[Peakoil] News items from Canberra Times Mon, 7 Aug 2006

[Antony Barry]

Peakers

Nothing yesterday except general items about the interest rates.

"Beazley to attack PM over economy" by Andrew Fraser p.1 (Lead item)

Petrol prices will be included in the attack.

http://canberra.yourguide.com.au/detail.asp? 
class=news&subclass=general&story_id=500103&category=general&m=8&y=2006
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"No cuts to fuel excise, says PM, Beazley" p.2

PM says government can't do much. Little hope of petrol price drop in  
the short term but it could settle to $1.15 0r $1.20.

http://www.theage.com.au/news/national/leaders-rule-out-fuel-excise- 
cut/2006/08/06/1154802741976.html

Comment: No mention of peak oil. No mention of what a carbon tax  
would do to oil prices.
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"We'll up nukes: Iran" p.9

Iran warns that if sanction are applied it could cut oil production.

http://www.guardian.co.uk/frontpage/story/0,,1838902,00.html

Comment: I'll bet that would spike the price of crude well over $100.
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