This can be another blow to the Australian economy. Join discussion...

Take this with a big grain of salt: "Oil drilled from 30,000 plus feet down is Abiotic Oil – you are being lied to. Most oil is not a fossil fuel. The text books on oil will have to be re-written." Join discussion...

Let's watch this space. Can an energy crunch be the trigger for a bust in China? Join discussion...

"Saudi Prince Al-Waleed bin Talal said Sunday that he wants oil prices to drop so that the United States and Europe don't accelerate efforts to wean themselves off his country's supply." Join discussion...

An interesting video that puts Japan's nuclear issues into perspective. Quite disturbing. Join discussion...

"West Australian powerstation operator Verve Energy says a carbon tax would have to be set at up to $70 a tonne to force a shift to cleaner energy." Join discussion...

"All the calculations tell us that [oil crunch], it's, it's going to be no later than 2014 and it could be as early as 2013." It's a very disturbing thought. Global economy will be put into hyperinflationary depression if this happens. Join discussion...

The first paragraph is interesting: "Celina Harpe was 7 when her grandfather made a prediction that would forever change her life." Wonder what life for the future generations will be like. Join discussion...

Lateline Transcript: Woodside Petroleum is claiming the growing LNG industry would be crippled by a carbon tax. Join discussion...

"The bottom line is thus: even if the governments of all of the above nations were to fall and some form of democratic or otherwise powers be installed, and even if those powers are intent on maintaining oil production, the ongoing risks and costs to foreign investors could mean production in these countries is gone – lost for the foreseeable future." Join discussion...