier post on this thread in response to billie, re

“Is there an economic benefit from that infrastructure?
Or is it the usual grandstands for the political elites?”

I think we would see eye-to-eye on objectively and responsibly assessing the benefits.

“As it is, it they look to me to be a bit of a gamble. A gamble with my money.”

No disagreement there, governments are rapacious consumers of other peoples money and other peoples rights.

Better to keep governments short of power and limited on their taxing options. Otherwise we will end up paying for the Vaseline when the violate us some more
Posted by Col Rouge, Sunday, 6 July 2008 4:05:34 PM
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