Here's a News Flash from the Deputy Prime Minister, Phil:

"...I have to say I do share the community's quite deep concern about the outlook at the moment because it really is related to very heavy demand for fuel around the place, limitations of global refining capacity and, I have to say it, the very real prospect that at some stage in the next few short years global production may very well peak and it may be hard to increase it further at a time when countries like China, of course, are looking for a lot more fuel and even in places like Australia our dependence on oil, on petrol and transportation continues to increase..."

...The only problem is that it's John Anderson in 2004!
(Remember him? He felt a sudden need to get out of politics and cash in his AWB shares - and is now doing Coal Seam Methane deals... A perceptive man, obviously!)