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And alot of these oil producing nations only a small population so they have bucket loads of cash to spend on infrastructure and delivering a higher standard of living to its citizens. From what I understand the whole banking system is built around continuous growth which requires a cheap...

Up another $1.48 Oil is up another $1.48 overnight with it now topping $75.17 a barrel. The gold price rose $12.40 to $632.20 oz on the COMEX. So we see it once again gold following oils lead higher. Political unrest in Nigeria has cut that country's exports by a quarter, with no good...

If we are going to have high inflation, than property should be a hedge against this. Gold is another good hedge against high inflation. The worst investments I think will be airlines, and any other companies that have a large percentage of their running costs associated with fuel. Also I...

If I was the Treasurer I would be worried as well, there is not alot the govt can do when it comes to the oil game except seek out alternatives and push these hard. Inflation will increase inline with the rise of oil. Interest rates are the only thing the govt has at its disposal to try and...

I don't think the Govt has any intention of tryiny to shake things up in the oil industry, I think its more of a case of looking at alternatives to powering the national economy in the future. Whats wrong with this?? Just because we have no say in the current oil industry doesn't mean we...

If anyone is interested there is going to be a Senate Inquiry into Australia's future oil supply and alternative transport fuels. The closing date for receipt of submissions is 24 February 2006. Its about time that the Govt had a good look at this issue and hopefully something productive...

Supply My understanding is that there is a bottle neck with refineries, and shipping capacity, not being able to keep up with the demand. Alot of the refineries aren't set up to process the heavy crude that Saudies have. It was on the front page of the local Saudi papers a couple of days...