The Australian newspaper yesterday published a 12 page special liftout on The Future of Energy in Australia :The North American gas surge,LNG replacing diesel in mines,Shale gas providing the next big boom in Oz,Coal hanging in there,Japan on shaky ground, Gas & a renewable future.
Most interesting fact was that Freeport McMoran have permission from Obama to export shale gas to Japan from US port & another dozen hopefuls lining up. Question of renegotiations of gas price.
Oil Search is not mentioned but like Usain Bolt it'll be first off the mark & well away before all those other chickens come home to roost. Quite a lot of reading for armchair oil explorers and searchers. I'm guessing parts of this item will be mentioned in other threads.
The Australian,Monday, June 24, 2013.
Add to My Watchlist
What is My Watchlist?