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34 comments on Natural Gas - the future of fuel ?
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34 comments on Natural Gas - the future of fuel ?
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In the business section of the ABC Sydney 7pm news Alan Kohler had a graph (I love his graphs) of the lack of oil discoveries since the 1970's. He said that if we don't find more soon the price is sure to 'keep going up and up'. There was this story about gas and on all the bulletins including Lateline there were stories about the food crisis connecting the price of oil. There have even been small blips about energy issues on of all places 9's Today show. Elizabeth Farrelly had an excellent article in the SMH yesterday mentioning Peak Oil and other issues. Are the MSM slowly waking up?
Alan Kohler has always taken a common-sense approach to economic affairs.
However, I'm not sure we can call the ABC "the mainstream media". Them plus ABC get about 20% the tv-watching viewership...
Okay, they're not marginal or extreme commies or anything, but I don't know that you could call them "mainstream". They've always tended to take more thorough and detailed looks at issues that the Today Tonight and A Current Affair channels....
I have to admit I was some what shocked to see that... but ...20% is an exaggeration...
When I mentioned it to my Big Brother addicted in-law... I realised the fringe minority I was in...
So far, in the "lucky country", we can ignore the reality of these reports.
I like Alan's graphs though.
I took the 20% from this week's Green Guide, the TV/radio guide published each Thursday with Melbourne's The Age.
They said,
ABC 15.8% + SBS 5% = 20.8%.
Big Brother gives people something to talk about casually over a beer or at work. Four Corners is more serious stuff, and Spicks and Specks is so light there's nothing to discuss. So with casual conversations, the strength of the commercial stations is over-represented compared to their actual viewership.
Of course, the other way to look at it is that in Australia, 20% is "fringe". A 20% national vote isn't enough to get a single person into the House of Representatives...
I've just put a post together with a video clip of Alan Kohler's Finance wrap-up and 'that graph':
http://anz.theoildrum.com/node/3930
Thanks Phil- a great resource. Hopefully he will show the ASPO oil curve soon? I've sent him regularly stuff about peak oil from STCWA- never replies to emails but hopefully it is getting through?
dave