Jason Cotterell

Excited and humbled for @Nizo to be honoured in New York as #BestOf2019 Trends of the Year on the @AppStore It’s been an amazing journey creating Nizo with the talented @andreyazev and @vickitourtouras. Thank you @Apple and the passionate Nizo artists for making it possible. ❤️

@NzFubar @cjsbishop The roading workmanship is a national disgrace. Whether it’s wet cement, or loose gravel – contractors use peoples cars to “sweep” the loose gravel. Unsafe and trashes your vehicle. The ‘wash your car’ when home sign, due to cement splashes is unreal.

Looks like a very serious accident or maybe a fatality on SH14.. This ridiculous way they’re doing patch repairs on road now. Asphalt down and then loose gravel on corners is an absolute death trap and the practice should be stopped @cjsbishop especially rural roads.

@kellyenz Iran had these very terms early on. They have hold strong in their convections. Now it’s whether the US can honour true negotiations. And whether Israel ceases its attack on Lebanon.

Here are the list of demands the Iranians have. Should be a crunchy couple of weeks of negotiations.

@urbanaut2 @TheRedbaiter Crazy how it’s regarded as a failure. Everything costs to build. These projects like hydro dams created energy for future generations. The selling off assets has been the failure. If we had cheap energy, NZ would be thriving. And people could live better lives, with warm houses.

@TheRedbaiter Following the 1970s oil shocks… Think Big was initiated:- a synthetic gasoline fuel plant in taranaki and refinery expansion at marsden point. Subsequently both were undone. It’s curious to me that Think Big has always been seen as a failure by some segments of nz population.

This applies to NZ as well. The Iran war is not the main issue. We should have (over the last five decades) developed our own reliable sources of diesel & petrol. Or at the very least built sufficient storage facilities.

@kellyenz Completely agree Kelly. And the recent CEO Marsden Point interview revealed as much. Would have been relatively cost effective on its closure to retrofit more of the crude tanks (as they have done for around 30m each). Should have increased redundancy years prior of course.

Substitute NZ for Australia here (and delete references to the navy). NZs fuel security is dereliction of duty from governments and industry over 15 years. After this passes something needs to be done.

@maddireidy @AmpolAustralia @bp_plc @exxonmobil The business viability of the refinery aside. NZ being remote, it would have been prudent for the gov to pay for ownership, and retrofit some of those tanks. Seems relatively cost effective to have greater redundancy. Even if for greater diesel storage for logistics.

Marsden Point is an enormous on-shore oil warehouse, storing 300 million litres of imported petrol, diesel and jet fuel for @AmpolAustralia , @bp_plc & @exxonmobil It could hold 350 million more if the company that owns it keeps converting old crude oil tanks that haven't been used since its refinery shutdown in 2022. EPISODE #216: Channel Infrastructure's CEO Rob Buchanan takes us inside the country's largest fuel storage terminal and its continued expansion as the Iran conflict raises questions about supply. TIMESTAMPS: 00:00 - Intro 02:25 - Converting crude oil tanks 03:51 - Total fuel stockholdings 06:58 - Climbing a 30 million litre jet fuel tank 08:00 - Marsden Point's existing & unused storage capacity 09:48 - Current customer demand 10:48 - Fuel security: "I think about this site as the nation's shock absorber" 12:29 - Refinery v Storage 12:51 - Does New Zealand need a strategic oil reserve? 13:33 - Other upgrades on site 14:32 - Why Marsden Point was chosen in the 1960s 15:44 - Import arrival schedule 17:56 - International refinery output & exports 20:45 - Rehashing the refinery closure & potential cost of recommissioning it 22:09 - Repurposing the refinery into a biofuel plant 22:43 - Bitumen terminal build 24:11 - Channel Infrastructure's Australian expansion

@BaronBurleigh2 Terrible. Known well before 2 years ago. I remember watching, from memory 4 Corners at least 8 years ago. About the huge strategic weakness of Australian military in war — having less than a month fuel reserve.

Spoke to a director of Deutsche Bank today re fuel. They think whats happening with fuel in Australia and has happened is “criminal” we are least prepared country in the world and are an island. They have been warning Australia gvt for over two years about our lack of fuel security and we are highly vulnerable. Thanks @AlboMP

@kellyenz @PowderPuffPlay As predicted, like watching a slow moving train. No action, then gov panics - then tells the population to not panic.

From the MBIE fuel update - current demand will be a lot higher than assumed. The MoF and PM indicate we will be seeing more frequent updates now. The PM notes refiners have sufficient supply for now but may not in the future. This is what I've been suggesting for a while.

@MHReddell @kiwigirl888 Yes!

Lots of commentary around about the extent to which the US had or hasn’t planned for the closure of the Straits of Hormuz, but nearer to home it might be interesting to OIA govt agencies on how much contingency planning was done over the decades for an eventuality of this sort.

@MHReddell @petercarrell The idea of escorting ships was bluster by Trump. Hence why it hasn’t happened. Many military experts have said it would be like shooting Turkeys in a barrel. If Iran sunk one of the US ships, would be terrible for morale and their brand.

@petercarrell Wouldn’t be counting on those escorts (or even the number of ships they could escort) for a while yet. But yes at this point it is still contingency planning. But we aren’t well positioned if supply here is actually disrupted (possibly the most vulnerable OECD country)

The apparent complacency is quite alarming. Even if the lines about govt spending and inflation were right, they do nothing to provide any basis for confidence that fuel products will still be readily available here in a few weeks time if this conflict lasts any longer.

@kellyenz Thank you for the commentary. Been very insightful. Check these words of wisdom: “This means the reliability of that 25-day supply depends on international shipping lanes, global refining capacity and geopolitical stability,” afr.com/companies/tran…

@imagemechanics From our weekly on Monday

Worth a listen to see what’s coming down the pipe in terms of demand management options. They will be here soon.

@KellieTranter Glad we have these intelligent people in charge. These people burry are experts at buring their heads in the sand. “This means the reliability of that 25-day supply depends on international shipping lanes, global refining capacity and geopolitical stability”.

“[This] means the reliability of that 25-day supply depends on international shipping lanes, global refining capacity and geopolitical stability,” Charlton said. “And when you look at the world today – with conflict in the Middle East and growing tension across global energy markets – you start to see why fuel security matters just as much as emissions.” Airports across Australia are supposed to hold a minimum of 27 days’ worth of jet fuel supplies. However, industry sources who sought anonymity because they were not permitted to speak publicly, said there was significant uncertainty over how much fuel would be shipped to Australia in April, as refiners prioritised their own domestic fuel needs over exports. Although imports of jet fuel are mostly assured for this month, all bets are off as to how much jet fuel will arrive in April and beyond, they indicated.’ #auspol #illegalwar #dangerousallies #predictableconsequences afr.com/companies/tran…

@kellyenz Yup. What percentage of NZ fuel is from Singapore? Does the gov publish the sources of our fuel, or commercial information between the various suppliers. Do the brands just purchase from the wholesaler once it’s pumped onshore?

@imagemechanics You can’t sell products you can’t refine.

@kellyenz businesstimes.com.sg/companies-mark…

@imagemechanics I think they didn’t think about it until last weekend.

@kellyenz Jones mentioned a meeting last night. Often I try to kid myself they are working on plans behind the scenes. But more likely, they employ the art of wishful thinking. Compare Japan, actively looking into on situation early (with 240 days supply).

@arbtrador @EdConwaySky Thank you for the insights. There is speculation on X (unconfirmed) that Lloyd’s has cancelled all insurance, and a contributing reason why tankers are not navigating.

@imagemechanics @EdConwaySky Once the war risk is real, insurers cancel their coverage. It’s usually apart of their covenants, they can refuse coverage with little to no warning. But they are probably repricing at extreme war premiums.

🎥 The rich world just made the biggest intervention in oil markets in modern history. So why did crude prices barely budge? Here's my 10m primer on the plumbing of the global economy and the surprisingly simple mathematics underlying the energy shock of 2026👇

I spent a day inside the Transamerica Pyramid with Jony Ive, Marc Newson, and the interior of Ferrari's first electric car: The Luce. It isn't just a new Ferrari. It's Ive's argument that the entire car industry copied the wrong part of the iPhone.

@VictorFromDE Hi Vector, by chance do you have a link to the complete speech in the first tweet? Thank you

When people hear Agenda 21, Agenda 2030, New World Order, etc., too many don’t take it seriously. Listen to this speech that is at least 9 years old on Agenda 21. He states how they want to reduce the population and then move the remaining U.S. citizens into 11 regions or mega cities (“Freedom Cities” perhaps). They don’t want farmers. They want to reclaim that land. Once you fully understand the plan, it is like having 20/20 vision. You will understand why I think the tariffs are designed to move the plan forward. Same with the announcement to buy beef from Argentina. Cause farms to fail and corporations (or Bill Gates) can buy the land.