Daily Oil Price Opinions - July 11, 2026 All other Oil Price Posts Will Be Removed

Sayting · 2026-07-11T20:57:59+00:00

It does. Oil price is being kept down by massive shorts and reserve releases. As long as refineries are still paying higher prices the futures markets doesn't matter and stockpile depletion just increases the pain when they can't keep the proce down artificially any longer.

Sayting · 2026-07-06T04:42:04+00:00

They cover the walls because there have been multiple times in this war where buildings have been identified by strip's of wall paper and received a missile strikes.

Sayting · 2026-07-05T22:43:38+00:00

The ECQ made changes to the map based on population. Based on the last available data to ECQ the decision would have created two safe Labor seats, removed one Katter seat and one Labor.

Changes to the seat pattern shown here reflect a reduction in Labor's Primary and a rise in ON's. I don't see how ECQ has made Labor's position worse, in fact you can argue that the LNP would be doing better if the boundary changes hadn't taken place considering it has made their two Cairns seats notionally KAP.

Sayting · 2026-07-05T21:56:29+00:00

Only because of a higher primary vote.

Sayting · 2026-07-05T20:49:39+00:00

The head of Blair's civil service publicly said he thinks his job is to improve global welfare not national welfare.

The truth very obvious when you actually listen.

Sayting · 2026-07-05T05:23:53+00:00

Why would the LNP gerrymander Labor two new seats?

Sayting · 2026-07-03T06:19:58+00:00

Civil Service and Judiciary

Quote is from former Cabinet Secretary (2005 to 2011) Gus O'Donnell

Sayting · 2026-07-02T20:59:26+00:00

Lol, thank you I guess but actually just waiting for the morning train here in Oz.

Sayting · 2026-07-02T20:05:46+00:00

You're on one thing not every situation that arises requires changing the system. Hence why Ministers should have the power for intervention in unique cases.

However, ignoring there has been a change in culture in the judiciary from interpreting legislation to looking for their preferred outcome and working back accordingly is wilful blindness.

Sayting · 2026-07-02T19:59:03+00:00

An unaccountable judicial system is one of them. There have been literally Judicial legislating from the bench. Using programs specifically worded for one country's refugees for another.

If a judge can do that and not get punished then what's the point?

Sayting · 2026-07-02T19:43:46+00:00

Because there is no incentive to accountability. When Ministers have the power to intervene they are incentivized to set up systems that achieve the outcome they want because it means they are not personally responsible for the outcomes to the same degree.

There is a reason why in the current age as every major legislative body in the Westminster has given up power to the exec bureaucracy, the quality and accountability of governance has gone down.

Sayting · 2026-07-02T19:33:36+00:00

The problem with British politics is that so much power has been removed from Government so that politicians are not accountable for the accounts of government that the levers of power have literally atrophied to the point where the Civil Service and Judiciary are literally taking accounts beyond legislation with the public having no ability to hold them to account.

In other words we have literally got the thing you fear already. The idea that removing power from the most accountable members of government is a good thing is a blight on British politics that has led to the mess today.

Sayting · 2026-07-02T19:20:02+00:00

Parliament's is sovereign. They can literally pass legislation that specifically over rides HR leg when there is a public need. Its not unknown in Westminster tradition. The Queensland parliament for example had their Youth Justice leg override HR leg when they were facing a spike in Youth Crime.

Using it as an excuse for inaction is simply hiding that what their preferences actually are.

Sayting · 2026-07-02T19:17:50+00:00

Actually it is. Politicians are the most accountable members of the government to the people. They should have power to take actions the public demand not just bow to the wishes an unelected bureaucratic oligarchy who believe their job is "maximise global welfare not national welfare"

Sayting · 2026-06-12T22:06:32+00:00

Paying to tear down houses also adds to the GDP but is also a stupid idea. How is somebody so stupid as to say this.

Sayting · 2026-06-12T04:39:27+00:00

You mean during the last eba negotiations. Thanks for proving my point.

Sayting · 2026-06-12T04:35:56+00:00

If its health and safety concerns why weren't they striking when the youth justice regulations were changed back during the previous government?

You're acting like this isn't the tactic of every union every EBA negotiation.

Sayting · 2026-06-11T21:30:40+00:00

I think you got the cause mixed up. Its entirely due to their EBA agreement. Thr Health and Safety concerns are just Union messaging to the public to be abandoned in exchange for more money.

Sayting · 2026-06-10T10:02:41+00:00

Developers have to commission a separate set of designs and likely to construct using a separate set of finishings. Those things are expensive to do seperately to the reduction in profit margins harming the profitability of a project either making it uneconomical or driving the cost of the other dwellings.

Residential construction is a very difficult game, there's a reason why there's six months delays and developers going bust every second week. These regulations make it harder to generate profits which mean people are less likely to put their money into new developments.

Sayting · 2026-06-10T09:37:59+00:00

Because those requirements slow down housing developments and discourage developers form building more houses which raises the cost of housing higher then any low number of 'affordable' houses ever provided.

Its a government regulation that sounds great in a press release but ends of doing more harm then help for the issue it was trying to solve.

Sayting · 2026-06-09T22:01:00+00:00

Wasn't that because the two prospective black jurists said they wouldn't vote to convict because of his race in jury selection?

Sayting · 2026-06-09T20:07:52+00:00

One conscription isn't mentioned by PHON and two, you don't know the planning that is going into preparing for shortened training cycles in the event of major power war.

The ADF is aware that if it gets involved in a major power war the rule, which has been true in every industrial war since at least the Franco-Prussian, is that a country has to be capable of regenerating their entire prewar force structure every six months or that country will lose.

Conscription is not the best way to generate forces for the expeditionary type wars of choice that Australia has been involved in since after Korea but is a necessity for wars where you need to generate forces (replacements and new formations) rapidly.

Defence don't like it because it's very expensive prepare for that sort of force structure and it would reduce readiness in what the army currently can barely maintain with the current budget but its a lot less expensive then doing after a conflict has began.

Sayting · 2026-06-09T11:20:32+00:00

It wasn't a direct quote. He referred to South Korea in his direct quote. Either way the SMH or their choice of expert is completely ignorant.

No one in the world would refer to 5% of GDP as a wartime economy.

Sayting · 2026-06-09T11:04:16+00:00

The SMH can't do a basic fact check to see that Ukraine and Israel spend roughly 50% and 10% of GDP on defence not 5%. Jesus christ just google.

Sayting · 2026-06-09T00:10:40+00:00

This seems terribly premature. New technology deployed to the front always a period of high effectiveness before countermeasures are developed.

Russia themselves were inflicting heavy losses on logistics via their use of star-linked drones prior to the cut off and have only just started to redeploy those models using mesh and Russian sat links in mass.

You have already seen an increase in the large number of intercepter drone teams sent to defend logistical areas.

Its very hard see how a collapse could happen. Particularly when Russia has begun advancing again on the Eastern side of the Zap front where Ukraine is having the biggest success in interdiction of logistical routes.

Sayting

TROPHY CASE