 | ABC 7:30 Report: Richard Heinberg & Prime Minister Kevin Rudd | The Oil Drum: Australia/New Zealand | What you can do about Peak Oil and Petrol Prices |  |
7 comments on The Bullroarer - Friday 20th June 2008
Comments can no longer be added to this story.
| Show without comments | PDF version
7 comments on The Bullroarer - Friday 20th June 2008
Comments can no longer be added to this story.
| Show without comments | PDF version
User login
Contact
- anz at theoildrum dot com
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
Archives
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- March 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- March 2008
- January 2008
- December 2007
- November 2007
- October 2007
GAIA Host Collective
And to influence where it goes. I made the point in an earlier post that countries can "lock up" resources by miltary means or by simply buying them "in the ground". If China owns 60% of this "Australian" venture, who do you think the oil will go to when China and Australia both need oil?
In the same vein we could ask whether the Brits want coal seam methane to sell in Australia or to send back to Old Blighty. Note that Indian interests now own a few coal and iron ore shows as well as much of Burrup ammonia. Which gets us back to why half a million people had to die in Iraq. No doubt a few countries now think Aussies are economic imperialists thanks to BHP and others.
I'd liken the mining industry to musical chairs. Everybody knows it won't be possible to dig up billions of tonnes of rock when oil nosedives and the music stops. The aim is to have a nice patch of ground to sit on.