Gas buried in the Northern Territory’s Velkerri Shale was produced in a “slime world” that existed nearly a billion years before the first complex life on Earth evolved.
Oil price developments over the past 40 years have been truly spectacular, but the recent fall in oil prices is likely to last, thanks to increasing production.
Gary Ellem, University of Newcastle; Damien Giurco, University of Technology Sydney; James Ward, University of South Australia, and Steve Mohr, University of Technology Sydney
Australia likely has decades of fossil fuels left to extract, export and burn. That could prove to be a problem if the world comes to an agreement on climate change. Here’s four ways to help the economy, and the climate.
Despite the arguments that once raged and the considerable volumes written to advocate certain viewpoints and disparage others, interest in peak oil is at an all time low. Indeed some commentators have…