The closed Hormuz Strait and a dearth of Russian diesel will trigger further volatility.
- Industry Fellow, Institute for Sustainable Futures, University of Technology Sydney
Trump urged ships to return to the Strait of Hormuz and “let the oil flow”. But it’s not that straightforward.
Rich countries have been burning through oil stockpiles and seeking other suppliers to avoid the global energy crunch. But these measures have limits
The long-awaited gas reservation plan is expected to lead to a “modest” oversupply in the east coast gas market.
As gas prices soared in recent years, Queensland actually earned more money – for less gas – than the federal government. Here’s why.
During the 1973 oil shock, Queensland promised to open a huge oilfield. History is repeating as Australia searches for secure supplies of fuel.
The Strait of Hormuz bottleneck may be about to reopen – but damage to oil infrastructure will mean lingering pain in Australia – and worldwide.
Along with repealing the carbon tax, scrapping the mining tax is one of the Abbott government’s first orders of business. Deeming it damaging for jobs and investment, Prime Minister Tony Abbott promised…
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