[CAMWEST-discuss] Fw: [PublicPopForum] ABARE's latest Mineral Statistics

Danny Hannan danny_hannan at yahoo.com
Thu Jun 15 23:09:34 UTC 2006


Ian,
I haven't had time to go through BP's latest review
2006 of world energy but from last years report 2005
Australia's oil production was dropping at 14% pa and
self sufficiency dropping at 15%pa which if continued
would put us at about 45% self sufficient this year.
That is we are importing about 50-60% of our oil
needs, which will murder our balance of trade figures
and the value of our dollar.

Obviously I am guessing but my estimate is $10/L
petrol some time between 2012 & 2015 but ALL my
estimates so far have been too optimistic, it may
happen earlier.

Nick,
I did send three articles and a photo to put up on
CAMWEST WEB SITE. They are attached here incase you
did not get them.

Dan
--- Ian Macindoe <imacian at bigpond.net.au> wrote:

> Danny
> that photo of the car logo on the shoulder might
> become reality sooner than we think!
> Ian
> ----- Original Message ----- 
> From: Brian A Bucktin 
> To: Public Pop Forum 
> Sent: Thursday, June 15, 2006 1:39 AM
> Subject: [PublicPopForum] ABARE's latest Mineral
> Statistics
> 
> 
> ABARE's latest Mineral Statistics report is at
>
http://www.abareonlineshop.com/product.asp?prodid=13432
> 
> It shows the March 2006 quarter oil production was
> 5,049 ML, which is a BIG drop, 
> bringing current production down to 48.2% of the
> March 2000 peak.
>
http://home.austarnet.com.au/davekimble/peakoil/Australia.oil-prod.quarterly.gif
> 
> 
> At this rate we will have no oil left by 2012.
> 
> Dave K 
> __._,_.___  
> 
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danny_hannan at yahoo.com

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