More on the price of oil

by frog

The Minister of Finance might be standing by Treasury and the Reserve Bank’s farcical attempts to pick the future price of oil, but it seems the Associate Energy Minister does not believe the price of oil is retreating from its current US$90 a barrel price any time soon.  He’s using it as a justification to start digging for gas next year in Taranaki. 

So it would seem the government’s sustainability strategy still includes ‘dig and burn’.

frog says

Published in Environment & Resource Management | Parliament by frog on Mon, December 3rd, 2007   

Tags: , , , , ,

More posts by frog | more about frog