Tonight on the 7:30 Report, Kerry O'Brien quoted Richard Heinberg when confronting KEvin Rudd on high oil prices. While the words "peak" and "oil" wer not used sequentially, Obrien did ask "what happens if oil production has passed its peak and what plan does the government have to deal with it?"

Rudds response was typically non committal and then he committed what I think is the most gutless response by blaming the Liberal Party for leaving the policy cupboard bare when thy came into office. Now it may be that Howard and Co knew about the coming oil problems (Costello even said so during the campaign) adn did not have any plans to deal with it, but it is a lame excuse from any politician when many of us have written to, spoken and campaigned with our MP's from both sides of politics for several years about this issue. Andrew Macnamara is not surprised with the high oil prices. Queensland have at least had a task force. The Senate, had a committee report on Peak Oil in 2006 which had Labor politicians on it. It is just unbelieveable that the Labor party have done no work on this at all.

I do think we are getting closer everyday to MSM really blowing Peak Oil wide open and really starting to take notice of it. The supply side is starting to be reported in more detail and far more of the Fin Review was today dedicated to oil. Interesting times indeed.