The aim was to crack down on unscrupulous petrol retailers and to reduce the impact of spiralling petrol prices on consumers.

Some rather more positive, albeit radical, responses to spiralling petrol prices would be:

(1) Divert $billions to be allocated to new roads and freeways to electric rail.

(2) All new housing sub-divisions to be linked to electric rail.

(3) Increase petrol taxes on private discretionary travel with compensatory decrease for agriculture, industry, public transport, emergency services, etc.

With a deputy PM who apparently thinks peak oil could be something to do with the way petrol prices go up and down, I am not sure we have a strong foundation for good policies.

[Our local Labor candidate was bamboozled by a question asking her opinion on the relative merits of a carbon tax vs cap and trade. She had no idea what she was being asked.]

How many in the Labor party understand the enormity of the peak oil/climate change problems?

Probably the same percentage as in the general population (ie. less than 5%).