Improving Oil Security
Before governments can improve oil security for their people they need to learn how markets work, or their policies will do more harm than good. This submission discusses the effects of suppliers, consumers, traders and governments in the oil market, why “Peak Oil” is a mirage which recedes as you approach it, how methane hydrates may provide the next energy revolution, how governments reduce oil security, why biofuels and alternative energy will not fuel our transport fleet, the hydrogen myth and why “Hands Off” is the best policy.
Read the full submission [PDF, 49 KB] to the Queensland State government.