Tally Ho    Posted by Big Gav  Today's Herald has an opinion
column frm Paul Sheehan on peak oil called "A thirsty world is
running dry" - unfortunately just another piece of thinly
disguised nuclear industry lobbying, pushing the Rodent's "next
energy superpower" meme. Maybe Johnny and Canadian PM Harper
could have a mud-wrestle over who the coming energy superpower
really is ?  Australia could profit hugely from the imminent end
of world oil supplies.  The world's biggest oil company, Exxon
Mobil, made a profit of $A13.6 billion last quarter. That works
out at $54 billion a year, or $1 billion profit a week.  Last
week, all five global oil giants reported their quarterly
results and all told the same story: Royal Dutch $9.5 billion
profit (up 40 per cent); BP $9.5 billion (up 30 per cent);
ConocoPhillips, $6.8 billion (up 65 per cent); and Chevron, $5.7
billion (up 19 per cent). That's a collective quarterly profit
of $45 billion - almost $3.5 billion a week.  The announcements
came at exactly the same time