NZ First are lying to you about Marsden Point
Let’s be 100% clear here.
NZ First are lying too you about Marsden Point being some sort of saviour right now.
It’s a god damned lie!
1 – Marsden Point refined oil, it didn’t magically make it! The price surge is happening because the Straits have been closed, that means even if Marsden Point were open, the oil still wouldn’t be getting shipped! Pretending that if it were open we would be more secure is just a total lie!
2 – It was going to cost $6billion to keep the Refinery open, something that Jones hilariously noted at the time…
…Shane blows whichever way the wind is blowing FFS!
3 – The reports all pointed to much cheaper and better alternatives to keeping Marsden Point open like more inland storage and more biofuels!
Pretending as if having Marsden open would do a bloody thing when there were cheaper vastly more efficient alternatives is a total falsehood on behalf of NZF.
Surely the lesson for NZ from what is happening in Iran right now is that we need to be self sufficient on electricity not more bloody oil!
New Zealand’s Growing Energy Vulnerability
At a time when the Government have dumped EV subsides and clean car subsidies, is investing in a multi-billion dollar gas scam and have avoided subsidising solar, we are faced with the perfect storm of oil price hikes.
Why the Strait of Hormuz Matters to New Zealand
Iranians are now mining the Strait of Hormuz – I think Trump has bitten off way more than he can chew – he has mistakenly believed Theocratic Religious Zealots could be as easily bullied as Corrupt Crony Revolutionary Venezuelans – this isn’t ending soon.
New Zealand’s Dangerous Reliance on Imported Fuel
The South Koreans are looking at ending refined oil exports, NZ gets 48% of our oil from them.
If they shut down exports, it will be crippling to NZ’s economy.
NZ has about 30 days of petrol on shore and a further 30 days in tankers heading here – BUT – those tankers can sell to other clients before they get to NZ, so we HOPE they come here, but if the situation goes longer, that oil can be sold before it gets here and they will turn around.
Fuel Security Warnings Already Given to Government
Bernard Hickey has the report on what shutting the Strait means for NZ’s fuel…
Report advised on Hormuz risks, including forecast of hit to GDP
An Advisory-Castalia report on Fuel Security for the Government last year considered the risk of a major disruption such as an extended closure of the Strait of Hormuz and estimated a GDP hit of upwards of 1% of GDP. It estimated prices would increase by twice as much as during the Ukraine crisis.
…I think the 1% GDP destruction is optimistic.
Trump has damaged so much with this illegal war.
Climate change is happening faster than predicted and its impacts are only going to cause geopolitical stresses to occur.
Electrification Is the Only Long-Term Solution
The solution is massive electrification of the NZ system so that we are not held hostage.
That means more electric cars, more electric car subsides, more solar, more solar panel subsides, wind and turbine energy creation.
We are refusing to acknowledge the massive change coming.
Rather than attempting to point score over Marsden Point, why won’t Shane engage in the actual issue?
The most efficient Electric Vechical is an electric train .I have lived in Germany and visited many times Austria that has a small population and very mountainous terrain with an excellent electric train network its make more sense to electrify Kiwi rail and bring in passenger carriages besides carrying freight in Germany one can go anywhere from city to city and including train tram bus for 49 Euros a month .They even have big trucks operating a trolley system connecting to overhead electrification. Hydro electricity is one thing we have in Nz and this needs to be backed with incentatives for people to install Solar PV that can recharge ev cars ,Ute’s and vans We can do this if we elect honest politicians who have a long term plan for energy sustainability and resilience