New Zealand: Government about to make a monumental mistake

It is clear that policy makers, Government bigwigs, ostentatious self-promoting Mayors and general associated ignorami are about to make an error of monumental proportions. The mistake involves the gross misappropriation of public funds to build roading systems in Auckland and throughout NZ that in all likelihood will be empty of drivers early next decade.

Squeeze Play! Energy’s Perfect Storm

The cost and availability of oil will be impacted by “peaking”; natural gas supply will fail to meet production and supply demands; nuclear offsets aren’t being addressed and the failure of transmission lines to be replaced or upgraded are all rapidly coming together in a short period of time and will cause rocketing prices and supply disruption.

UK net oil importer for first time in decade

Britain became a net importer of oil in June for the first time in 11 years, official data showed on Tuesday. As the UK is expected to become a net gas importer as early as next year, it is building liquefied natural gas import terminals. The UK also intends to increase renewable share of power generation to 20 per cent by 2020.