The Pauline Hanson One Nation party (PHON) is the only party with a rational climate/carbon/electricity price policy – see points 1 to 6.
Electricity prices are unstable and rising. Check out how this morning at about 6.20am wholesale AEMO RRP prices jumped in NSW, Qld, SA even Tas, why did Vic price not reflect whatever happened? Choose the 5min data. The pictured article is from the ABC. ABC explains carbon tax history.
President Elect Trump chooses Ret. Gen. James Mattis as his new Secretary of Defence – 16 quotes.
More quotes from Gen. James Mattis
Love that hypocrisy–
Google will find hundreds of articles about China building fortifications on artificial islands in the South China Sea.
When you hear all the yakka on TV about heatwaves, hottest this or that, hottest bushfire since?? – remember they seldom tell you most of us had plenty of winter rain, we had a cool & wet September – then a cool October now followed by a moderate November. And why is it news that summer is starting on time.
ABC says – Barrier Reef at risk of winding up on UNESCO danger – Just do it – Australia should pull out of most UN orgs.
What is the GreenLeft Fairfax media at the NZ Herald talking about I thought, rising sea levels, air pollution, electricity blackouts, earthquakes, nuclear meltdowns, a visit by Trump, volcanic eruptions? No – elections by the people is terrifying leftists.
Bit of a wind drought drives AEMO RRP into the stratosphere in SA – the interconnectors must be humming. Check button for SA and you can toggle between 30min and 5min data graphic.
At $14,000 per MWh generator bikes would be viable earners.
NemWatch shows SA wind at 4MW. Wind across SA, Vic, NSW, WA(200MW) only 332MW.
Added 11.15am 1 Dec – Jut noticed this – Blackout affects thousands in SA, blamed on supply loss in Victoria 1 Dec 2016
For my updated chart of daily AEMO RRP across four states.
There has to be a relationship between the cost of petrol in Australia and world oil prices. The ACCC has been in the news lately making various claims so I thought I would compare trends between world oil and pump petrol prices. I got world oil data from IndexMundi and ULP from the AAA. Full size chart.
Using these data the chart shows a period of relative price stability during all of 2010 where I am assuming no oil companies were going bankrupt – so the chart axes have been adjusted to bring WTI and ULP prices close for that period. 2011 saw world oil prices rise in AU$ but there was a period from Jun to Oct 2011 when the reduced WTI price produced no flow-on reductions in pump prices. Then again from Jun 2012 to Apr 2013 the reduced WTI price produced no flow-on reductions in pump prices. B marks a three month period where motorists might have clawed back some losses.
Then there was 12 months of relative price stability from Oct 2013 to Sep 2014 before the world oil price began its prolonged crash which is not ended even today. It is obvious that by the relative prices of 2010 pump prices should have remained a lot lower after Jan 2015.
Assuming Australia uses ~18Billion litres of petrol PA – the price gouging at say 2 yrs @ 10c per litre is of the order of $1,800Million PA extra lifted from motorists wallets. The Caltex CTX share price shows a marked appreciation after the start of 2014. I realize there may have been increases in Fuel Excise since 2010 but the amounts would be slight compared to the yawning gap in my chart.
Who would care? It is only mug Commonwealth taxpayers money.
Fox hunt: Tasmania’s multi-million-dollar program likely based on hoax, leaked report finds 29 Nov 2016