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ENERGY: Fuel import bill could negate mining boom benefits

Patrick J. ByrneJun 26, 20105 min read

Australia’s oil import dependence has the potential of “negating any of the economic benefits the nation might gain from its minerals boom”.This warning from NRMA Motoring and Services earlier this year was confirmed at a recent conference of the Australian Petroleum Production and Exploration Association by federal Minister for Energy and Resources, Martin Ferguson.Addressing the conference, Ferguson said that Australia presently has a…

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