- Joined
- Jun 20, 2013
- Messages
- 696
- Location
- Kapiti Coast, New Zealand
- Tagline
- Path under Coastlands overbridge
NZ must still import most of theirs eh?
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Why the Kiwi "she'll be right" attitude?
The stark conclusion has to be drawn that New Zealand is almost totally dependent on imported oil, and that we will become even more dependent as domestic production rapidly declines. Even if new oil fields were discovered off shore of New Zealand, it takes between 10 - 15 years to bring any such oil into production.
The kiwi "she'll be right" attitude pervades our response to our precarious oil security situation. Yet the reality is that we are in a far worse position than other oil importers. The government commissioned Hale and Twomey Report sums it up like this -
"New Zealand has an unusual combination of supply vulnerabilities. It faces the same broad range of possible external supply disruptions as do all IEA members but these are exacerbated by such things as its current level of import dependency, remote geographical location at the furthest extent of the international supply chain and relative isolation from other countries from whom relief could be expected in some situations."
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