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The shale oil 'revolution' in the United States that took off soon after the publication of his book has certainly changed the supply picture, and the recent collapse in oil prices has forced Rubin to eat his words.
by Andrew Topf - 26/02/2015 - 5 comments
We need a five-year moratorium on state-nominated migration as we're creating a burgeoning underclass of migrants - a 'precariat' of marginalised unemployed and under employed contract workers.
by Malcolm King - 26/02/2015 - 4 comments
Pickens, and Shilling purport to have sound reasons for saying what they do, but the real reasons for such comments are most likely the two oldest human motivations in the book, greed and hubris.
by Martin Tillier - 25/02/2015 - 2 comments
Bush fires in the Blue Mountains were devastating, but the council appears to have grossly over-estimated the economic damage.
by Robert Gibbons - 25/02/2015
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.
I am going to Canberra next Tuesday 24th and Wed 25th February to stand in front of Parliament House and ask those very questions on the behalf of my generation.
by Brian Murphy - 18/02/2015 - 10 comments
If anything, I and my fellow baby boomers should pay the rest of Australia a lump sum when we retire, to cover the debt we are leaving.
by David Leyonhjelm - 17/02/2015 - 22 comments
'Please explain' is a legitimate demand of voters on politicians which is rarely satisfactorily met.
by Gary Johns - 12/02/2015 - 7 comments
If electors think asset sales are necessary to make life more secure, caused by Labor's mismanagement, they will take it out on Labor, not the privatiser.
by Graham Young - 11/02/2015 - 13 comments
According to the Coalition Australia is in such a bad economic position that we must question the affordability of just about everything and even reduce much needed Government services for Australia's most vulnerable citizens.
by Peter Gibilisco - 10/02/2015 - 4 comments
Nor, it seems, did the Treasurer ask himself if taxes should be increased on the wealthy before services were cut to the poor - this was ruled out by election promises, as was any increase in the GST.
by Max Atkinson - 9/02/2015 - 11 comments
During the last oil crash in the 1980’s, around 700 banks failed after oil prices crashed.


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