Skip to main content

Russia, oil and petrol prices

I’ve been getting questions about oil and petrol prices and the role of Russia. For what it’s worth here is my take. The Brent oil price yesterday was US$132.33 per barrel (8 March) and Australian ULP petrol prices are passing $2/litre. Q. Why are oil prices shooting up? A. The oil market was very tight […]

A short history of Australian east coast...

The Oxford Institute of Energy Studies has recently published a useful paper by Visiting Research Fellow, Nikolai Drahos: Australia’s gas trilemma: prices, exports and emissions. The paper cites work over the years by EnergyQuest, including a contribution to a report presented to the World Gas Conference in Washington in June 2018, Exhibit 7 Australia’s […]