[LINK] The Australian Economy Runs on oil.
gordonkeith at acslink.net.au
Mon Feb 28 09:01:35 AEDT 2011
On Sat, 26 Feb 2011 08:46:57 AM Tom Koltai wrote:
> Now would be an etremely good time for the Australian Government to stop
> exporting oil for parity, address the Taxation on petroleum [reduce it]
> and keep a balanced price at the pump. [Americans have paid the same
> prices at the pumps since 1982.] Some legislative interference mandating
> a maximum of $1.35 at the pumps might possibly be in order until LPG can
> be effected wholesale.
Actually we'd be a lot better off in the long term if the government was to
introduce a carbon tax that significantly increased the price of petrol.
Since they don't seem capable of that then outside events driving down the
supply of oil may be our only hope of responding to the climate crisis.
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