Free Republic

It is too early to foretell the future production from the Arckaringa Basin. There are numerous steps before oil production can start. For example, a 300-kilometre pipeline to Port Bonython, or a spur to link the Arckaringa Basin to the existing Moomba-Port Bonython pipeline, will need to be built before any oil could reach the market. Crude oil storage and export capacity at Port Bonython will also have to be increased significantly to accommodate extra crude.There is likely to be bipartisan support for shale oil production in South Australia. However the potential for carbon-intensive shale production in South Australia is...

The German chancellor Friedrich Merz has desperately backflipped on his criticism of US President Donald Trump after he threatened to remove thousands of US troops from Germany. German chancellor desperately backtracks on Trump criticism after savage threat to remove troops | 4:55 | 6.18M subscribers | 368,472 views | May 4, 2026

The United Arab Emirates said Monday that Iran launched missile and drone attacks against the country, putting at risk the already shaky ceasefire between the United States and Tehran. The White House did not immediately respond when asked whether the reported attacks, which led the UAE to activate its missile alert system for the first time since the ceasefire began on April 8, would violate that truce. Stock market indices fell, and oil prices rose on news of the attack, raising investors’ fears that the war’s impact on the global economy could be exacerbated or prolonged. “The UAE’s air defenses...