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  1. The real downturn in oil and gas exploration happened not in 2018 with the Labour ban on new license areas, but in 2015-16 when the price of crude oil plummeted down to around $US50 a barrel. The oil companies virtually shut up shop and walked away from exploration. The major fields in Taranaki, Kapuni and Maui are around 60 years old and we have squandered the opportunity to build national wealth, as Denmark has, from these finds. The failure to find a commercial field in the promising structures off the east coast of the South Island was another major setback, although we would have wasted that resource as well.
    So now we move to offshore mining for rare minerals. In South Taranaki the local Iwi have successfully led the legal battle to prevent this devastating practice for many years. Luxon was in Taranaki yesterday virtually giving the green light to this under the fast track legislation. We have learnt nothing over the years so the economic rewards for Taranaki and New Zealand will be smaller than promised and the majority of the profit will go to the overseas company fronted by a Mr. Brown here in New Plymouth. Coincidentally, Mr Brown gave aspiring MP Mr. McCloudy a donation which Davey boy “forgot” about when making his statutory declaration regarding donations. The police decided that there were 178,000 things not to see here so could everyone just move along please.
    So sometime soon, Trans Tasman Mining will begin sucking up our sand and taking the good bits to be processed in Australia. This will help save our planet because 6 billion people driving around in electric cars will help end our use of evil oil and gas.
    Etc. Etc, etc.

  2. The Government won power on Maori bashing and making vast promises.
    We will get the country back on track they said.
    One year later the country is literally off the rails and sinking in Cook strait.
    The free hospital system they promised to fix they now want people pay for it themselves.
    They have destroyed thousands of jobs to cut costs and increase profits.
    Sucking up to the tobacco companies and mining moguls prepared to destroy
    the environment for little or no return.
    They are taking lying to new lows even for the right white wing.
    The next step is to blame Maori and minority groups for why Govt can’t deliver on the promises.
    Its Muldoon ’75 and Bolger ’90 all over again.
    Its what the red necks do have done and always will do..
    Appealing to white right wing ignorance, prejudice and power.
    And the majority of voters devour the fake promises and blaming like hyena on crack cocaine.
    Its how the right wing roll

    1. Business confidence is up,interest rates are falling and inflation is being checked .Unfortunately many public servants who were hired over the last 6 years are being let go but if they are true workers they will be picked up as companies strat to grow again

  3. For goodness sakes when will people realize that if the oil and gas were there in commercial amounts the greedy oil companies would be pumping it hard out right now .Yes holes have been drilled up and down the county ,both on and off shore but NO commercial amounts have been found .I use the term commercial because we always hear ,oh but they found gas off the coast by Oamaru or Raglan or up north .That is the case but it is not of commercial quantity to allow for the millions needed to get it out of the ground and refined for use .

  4. As we all know it is way cheaper and way quicker to set up a battery farm and a solar or wind farm as is the case at Marsden Point announced early this week .It will be up and running inside two years and these can be built where the power is needed .Therefore a massive saving is achieved by not having to build new lines and pylons all over the Motu .

  5. Jones is a loud mouth blowhard and litte else. A few weeks ago he was ranting about what he was going to do to the electricity regulator. Anyone seen any action there? In other words he’s full of shit.

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