In an increasingly complex world, is NZ's fuel supply secure? | Q+A 2024

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Q+A with Jack Tame

Q+A with Jack Tame

Ай бұрын

Associate Energy Minister Shane Jones is investigating reopening the Marsden Point oil refinery, saying it will help secure New Zealand's fuel supply. Meanwhile, oil companies are grappling with minimum fuel stockholding obligations that will come into effect next year.
Join Jack Tame and the Q+A team and find the answers to the questions that matter. Made with the support of NZ on Air.

Пікірлер: 291
@renekuehnemann5848
@renekuehnemann5848 Ай бұрын
We have to be independent since we are far away from any other supply. Particularly in today’s world. It only takes a bit to tip the world into chaos.
@bobdillon1138
@bobdillon1138 Ай бұрын
And how exactly can we achieve this?
@CharlesClemens-pt9qh
@CharlesClemens-pt9qh Ай бұрын
@@bobdillon1138 Build a refinery FFS
@willtekata1763
@willtekata1763 Ай бұрын
It is unbelievable that we are in this situation. Nothing has been learnt for the carless days of the 70s.
@gavinivers8941
@gavinivers8941 Ай бұрын
The clowns who don't want any petrol chemical exploration weren't around, and have no clue of history. Look to what is happening in Europe, Russia are holding many countries to ransom.
@ttm2609
@ttm2609 Ай бұрын
No it's not, the WEF have dictated this .....go figure
@TheMarathonomahos
@TheMarathonomahos Ай бұрын
Carless days actually saved no fuel. Cars just travelled more to compensate for the extra loss of the other non usable car. That's why it was a con.
@berkulous289
@berkulous289 Ай бұрын
Are we having carless days again? Will they enforce that on EV's?
@throughput6674
@throughput6674 Ай бұрын
NZ has oil deposits it could refine. in my view we should be doing at least 30% of our needs from our own oil. with prevision to expand if and when needed.
@TheLeftie600
@TheLeftie600 Ай бұрын
We don't gee close to that level of oil production from our fields nor is there that potential from the untapped fields they know about. Without change in our energy demand, we will always be reliant on 95%+ of foreign oil.
@ttm2609
@ttm2609 Ай бұрын
It's owned by overseas interests thanks to a Muldoon government 😊
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
@@TheLeftie600 Or we could use 100% NZ made electricity.
@sg305
@sg305 Ай бұрын
@@gpsfinancial6988 We dont produce that amount of energy to be able to replace oil /gas and coal.
@communistgreyman2078
@communistgreyman2078 Ай бұрын
If China invades Taiwan there goes our gas. 28 days supply is pathetic. Just watch the gangs when there is no gas things will devolve very quickly. Remember no gas no more supermarkets.
@grizzz6884
@grizzz6884 Ай бұрын
look up nat hagens and art bergman ,
@grizzz6884
@grizzz6884 Ай бұрын
also look into the war on that place on the west coast , which has a oil well
@jtonline99
@jtonline99 Ай бұрын
You know Singapore and Taiwan are different countries right?
@nathshaw
@nathshaw Ай бұрын
Absolutely right. Various militaries from various sides will shut down shipping lanes.. Narrow ones such as that between Indonesia and Singapore are much easier to shut off. Starvation of countries for fuel, food, and other supplies is definitely a powerful weapon of war. New Zealand **might** be able to get oil direct from USA, or perhaps ships passing to the South of Australia; unlikely via current shipping routes; and if there are ships prepared to even sail here... we'll pay a fortune for it. And we'll need to, without diesel to run our trucks, people will starve.
@jiaweike3518
@jiaweike3518 Ай бұрын
Don't worry everyone. Chinese would be really stupid if they invade Taiwan. There is hardly much resources they can get from acquiring a land which they already claim is their own. I saw online that most Taiwanese celebrities are not aligned with the politicians and they don't want a war with China. Businesses from Taiwan want to make money from the Mainland China as well. I think New Zealand would want to establish trades with countries like Malaysia and Indonesia too. Malaysia exports quite a lot of petroleum according the CIA factbook.
@HiddenHammock
@HiddenHammock Ай бұрын
Reopen the Point🇳🇿
@overland_adventure_nz
@overland_adventure_nz Ай бұрын
Unfortunately, it sounds like they have destroyed The Point beyond to repair 😢
@yota8325
@yota8325 Ай бұрын
​@overland_adventure_nz it was already needing hundreds of millions of dollars spent to keep it operational before it was decommissioned.
@carlsmith653
@carlsmith653 Ай бұрын
Rebuild it then.
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
​@@overland_adventure_nz Remember they couldn't compete, refurbishment would have been throwing good money after bad. Especially seeing we would soon have to import crude no matter what.
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
​@@carlsmith653 With what? ...our economy is shagged. They don't even want to feed our needy kids🤷‍♂️
@Ps119
@Ps119 Ай бұрын
A small enemy naval force could readily stop tankers arriving in NZ and our current Navy could not ensure the tankers get here. In that situation NZ would run out of petrol and diesel after less than a month and basically all transport in NZ would come to a halt, except for horses and bicycles. Our current defence strategy is to hope it won't happen.
@ttm2609
@ttm2609 Ай бұрын
We better be good boys and girls in the eyes of WEF and WHO otherwise they starve us
@JamesBarry-um8su
@JamesBarry-um8su Ай бұрын
Our Navy is pathetic theirs no way they could protect our shipping lanes with 2 frigates if a conflict with China breaks out.
@growtocycle6992
@growtocycle6992 Ай бұрын
Opening Marsden point wouldn't change that 🤣
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
The fuel Marsden Point refined was imported - exactly the same risk. The best way to enhance energy security is to use 100% NZ made electricity.
@overland_adventure_nz
@overland_adventure_nz Ай бұрын
The last government screwed us over with closing down Marsden point.
@bevanfidler6809
@bevanfidler6809 Ай бұрын
The government didn't close it down you clown!
@lancedonald6070
@lancedonald6070 Ай бұрын
@@bevanfidler6809 The Government wanted it closed by its private owners who were paid off handsomely. At any point the labour loonies and their green diseased racist mates, could have legislated to stop the shutdown 2 years before it was announced as this was how long the backroom dealings took.
@cathmah8467
@cathmah8467 Ай бұрын
Really?
@throughput6674
@throughput6674 Ай бұрын
channel infrastructure, the publicly traded company on the NZ stock market who own Marsden point. closed it down. Anyone who was against the closure could have brought $5 of stock on shareies and voted against it? Im sure this is what you did right? Rather than go on the inherent and blame the government like some of those crazy ignoramus
@overland_adventure_nz
@overland_adventure_nz Ай бұрын
@@cathmah8467 yes, definitely!
@danielxbox28
@danielxbox28 Ай бұрын
did no one learn from Covid lol, not to mention bringing fuel prices down would help the economy and cost of living
@waynehawtin6413
@waynehawtin6413 Ай бұрын
Good on you, NZ First
@Karyn-tc8lc
@Karyn-tc8lc Ай бұрын
Japan ranks 81 in world oil production. Japanese refiners have recently closed 2 120,000-barrel-per-day (b/d) refineries. So this is who we are relying on to service NZ!
@Motumatai3
@Motumatai3 Ай бұрын
Just remember that our mums and dads paid from their own pocket (taxes) to build Marsden point. And then some politician sold it off to the big boys!!!! 30 years later they close it down cause its uneconomic. If they hadn't been paying their shareholders such large dividends they could have paid to keep it better maintained. Since closing down the refinery side of Marsden we have received 3 shiploads (I believe) of substandard fuel, that in the old days would have been purified by our own refinery. Now, all they can do with a substandard shipload of fuel is dilute it by mixing it with all the good fuel!!!!!!!!
@grizzz6884
@grizzz6884 Ай бұрын
so you remember sir bob jones starting the new zealand party to split the nats vote , to bring sir roger douglas to power . to sell it all off . the labs and the nats are on the same team
@MrHart450
@MrHart450 Ай бұрын
@Motumatai3 Just one second? You are missing out some key points here. While your mum and dad may have paid taxes? the government borrowed addition money in order to build it, maintain it and do upgrades. Soooo much so that assets had to be sold to stop the country going into bankruptcy and faulting on those very loans needed to build this thing.
@HoriandRangisAdventures
@HoriandRangisAdventures Ай бұрын
We need to increase our supplies and using our own oil rigs would benefit us immensely, creating many jobs, the price of fuel in this country is ridiculous :)
@Seriola-bn4dn
@Seriola-bn4dn Ай бұрын
4 times in 2023 we rationed aviation fuel because the supply was contaminated. So much for "fuel resilience" promises. Industry just lie through their teeth. We also now import all our bitumen and CO2 needs.
@perryanderson9103
@perryanderson9103 Ай бұрын
Gisborne district council is corrupt
@cyrillawless
@cyrillawless Ай бұрын
We need our own refinery processing our own oil. Yes we have plenty if they will let us use it. Then the rest of the world can do what they like.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
Our oil is not suitable to refine plus there is not a lot of it support the country for a long time.
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
How kind of Shell and the other explorers to leave NZ with it's vast acreages of oil just waiting to be plucked. Even NZ Oil and Gas is shifting to Aussie - this is after Shane and his sheep said "drill baby drill"
@cyrillawless
@cyrillawless Ай бұрын
@@chrismckellar9350 rubbish. Our oil is just different from the stuff we were importing. That’s why I said we need to set it up to process our own oil. Apparently our oil is very good. Big oil is just leaving it for when the stuff they are exploiting now runs out.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@cyrillawless - Yes, NZ oil is different hence global petroleum companies have assessed it is to expensive to extract and refine it.
@cyrillawless
@cyrillawless Ай бұрын
@@chrismckellar9350 no it is different to the Asian oil we are being shipped at the moment. Yes it is harder to extract but they don’t need it and as NZ is a fairly stable country politically speaking there is no hurry to exploit it until the world gets short. Read the book “floating on oil and gas” by. Brian Jackson. It will open your eyes to the bullshit and incompetence of governments past has done to one of our biggest resources.
@ObiePaddles
@ObiePaddles Ай бұрын
Fuel resilience is important. That’s why EVs are important as they reduced the need for fuels, effectively meaning the same level of fuel reserves last longer.
@olsaffa7679
@olsaffa7679 Ай бұрын
Winter hasn't even hit and we were already asked once not to charge EVs. Being green would be great but jumping at it instead of walking will expose us to risks that would make a pandemic look like a day off work.
@ObiePaddles
@ObiePaddles Ай бұрын
@@olsaffa7679 In fact we were asked to reduce energy including cars between 7 and 9 am. Mark Ryall from Transpower said "We have a very peaky system where first thing in the morning and last thing at night the load is a lot higher than the rest of the day." The jokes on the EV forums were that nobody charges between 7 and 9am anyway s it’s the most expensive price. We all charge overnight when there is a kilt of spare capacity.
@olsaffa7679
@olsaffa7679 Ай бұрын
@ObiePaddles Point taken but the electricity supply is obviously near top capacity at some points. Nothing to cripple a country like electricity or fuel rationing. Let's stay well clear of it. Once it gets to a public announcement like that : time to reality check.
@ObiePaddles
@ObiePaddles Ай бұрын
@@olsaffa7679 it is and we should not be impressed about that as electricity demand is rising with or without EVs.
@olsaffa7679
@olsaffa7679 Ай бұрын
@ObiePaddles Very true. Australia's public sector infrastructure deficit is at 250 Billion and NZ's is at 500 Billion. We have a bloated government starting at its navel while politicians are arguing about "native peoples rights."
@feesullivan3439
@feesullivan3439 Ай бұрын
Thank goodness we have a new govt. Go Jonesy 🎉
@craigdavies8099
@craigdavies8099 Ай бұрын
Labour screwed the pooch without doubt. But National is not doing anything good for New Zealanders, they have cut funding to the massively underfunded health system. Have you been to a hospital or required surgery recently? There is not enough staff as the conditions are terrible. There is unprecedented numbers leaving for Australia and other countries which is a massive skill loss. Nz will be left with foreigners and dole bludgers. National has never improved conditions/life for regular people, only their big donars get treated well. The wholesale cuts to government services are to pay for tax cuts which they hope to use to win the next election. Instead of creative and beneficial policies winning elections they have to bribe with worthless tax cuts that benefit a small minority of people. Wages are massively lagging behind inflation and absolutely nothing is being done to improve it. Both governments are appallingly bad for our great country.
@jandrews377
@jandrews377 Ай бұрын
@@craigdavies8099 You think this situation started overnight and was caused by the current govt?
@craigdavies8099
@craigdavies8099 Ай бұрын
@@jandrews377 Not at all, the last few governments have contributed. What grates me is all the Nat supporters constantly crapping on that this government is so much better than the last. The reality is both National and Labour are completely shit, neither is capable of actually improving life for regular kiwi's. When working families cannot support themselves the government has dropped the ball. I'm sick of Nationals plan to slash everything ie health, food for kids at school etc so they can bribe us with tax cuts to win the election. Donkey sorry I mean John Key did exactly the same thing, not one good policy to campaign on, just tax cuts that benefit a few and worsen the health and education systems. Luxon is truely useless, Hipkins is a nice bloke but completely ineffectual, Jacinda was idiotic, John Key was as bent as ever a prime minister has been. There is nobody worth voting for...
@ttm2609
@ttm2609 Ай бұрын
Hahaha, it's only a vote getter
@MrHart450
@MrHart450 Ай бұрын
@feesullivan3439 In case you missed it?? Timestamp 2.31 It had nothing to do with the govt.?? So not to sure how you think a change of govt is going to fix it?
@Lita_52
@Lita_52 Ай бұрын
Hopefully things are better for New Zealand’s fuel ⛽️ supply security and fuel resilience.
@LINDA-mw7mf
@LINDA-mw7mf Ай бұрын
ANOTHER GREAT TOPIC..SHANE JONES..IT,S PROBERLY TO SCARE PEOPLE INTO ELECTRIC CAR,S..
@adrianparkes396
@adrianparkes396 Ай бұрын
More like Shane Jones scaring everybody so his mates in the industry he's having private dinners with can make some bank.
@saltydog4556
@saltydog4556 Ай бұрын
It is so unsecure and pricing is pure gouging
@CaptScrotes
@CaptScrotes Ай бұрын
Don't these oil companies make record profits almost every year?
@growtocycle6992
@growtocycle6992 Ай бұрын
What about modifying vehicles to run on lpg??
@Karyn-tc8lc
@Karyn-tc8lc Ай бұрын
Japan ranks 81 in world oil production and has recently closed 2, 1200 barrel per day refineries. This is who NZ is relying on to service out needs.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
Currently it is coming from refineries in Indonesia.
@clandesdiner9100
@clandesdiner9100 Ай бұрын
On holiday in Perth Aus.... petrol here as low as A$1.82/litre . You really gotta wonder.
@aleceshowe
@aleceshowe Ай бұрын
A nuclear war will last longer than 28 days. We need to be able to refine our own fuel for longer term security
@jtonline99
@jtonline99 Ай бұрын
What does it matter if we can't import the crude to refine in the first place?
@yota8325
@yota8325 Ай бұрын
Marsden point could only refine imported crude anyway so it doesn't make any difference
@MrHart450
@MrHart450 Ай бұрын
@aleceshowe A nuclear war will be over in a matter of hours? or minutes not sure how you think it will last longer than 28 days? maybe you were talking about the fallout? Wrong again modern nuclear weapons don't have the same as the old "H" bombs
@TheFredkent
@TheFredkent Ай бұрын
The word nuclear suggests that IF nuclear was used the fall out would take many years to diminish for anyone to reinhabit the radiation area from it. Have no fear, no one uses nuclear for that very reason .
@sherwinfortune7823
@sherwinfortune7823 Ай бұрын
@MrHart450. I think you are leading yourself down the wrong path in an effort to seem smart. The point is energy security. 28 days is not enough to run a country through any sort of world crisis. Life, as we know it, will come to a grinding halt if the machines can’t move. It all comes down to cost. How much does it cost to import crude vs the refined fuel?what’s the cost of refining crude? How much does it cost to run the refinery? Is it profitable etc. those are the questions that needs to be answered. Along with that a risk analysis would have to be conducted.. what are the consequences if they do or don’t build a new refinery or increase the reserves… It’s interesting and complex. Looking forward to how it develops.
@lynneades4632
@lynneades4632 Ай бұрын
With the very real threat of war over Taiwan, the siuation will go from "ok" to "dire". If we don't put in place a plan, we will very likely be crippled. How much time do we have?
@rattedbug5003
@rattedbug5003 Ай бұрын
So why wasn’t storage set up before the refinery was shut down. Oil and bitumen come from overseas now. So not just fuel but road repair or building could be effected. Stupid labour pouring concrete into lines. Just to be the first at something???
@chrismckellar9350
@chrismckellar9350 Ай бұрын
It seems that you got your information disinformation, misinformation and conspiracy theories on social media and from rabbit hole media and radio.
@berniefynn6623
@berniefynn6623 Ай бұрын
$82 U S a barrel,why is our petrol so dear
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
Luckily NZ has a 100% NZ sourced fuel available with plans to increase the supply.
@1philliph
@1philliph Ай бұрын
Its not rocket science. The Diesel arrives by ship in a "just in time " supply chain. Businesses all over the world, including mine, are ditching that dangerous system. New Zealand is screwed if there is a supply shock. Overnight we could go to emergency rationing.
@user-gk3jk2wr4u
@user-gk3jk2wr4u Ай бұрын
No chance Labour would have ever ever addressed this. This is a real world issue.... We need to move fast...fuel storage is not for the private sector to manage....government needs to get on with it. We also need to have storage away from the coast in case of earthquakes and or tsunamis. I fear it will take years.of reports...endless plans....opposition to breaking ground...and nothing happens.
@adrianparkes396
@adrianparkes396 Ай бұрын
It's said multiple times in the video that it was labour's bill that required these companies to store more fuel.
@user-gk3jk2wr4u
@user-gk3jk2wr4u Ай бұрын
@adrianparkes396 after 2 terms how much extra real actual storage did they secure or create? Zero I believe.
@adrianparkes396
@adrianparkes396 Ай бұрын
@@user-gk3jk2wr4u They passed a bill that requires these companies to increase their storage. Not only did they address it, they put in regulations that will increase storage.
@user-gk3jk2wr4u
@user-gk3jk2wr4u Ай бұрын
@adrianparkes396 So how much actual extra storage is there...seems.the same outcome as extra social housing under Labour.
@adrianparkes396
@adrianparkes396 Ай бұрын
@user-gk3jk2wr4u The storage will increase in January by law thanks to labour Not sure what you're referring to about housing. Labour built more houses than any other government since the 50s
@BlackSiphoNz
@BlackSiphoNz Ай бұрын
Agreed labour shouldn't have shut marsden point they went to far towards the electric policy . Do it bring back marsden point
@ttm2609
@ttm2609 Ай бұрын
You voted for Labour tho
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
They didn't. NZers saving a few cents at the pump by buying cheaper direct imports from companies like Gull made it uneconomic to refine in NZ.
@tonydoggett7627
@tonydoggett7627 Ай бұрын
NZ also needs fuel storage for their fighter jets.
@jamesclendon7635
@jamesclendon7635 Ай бұрын
Another reason to buy an EV.
@aburch6021
@aburch6021 Ай бұрын
so you can power them from imported coal instead of petrol...
@jamesclendon7635
@jamesclendon7635 Ай бұрын
⁠Why would you use coal? It makes up less than 3% of the NZ electricity grid.
@aburch6021
@aburch6021 Ай бұрын
@@jamesclendon7635 depends where you are i guess
@geoffcon100
@geoffcon100 Ай бұрын
Imagine being able to plug your car into your house and charge it from your roof. Hmm🤔
@DaParty3473
@DaParty3473 Ай бұрын
We should be moving away from gas " the petrol sort"
@chrissolutions
@chrissolutions Ай бұрын
We can't and it's impractical.
@Phil-oj5nr
@Phil-oj5nr Ай бұрын
It is entirely sensible for the Government to get a report on what amount of fuel we store. Once we know how much the present infrastructure can store, we can then plan for the future. It is unlikely that Marsden Point will be re-opened as cost is a big factor, however, going on the figures quoted it seems we need to have a minimum storage quantity quite a bit higher than 28 days. The amount in storage (including at petrol stations) should be available at any given moment, not just on any day selected. I think we need to store in the range of 40 to 50 days. It also appears (though not mentioned in the piece) that we are importing bitumen for road making and repairs. This has massively increased the cost of roading in the last two years. Something to think about.
@ElusivGaming
@ElusivGaming Ай бұрын
Not just that, any manufacturing done here is using imported materials because they closed all our mines down, which in turn increases the cost of everything across the board. We've become almost completely reliant on the rest of the world for everything we produce when we have the materials right here to do it ourselves. Pretty arrogant to say "we have to save our environment by not mining anything" but then expect the other countries around the world to do that to their environment to prop up our supply of everything.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
It will come down down if car owners in NZ want to pay $5, $6, or more per litre.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@ElusivGaming - Nature doesn't care a dam about the human race. What is important, the human race or digging up NZ to sell the country's remaining silver and creating more planet warming emissions?
@chrissolutions
@chrissolutions Ай бұрын
Reopening Marsden Point will be jobs and money circulating within the New Zealand economy. It will improve the balance of trade and raise living standards within New Zealand. It is more expensive relying on foreign resources for New Zealand rather than on being energy self-reliant.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@chrissolutions - The cost of reopening of the refinery will be expensive and the question how will pay for it, as the refinery site now being used as fuel storage is still owned by its petroleum company's shareholders. By the way. are your prepared to pay $4, $5 or more per litre to have refine petrol, etc processed in the country?
@johnmcmillan5114
@johnmcmillan5114 Ай бұрын
Shane also brought up the point about NZ flagged vessels. For an Island nation, NZ has a bad merchant navy and awful shipbuilding and maintenance facilities such as shipyards.
@chrisfin1921
@chrisfin1921 Ай бұрын
Just take a look at what has been occurring recently with jet fuel .... THREE contaminated shipments since november 2022 ?? You think this sort of thing is not happening with petrol/diesel ?? They just "blend it away" ..... with the end user footing the bill when (in particular) late model vehicles fail due to contaminated fuel ...
@barron204
@barron204 Ай бұрын
It is estimated there is only 1 years worth (2016 est.) of oil in the ground around NZ with a 10-20% success rate so drilling for oil is not a viable option. We have to continue importing, stock piling and reducing oil requirements.
@philbennett4494
@philbennett4494 Ай бұрын
Rebuild Marsden Point , we need to be independent and refine our own oil, plus build a Fischer-Tropsch plant (coal to petrol/diesel /aviation fuel) , closing it was about as dumb as importing a million tons of cheap bad Malaysian coal a year when we have 200 years of quality coal here in NZ. If there is a war, do you think the ships will come here for us? We should be an energy exporter, this is for the future of our children and grandchildren. The Green New Deal is a disaster..
@chrismckellar9350
@chrismckellar9350 Ай бұрын
So is fossil fuel a disaster. This country can produce green hydrogen.
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
You might be happy to pay an extra $2 a litre, but most won't.
@philbennett4494
@philbennett4494 Ай бұрын
@@gpsfinancial6988 No Fuel , no economy, you choose
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
@@philbennett4494 It refined imported oil anyway. You are in la la land if you believe there are billions of barrels of oil just waiting for harvest. The majors already walked away and NZ Oil and gas is moving to Aussie despite Shane's offer of bending over and taking it with no lube.
@philbennett4494
@philbennett4494 Ай бұрын
@@gpsfinancial6988 Hence it needs upgrading to refine our own oil so we become an exporter, i respect your thoughts but i beleive we have plenty of oil here and the alternatives are not pallatable, as with coal , we need a Fischer -Tropsch plant built , you know like Germany did in the war years to become 80% self sufficent .
@nesiansides7133
@nesiansides7133 Ай бұрын
Take note that blackrock is here financing green energy infrastructures and has interests in our superannuation funds. According to a nz interview with blackrock CEO and financial analyst. This government was destined to position our nation into debt. The financial budget is clear that the poor and middle class has no option but to take on debt to survive. Thus blackrock borrows/IOU on our debts, driving stock market inflation. Greed has no mercy... unbelievable
@user-wk2di4lo2t
@user-wk2di4lo2t Ай бұрын
Q+A game is weak A hit piece to sabotage the country is what Q+A is all about
@chrismckellar9350
@chrismckellar9350 Ай бұрын
Why you say that?
@ElusivGaming
@ElusivGaming Ай бұрын
100% percent import for fuel!! How can anyone think that's a good idea? If something happens with the supply chain like, oh I dunno, a war or another "pandemic", then we are screwed. That's not just petrol cars, that's electricity too by the way!
@chrismckellar9350
@chrismckellar9350 Ай бұрын
Are you show that electricity is generate from fuel.
@ElusivGaming
@ElusivGaming Ай бұрын
@@chrismckellar9350 Not all of it, coal and gas are a type of fuel though right? so yeah most of it is generated by fuel. We don't and won't have enough renewable hydro, solar, and wind to be self sufficient for a long time, we still have to think about what happens between then and now.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@ElusivGaming - 85% of power generation in this country is generated by hydro, solar, wind, geothermal and the remaining 15% can be from wind/solar/battery home generation and possible methane generation.
@ElusivGaming
@ElusivGaming Ай бұрын
@@chrismckellar9350 In New Zealand we are fortunate to have renewable energy sources providing most of our electricity (around 82%) and around 40% of our total primary energy. This includes geothermal, hydro and wind. The other 60% of our energy comes from oil (32%), natural gas (21%) and a small amount of coal.* Natural gas is piped throughout the North Island to homes and businesses. The South Island does not have a piped connection but bottled LPG is widely used. In total, there are around 400,000 users of natural gas and LPG in New Zealand.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@ElusivGaming - You forgot solar. By the way, the country can be a 100% renewable. For need to think outside the nprmal 3 yearly cheap quick fix solutions.
@user-rf9ws7hp3e
@user-rf9ws7hp3e Ай бұрын
Without affordable, reliable and readily available fuel energy our society will very quickly collapse into poverty and chaos. Energy is second only to drinking water.
@steveruss8369
@steveruss8369 Ай бұрын
Lets take a moment to thank Megan Woods for the wonderful work she done to get our country into a green transition so we can run our vehicles and economy on fairy dust and mushrooms 🍄
@russy8488
@russy8488 Ай бұрын
Leave the caped woke crusader alone 😂
@PowerboatTraining
@PowerboatTraining Ай бұрын
She wasn't running the country on mushrooms, she was eating them all lol
@steveruss8369
@steveruss8369 Ай бұрын
@@PowerboatTraining along with everything else haha
@jamesbrundell4964
@jamesbrundell4964 Ай бұрын
If only there was some kind of vehicle that could be fueled up with energy that we generate here in New Zealand. ¯\_(ツ)_/¯
@nicktorea4017
@nicktorea4017 Ай бұрын
create a problem get a reaction provide the so called solution
@ttm2609
@ttm2609 Ай бұрын
Politicians say nice words to get votes, what would you expect from a heart attack victim
@ropetipaovale
@ropetipaovale Ай бұрын
Get off the grass. We need our own resources. Bringing everything from outside increases our costs.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
What resources do we have to keep the national domestic car fleet going?
@gpsfinancial6988
@gpsfinancial6988 Ай бұрын
@@chrismckellar9350 Electricity
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
We should have refilled our reserves when they couldn't even give it away during lockdown, I would have handed out what we had for free and refilled our stocks to the brim.
@berniefynn6623
@berniefynn6623 Ай бұрын
CRUDE OIL is mostly in the mid $80s U.S. so why is our fuel so dear.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
The global petroleum corporations need to keep their profits up. NZ is petty cash to them.
@DrakeBuilders
@DrakeBuilders Ай бұрын
#MarsdenPoint 21days is irresponsible leadership
@ronnynolegs
@ronnynolegs Ай бұрын
SMART NON WOKE GOVERNMENT
@mahen9394
@mahen9394 Ай бұрын
Nz is suffering a lot from last govt jasinda govt.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
Where did you get your information from other than from disinformation, misinformation and conspiracy theories on social media and from rabbit hole media and radio?
@mahen9394
@mahen9394 Ай бұрын
@@chrismckellar9350 Ask any nz citizen who moved out of the country in last 5 yrs. We still in covid face struggling to get back to normal where other countries-up and running nz Pushed so much talent out side of the country, No development, no jobs, high inflation, mortgage trap made 2% during covid and now 7%. Instead of creating job markets, jasinda they just watched and collapsed and in the end abandoned. Inexperienced to run the country.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@mahen9394 - More tiresome old misinformation. Hey the world has moved on. By the way, the SARS-cov-2 virus is still around globally.
@thetruth4272
@thetruth4272 Ай бұрын
glad I got my booster jab and paper mask to protect me
@balajib1406
@balajib1406 Ай бұрын
Perhaps Russia?
@jonymanay
@jonymanay Ай бұрын
😂 we get our fuel from Singapore. Ever wonder where they get their fuel from.
@jtonline99
@jtonline99 Ай бұрын
Meanwhile electric vehicles run off the energy we produce, coalition supporters are busy bagging them wherever they can
@julianowen7377
@julianowen7377 Ай бұрын
Our farmers need Diesel to produce food. The trucks and trains need diesel to transport the food and other goods. No diesel no food. There is more to this than just cars.
@banzonGreat
@banzonGreat Ай бұрын
We could delete diesel Fuel if we really want to be independent from the oils of other countries... Electric Vehicles could do that if we put our money to that technology... Not another refinery to add more Green House Gas to our planet... One step at a time! NZ should invest to this green technology.
@rogerbrand6214
@rogerbrand6214 Ай бұрын
We should, and can produce our own ENERGY. The easiest, cheapest and quickest form of ENERGY we can produce is ELECTRICITY. And why would we want to continue to send millions of dollars offshore every day?
@feesullivan3439
@feesullivan3439 Ай бұрын
EVs are heavy and so expensive to maintain. They are going to destroy the roads. We’ve got back to petrol
@jtonline99
@jtonline99 Ай бұрын
@@feesullivan3439 no, trucks destroy the roads, an EV is no heavier than the Ford Ranger Ute’s everyone likes to drive. And what’s the maintenance cost? There’s no engine, so what do you think is being maintained!!
@georgelaxton
@georgelaxton Ай бұрын
Maybe if we reduced the amount of demand by building more public transport and bike lanes we wouldn't need as much.
@olsaffa7679
@olsaffa7679 Ай бұрын
Public transport maybe, but bike lanes? Bike lanes are empty because the idea sounds great until the wind picks up and the rain rolls in. Even on great weather days, they are not used enough.
@simon-ds1vp
@simon-ds1vp Ай бұрын
marsden was a very economic installation, when you factor in the myriad of by products, and the higher quality of the product
@tyler_tiraki
@tyler_tiraki Ай бұрын
So backwards! Let’s just invest in transitioning faster…
@Wei55_und-stolz
@Wei55_und-stolz Ай бұрын
Yes Shane! Re open marsden point! And start investigating the possibility of drilling for oil in the southern alps!
@sambell309
@sambell309 Ай бұрын
Fuel exploration and refining in New Zealand just isn't economically viable, the same is true for coal. The ETS and other climate obligations are only going to make it more unprofitable. The world has changed and pumping extractive industries fat full of government subsidies isn't going to bring back the 70s.
@olsaffa7679
@olsaffa7679 Ай бұрын
Not in the 70's but a couple of weeks ago, we were asked not to charge EVs because electricity was running low. Check the chaos if NZ goes through managed power cuts to keep the grid from collapsing. Who would have guessed this the week before the announcement?
@petercreagh8797
@petercreagh8797 Ай бұрын
The ETS is a con dreamt up by Al Gore. If it worked we will have seen the temperature of the planet start to drop by now considering it was brought in by the Helen Clark Labour Govt all those years ago.
@johnallen8094
@johnallen8094 Ай бұрын
China is gearing up to take back Taiwan we get a lot of fuel from Singapore 21 to 28 days is not enough Singapore is in the South China Sea we would be economically crippled if even a limited conflict broke out!
@ellejane6667
@ellejane6667 Ай бұрын
Microrefineries should be at gas stations; water splitting to green hydrogen, used cooking oil to diesel, biogas to production, solar pannel algae to ethanol, electric trade vehicle rental, "A big mountain pot, mix it all together and look at what you got....."
@olsaffa7679
@olsaffa7679 Ай бұрын
Sounds great but jumping at that instead of transitioning in a secure measured way would crippled us. Don't forget we already had a "no EV charging" morning before winter.
@growtocycle6992
@growtocycle6992 Ай бұрын
Efficiency of scale... 🙄
@ellejane6667
@ellejane6667 Ай бұрын
@@growtocycle6992 ownership...
@ellejane6667
@ellejane6667 Ай бұрын
@@olsaffa7679 green waste recycling, rental hub, power production, carbon credits (algae), Negative = high-end engine performance, Positive = farming sector, postal hub, gotta promote collateral benefits...
@89hatters
@89hatters Ай бұрын
Shane Jones knows nothing will be changed. He's just going through the motions to please his cooker vote.
@berkulous289
@berkulous289 Ай бұрын
I drive an EV, and Shame Jones is a silly old dinosaur fossil fuel fan championing a sunset industry.. This coalition government's speciality is making policy that flies in the face of all professional and scientific advice. Even when Marsden Point was operating, it never processed the type of crude found in NZ, because it couldn't. And the imported crude it *did* refine made dirtier diesel than the stuff Gull started importing ready made.
@PowerboatTraining
@PowerboatTraining Ай бұрын
Thanks Labour, for allowing this to happen whilst increasing our national debt from $46 billion to $120 billion. How are there still any Labour supporters??
@andreschuurman1053
@andreschuurman1053 Ай бұрын
It was a business decision to close as the refinery was old , so why blame labour?
@chrismckellar9350
@chrismckellar9350 Ай бұрын
It seem that you got your information from disinformation, misinformation and conspiracy theories on social media and from rabbit hole media and radio.
@hardlydavidson1937
@hardlydavidson1937 Ай бұрын
Labour and green party done alot of damage to nz.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
@@hardlydavidson1937 - Rubbish. It is 38 years of 'for profit at least cost' neoliberal economics and governance with its 3 yearly cheap quick fix solutions has create the current economic, social, infrastructural and housing mess the country is currently in.
@hardlydavidson1937
@hardlydavidson1937 Ай бұрын
@chrismckellar9350 yeah labour and green govt take a look at all the damage they done. Even when Helen was in she also done so much damage
@natureheals5025
@natureheals5025 Ай бұрын
Back to Horse Bro lolz
@neilstuarr2278
@neilstuarr2278 Ай бұрын
Far from secure
@tommychook4552
@tommychook4552 Ай бұрын
sabotage
@simonhadfield7691
@simonhadfield7691 Ай бұрын
Shame Jones seeking to solve a problem that doesn't exist.
@jamesstewart2993
@jamesstewart2993 Ай бұрын
Really,what country are you in.
@PowerboatTraining
@PowerboatTraining Ай бұрын
@@jamesstewart2993 Russian bot lol
@dansmith2863
@dansmith2863 Ай бұрын
Maybe the ostrich should be that national bird of NZ
@user-cx9kg2ui7g
@user-cx9kg2ui7g Ай бұрын
this government is going for private investors, the NZD is backed by the USD (which is crashing in value as increasing debt.) and makes investment into NZ a VERY RISKY yield. Dump the USD unipolar world order for trade and grow the NZD / BRICS multipolar world order that grow individual countries currency / better cost of living etc.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
Yeah right, Ivan
@olsaffa7679
@olsaffa7679 Ай бұрын
Have you actually listened to what China and Russia (the kingpins) propose as a "multipolar world?" They simply want to dominate their own "swears of influence." There's no plan for 'international equality.'
@user-gr2bw9om5y
@user-gr2bw9om5y Ай бұрын
LABOUR and Greens anti fossil fuel so no toilet paper turns up at the supermarket TRUCKS you gunna have to wipe your ARSE on the CURTAINS HAHA LMAO
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
Alota people talking like we have oil reserves, we don't, we have a little over a years worth that would need to be fracked at the cost of the environment. Forget Singapore Korea and Malaysia, stop shilling for the US and go back to cheap Russian oil.
@chrismckellar9350
@chrismckellar9350 Ай бұрын
So they can fund their invasion of Ukraine. Yeah right Ivan.
@olsaffa7679
@olsaffa7679 Ай бұрын
Relying on "cheap Russian oil" at peril. It will be used as a political weapon against us.
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
Ahhh two more koolaid drunks that think Putin invaded Ukraine because he's "A MADMAN" ... because murica told them and they're the good guy's.
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
​​@@olsaffa7679America is fighting China and Russia, we can't buy brics oil because America said so. Funny story- Asian oil is brics oil but we're paying a middle man through the nose so murica can save face. ...tell me - who's fighting us? ...that's right ✅️ - nobody! Wait until we're in aukus before you say China.
@myresponsesarelimited7895
@myresponsesarelimited7895 Ай бұрын
​@@chrismckellar9350 Ignorance is bliss. Stop believing what you're told by governments.
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