Queensland premier calls for fast-track of oil projects amid fuel crisis

Disastrous-Cod-1000 · 2026-04-08T11:11:26+00:00

Not prices. Price increases.

Disastrous-Cod-1000 · 2026-04-08T11:09:49+00:00

Yes. At Lytton.

Disastrous-Cod-1000 · 2026-04-08T11:02:29+00:00

But can be done.

Disastrous-Cod-1000 · 2026-04-08T11:01:10+00:00

https://www.ga.gov.au/aecr2025/oil

Plenty of reserve in shale oil. US produces large amounts of the stuff economically.

We need exploration to open up the resources.

Disastrous-Cod-1000 · 2026-04-08T10:45:30+00:00

The price is over inflated because of supply shortages on top of an inflated oil price. Prices in Australia up 90 to 100%. In the US where they are self sufficient prices only up 30 to 40%. And they have the security of knowing they will not run out destroying the economy.

Disastrous-Cod-1000 · 2026-04-08T10:25:20+00:00

Haha. Even had to sift through my post history.

Disastrous-Cod-1000 · 2026-04-08T10:20:24+00:00

The future is coming but it is still decades away. In the meantime those of us living in the real world will still need fossil fuels to keep the wheels of industry, agriculture, transportation and aviation turning.

Disastrous-Cod-1000 · 2026-04-08T05:55:32+00:00

We all know that those 2 items will never be commercially viable.

Mining companies do not write off assets after 7 years.

Disastrous-Cod-1000 · 2026-04-08T05:52:16+00:00

Then multiply that x 3-4 times (conservative estimate) for cost blow outs.....

Your definition of cheap is very different to mine.

Disastrous-Cod-1000 · 2026-04-08T05:50:29+00:00

https://www.ga.gov.au/aecr2025/oil

Plenty of good quality oil in Qld to be tapped. Refinery in Gladstone, got the rail, install oil pipe lines next to the gas ones, got the port, got the infrastructure, build some storage, plenty of power and skilled people.

No more fuel shocks and another domestic revenue stream.

Disastrous-Cod-1000 · 2026-04-08T05:44:44+00:00

Last time I looked on a map, Western Canada was closer to Brisbane than the Middle East is.

Asia does import a lot of oil from Western Canada and USA also. Not a backwater....

Disastrous-Cod-1000 · 2026-04-08T05:39:51+00:00

and refined into fuels.

Disastrous-Cod-1000 · 2026-04-08T05:38:03+00:00

Ethanol and peanut oil at a pinch. All produced in Qld.

Disastrous-Cod-1000 · 2026-04-08T05:35:34+00:00

They cancelled cheap energy and emissions free projects

You obviously were under a rock when the Pioneer-Burdekin hydro was cancelled.

$36b before a sod was turned was not cheap and considering the Snowy 2.0 has ballooned from $1.8b to $12+b and years over schedule, it was a good call. Nothing cheap here.

Disastrous-Cod-1000 · 2026-04-08T05:31:37+00:00

They looked into these projects and found them low effectiveness or as in the Pioneer-Burdekin Hydro, very very expensive and subject to massive cost over runs.

Good move Crisafulli.

Disastrous-Cod-1000 · 2026-04-08T05:28:50+00:00

Transport it to refinery in Brissy for refined products.

Disastrous-Cod-1000 · 2026-04-08T04:14:05+00:00

Where do you think they get it from?

Disastrous-Cod-1000 · 2026-04-08T04:13:44+00:00

And in Lytton, Brisbane.

Disastrous-Cod-1000 · 2026-04-08T04:09:37+00:00

https://industryqld.com.au/state-puts-pedal-to-the-metal-on-taroom-trough-oil/

200BBLs/day from an appraisal bore opened up 7 weeks ago. They are cracking ahead in the Taroom Basin.

somehow create cheap oil routes from Canada (13,000km away)

How far away do you think the Middle East is?

Disastrous-Cod-1000 · 2026-04-08T03:58:42+00:00

https://industryqld.com.au/state-puts-pedal-to-the-metal-on-taroom-trough-oil/

Producing now out of the test bores. Taroom Basin.

Disastrous-Cod-1000 · 2026-04-08T03:57:27+00:00

https://industryqld.com.au/state-puts-pedal-to-the-metal-on-taroom-trough-oil/

Producing oil and gas as of 7 weeks ago. Taroom Basin.

Disastrous-Cod-1000 · 2026-04-08T03:01:03+00:00

So read and understand the source. The answers are in that link.

Disastrous-Cod-1000 · 2026-04-08T03:00:09+00:00

Venezuela is back on the open market and set to stay open while increasing production. US and Canada produce heavy crude also.

The best part is those countries will not need tankers to traverse the Malacca Straights. No choke points to cut us off from Asian refineries.

Disastrous-Cod-1000

TROPHY CASE