As world oil prices plummet big oil must be chortling as they are able increase their margins – politicians gone for the holidays and consumers preoccupied with Christmas. This graphic shows how Canberra ULP pump prices have been slow to follow Sydney and Perth down, in our Capital under the noses of politicians we elect to look after our interests.
I remember the considerable news comment recently critical of the Fed Govt increasing petrol excise by a fraction of a cent – yet there is near silence at the ripoffs every day at the pumps.
The so called fuel price cycles are completely the creatures of big oil – tailor made to keep the markets confused and let them hike prices at will.
Price data from NRMA and FuelWatch in WA. WW is Woolworths and Warnbro is a Perth suburb south of Rockingham.
I see where the ACCC are going to report on prices quarterly. On past performance what an utter waste of time and money that will be. The ACCC might posture but the pricing caravan will have always long gone moved on. Australian petrol consumers deserve an official source – say a Govt web site publishing a suite of downloadable daily price tables and graphics to help keep the entire market transparent. Do not hold your breath.
So now much of the truth emerges – Sydney siege over as police storm Lindt cafe –
Now we find out that the perpetrator was well known to authorities – Sydney siege: Man behind Martin Place stand-off was Iranian cleric Man Haron Monis, who had violent criminal history
So most official information yesterday was misleading.
Should never have been allowed to stay in Australia.
Should never have been out on bail.
Should have been fitted with a GPS tracker device.
A saga of system failure.
For the unpteenth time over the decades these money wasting UN IPCC climate talks fail to agree on anything meaningful – only to meet again at some expensive location – global airlines cheer. With China increasing emissions until 2030 at least – and India, rest of Asia plus 3rd world trying to catch China – nothing much anybody else does means squat. In the meantime – in the real world – oil prices are crashing making it cheaper to contribute carbon dioxide plant food into the global carbon cycle.
Fascinating new convolutions to explain weather – Where’s the summer weather? Running late – Wind and rain set to continue until Christmas as wintry weather hangs on. Those IPCC compliant climate scientists have to be seen to explain everything.
For all of 2014 now an assortment of warmists have sounded fanfares about the upcoming El Nino – even “Super El Nino” – prayer mats out begging the weather gods to deliver them a year hotter than 1998. But both the 30 & 90 day SOI has been rising for a month – nothing is surer than another El Nino will lurch onto the stage sometime – just has not obliged warmists by turning up this year. Rain for December.
I saw this news about repairs to the ocean pool at Austinmer north of Wollongong. I have been interested for a while in the issue of the height of the oldest ocean pool walls and how they might relate to historic survey heights and modern survey heights – on the basis there should be another line of evidence here establishing the rate of sea level rise over a century or more.
Wollongong City Council have www page about their pools and there is a downloadable 9 page pdf report – Future of Our Pools Strategy 2014-2024 –
I thought – surely there must be comments here about sea level rise. Not so – not a word about sharks hoiking themselves over the walls during King tides and carrying off the odd swimmer. But I noticed this gem at the end of a string of bullet points on page 7 –
And earlier in the report was this graphic showing declining attendance figures –
All seems logical to me.
A keen eyed reader sent me this gem. I think it is from a book – Gilgunnia a special place by Leila Alderdice 1994.
The ironies are rich in this story – last weekend Victoria elected a Labor State Govt lead by a lawyer now Premier Daniel Andrews who has links to the CFMEU.
Last week ex TWU official Wade Noonan was appointed Police Minister – so it is hard to see Vic Police being any more energetic in enforcing peoples rights to enter worksites and earn a living.
Now the Herald-Sun reports – CFMEU blockade shuts down Aldi building site –
In August I posted – Why not let ALDI run the Australian economy. Could they do worse than our politicians?
This Fairfax beatup claiming Foreign Minister Julie Bishop has “gone bananas” at Prime Minister Abbott for sending Trade Minister Robb to accompany her at the Lima Climate Conference – is just another example of irresolute see-sawing policy shambles by the Abbott Govt. Absolutely no need to send anybody of Cabinet rank – some lowly apparatchik would have been fine. Interesting the ABC is slow to discover their version of this “story”.
Why would we be surprised at $Billions being ripped of power consumers by Wall Street insiders – “Wall Street On Parade” reports JPMorgan Rushed to Hire Trader Who Suggested on His Resume That He Knew How to Game Electric Markets – Note that this ripping off of electricity consumers was only detected during other Senate investigations.
This is one of the reasons many sceptics oppose carbon pricing in its various forms – that it will inevitably lead to sharp practices, illegalities and rorting of the system at the expense of mug taxpayers.