[Peakoil] Tom Waring

Fri Jun 30 15:43:34 EST 2006

Why not break his assertions up and divide them up amongst a number of
people with an overlap, and have a number of letter to the editor
debunking his view point?

I would be willing to send in a letter if someone is willing to help
me word it right.

Ian

On 6/30/06, Shane S <void_genesis at hotmail.com> wrote:
> Hi guys
>
> I just thought to see who Tom Waring is.
>
> http://www.abc.net.au/worldtoday/stories/s55703.htm
>
> "According to Tom Waring, who manages Minerals Research at the Australian
> Bureau of Agriculture and Resource Economics, most of Australia's gold is
> being sold for well above the spot price as it is."
>
> He brings up so many unsupported assertions it is going to be difficult to
> address them all in any substantial way.
>
> Perhaps it would be best to focus on just three things?
>
> 1. The spectacular decline rates of north sea fields (~10% per year) as a
> result of "advanced extraction technology".
>
> 2. The well established decline in Australian production. Regardless of what
> happens elsewhere Australia is destined to become more vulnerable to oil
> dependency.
>
> 3. Does Tom seriously believe that the middle east or central africa could
> become stable "tomorrow"?
>
> 4. High oil prices are already reducing car use. Public transport systems in
> Australia are experiencing sharply increased patronage. Rather than filling
> our already gridlocked cities with hydrogen cars for every man, woman and
> child we should be investing in more efficient public transport
> alternatives.
>
> Ill be happy to draft this up and send it off if no-one has any factual
> objections
>
> Shane
>
> >From: "Jenny Goldie" <jgoldie at snowy.net.au>
> >To: "ACT Peak Oil discussion Oil discussion" <peakoil at act-peakoil.org>
> >Subject: [Peakoil] feel free to reply!
> >Date: Fri, 30 Jun 2006 13:58:40 +1000
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> >
> >from today's letters pages in the CT:
> >
> >Oil pessimists
> >
> >Jenny Goldie worries the world is almost out of oil, fearing it'll get
> >really expensive soon. Antony Barry is concerned Australia won't be able to
> >import crude and that Canberra will be among the hardest hit (Letters, June
> >28). They're pessimists.
> >
> >There are reasons why the oil price could fall significantly. And anyway,
> >high crude prices won't stop car use.
> >
> >In addition to sustained, strong global (especially Chinese/Indian) demand,
> >oil's high price includes premiums for confrontation with Iran, chaos in
> >Iraq and instability in several other supply countries. Any of that could
> >change tomorrow.
> >
> >For example, sharemarkets are jittery right now about a possible US/global
> >slowdown. Oil demand would follow. But it's on the supply side that the big
> >responses can be predicted.
> >
> >Until fairly recently, oil was expected to keep on averaging around
> >$US25-a-barrel ($A34). We are yet to see the impact of sustained
> >$US50-plus-a-barrel ($A68) prices on global production.
> >
> >In addition to rendering viable tar sands, shale, gas/coal-to-liquids, etc
> >options, high prices have seen rapid application of technological advances
> >in exploration and well recovery, every drilling rig in the world working
> >and every Russian, Central Asian, deeper-water, smaller-field option being
> >diligently investigated. Supply will rise substantially.
> >
> >Simultaneously, with increasing confidence that $50-oil is here to stay and
> >reduced fuel security comes accelerated fuel substitution.
> >
> >Canberra's new cars will be much more fuel efficient. Increasing numbers
> >will use electricity and hydrogen/fuel cells. All manufacturers have them
> >ready now.
> >
> >Jenny, Antony and others will buy them. Canberra needs to plan the
> >infrastructure for them.
> >
> >Tom Waring, Ainslie
> >
> >
> >
>
>
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