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Thread: Massive Oil Reserve Discovered In Australia

  1. #11
    Senior Member Array Lark's Avatar
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    Jun 2009


    Quote Originally Posted by Mal+ View Post

    With current estimates at 233 billion barrels its just 30 billion shy of the estimated reserves in all of Saudi Arabia.

    According to one renowned international expert, this massive discovery could eventually dwarf the oil rich kingdom as the original estimates are revised.

    An advisor to six of the top 10 oil producers and active consultant to 20 world governments, Dr. Kent Moors now believes the find, "may land at 300 or 400 billion barrels," making it one of "the greatest unconventional oil discoveries any of us will see in our lifetimes."

    "It's represents a bona fide redrawing of the global energy map as we know it," Moors says, "and the mainstream media is completely ignoring it."
    Yeah, what about that because this is the first I've heard of it.

  2. #12
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    Jun 2009


    Quote Originally Posted by JivinJeffJones View Post
    We live right next to one of the most populous, overcrowded nations on earth (Indonesia) and are closer to China than to any other major ally. We're rich in natural resources and low in population. We don't have The Bomb. I think most Australians believe that if we didn't have the military backing of the US we'd have been invaded already.
    You want to bet the US is interested in keeping that belief alive.

  3. #13
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    Jun 2009


    Quote Originally Posted by JivinJeffJones View Post
    I recall listening to a discussion about the Australian military capability on a well-regarded national radio station in which one of the experts mentioned in passing that the Indonesian president actually wanted to invade Australia over the East Timor intervention. He had to be talked out of it by his chief general on the grounds that they wouldn't succeed.

    But you're right, it does seem unlikely in the near future. For one thing Indonesians actually like Australia, apparently.
    The indonesians are one of those regions though, internal strife, tendencies towards destabilisation etc.

    There's always the possibility that either the US or China would manipulate another nation into some sort of aggressive action, it would cause crisis and panick in the worlds markets particularly if there was any established dependency upon Austrialian resources and destabilisation is the name of the game in the new geopolitics.

    If you look at all the news coverage internationally it is all about the capacity of any nation state to handle disorder or survive it. I'm waiting for this to finally register on the radar of right wing politicians who've pandered to their special interests, ie the legacies, in a way which has eroded and ruined the social fabric. If it was a defence concern perhaps finally something might change in the attitude to mixed economies, domestic production and manufacturing and redistribution of wealth.

    Australia is one of the countries along with the US and UK which Citibank boasted was a Plutonomy, threatened only by the equal voting power of the 99% and 1% in elections, if domestic social struggles are ramped up like that it does have a definite impact upon national defence.

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