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ASPO Australia Launch and Aleklett Public Lecture PDF Print E-mail
ASPO-Australia  was formally launched on 21st November in Perth by Prof. Kjell Aleklett, president of ASPO International at the RAC(WA) media room. This was followed in the evening by a well-attended public lecture on Peak Oil at the University of Western Australia. This event was hosted by the Institute of Advanced Studies and the Sustainable Transport Coalition.   Prof. Aleklett's powerpoint slides from the UWA lecture are here  and the audio recording of the lecture is here.Prof Aleklett also addressed an Australian Institute of Energy luncheon (23 Nov).  His presentation is available from the AIE
News items relating to Kjell Alekletts visit:
No technological fix for falling oil stocks
Oil prices surge overnight (Aleklett interview)
Further items can be found on Energyreview.net and in the Australian Financial Review (Monday) which are both subscription only.
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Peak Oil on the ABC show Catalyst PDF Print E-mail
Real Oil Crisis - ABC TV Thursday, November 24 - 8:00pm

UPDATE: Transcript and streaming video of show now available

What would happen if the world were to start running out of oil? Conventional wisdom says we’ve got 30 years, but there’s a growing fear amongst petroleum experts it’s happening much sooner than we thought – that we are hitting the beginning of the end of oil now. So how soon will the oil run out, and can we stop our economy collapsing when it does? How prepared are we for the real oil crisis?

 
Appointment in Beijing - doubts about Saudi oil PDF Print E-mail

Beijing was busy this October. It not only hosted a meeting of the 5th Plenum of the Communist Party, but down the highway at Grand Epoch City, an ersatz replica of old Beijing, the G20 finance ministers were also in conference. Both discussed growth and oil prices and the worry they posed, but at the G20 Dr Ibrahim Abdulaziz al-Assaf told the assembled dignitaries that Aramco would act to stabilise oil prices. This was welcome news as a day earlier at the Plenum delegates were told that China’s GDP would double by 2010.  

But while our Treasurer returned from Grand Epoch City with a spring in his step to tell us he had the good word from Dr al-Assaf, he may not have noticed that the Saudi finance minister spoke of greater “capacity” - not greater oil production. At first sight there seems to be no difference- extra capacity must lead to more barrels. Unfortunately in the opaque world of Saudi oil, that’s not necessarily the case.
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Online Opinion - Oils not well - life after petrol PDF Print E-mail
The November feature topic of Online Opinion is Oils not well - life after petrol. So far 8 articles have been posted including contributions from journalists, academics and others with an interest in the issue (including Chris "Feral Metallurgist" Shaw and myself). Other articles will be posted later in the month and registered users of the Online Opinion site can get stuck into the debate in the comments section.
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Is your super in Transurban? PDF Print E-mail
It is fashionable for institutional investors to be putting funds (our superannuation) into "infrastructure". I have heard this defined as "toll roads, airports and power stations". Indeed, a Sunday paper recently recommended a major successful toll-road company as a "low-risk" investment. However, I would greatly prefer my super fund to get out of investments in toll roads and airports, soon.
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