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fuel stocks in-country rose at the end of last week as major shipments landed - but downhill now. A couple more tankers departed for here in 2nd half of last week. including them, in next 3 weeks we get 16.5 days of petrol, 18.9 diesel & 17.3 jet fuel - running stocks back down

https://nitter.poast.org/ClintVSmith/status/2049332372555067702#m

Published: April 29, 2026 03:38

fuel stocks in-country rose at the end of last week as major shipments landed - but downhill now. A couple more tankers departed for here in 2nd half of last week. including them, in next 3 weeks we get 16.5 days of petrol, 18.9 diesel & 17.3 jet fuel -…

it's a similar situation to Ukraine. Ukraine wants a guranteed peace, not a temporary ceasefire that just gives Russia the opportunity to regroup and attack again at the time of its choosing, while Ukraine would be forced to demobilise and its position would weaken

https://nitter.poast.org/ClintVSmith/status/2049279371480060075#m

Published: April 29, 2026 00:07

it's a similar situation to Ukraine. Ukraine wants a guranteed peace, not a temporary ceasefire that just gives Russia the opportunity to regroup and attack again at the time of its choosing, while Ukraine would be forced to demobilise and its position…

the issue is, having been attacked while the 2025 ceasefire agreement was still in force, Iran now has no reason to trust another 'peace' without serious guarantees against another surprise attack, & no reason to give up its control of the Strait before it gets them

https://nitter.poast.org/ClintVSmith/status/2049278696142598429#m

Published: April 29, 2026 00:04

the issue is, having been attacked while the 2025 ceasefire agreement was still in force, Iran now has no reason to trust another 'peace' without serious guarantees against another surprise attack, & no reason to give up its control of the Strait before it…

energy crisis is hitting the poor hardest. They spend a larger portion of their incomes on energy while the well-off are also more likely to be insulated from energy shocks through having EV & solar (eg. me). Simple equation for NZ: Solar + batteries + EVs = lower inflation

https://nitter.poast.org/ClintVSmith/status/2049265645506969658#m

Published: April 28, 2026 23:12

energy crisis is hitting the poor hardest. They spend a larger portion of their incomes on energy while the well-off are also more likely to be insulated from energy shocks through having EV & solar (eg. me). Simple equation for NZ: Solar + batteries +…

but the big issue with graphs like this is, by showing the line back at zero, it gives the impression the dip is over. No, it's just stopped getting worse. We are still 44,000 jobs under peak employment in October 2023 and 100,000 below what we needed to match population growth.

https://nitter.poast.org/ClintVSmith/status/2049038603016339560#m

Published: April 28, 2026 08:10

but the big issue with graphs like this is, by showing the line back at zero, it gives the impression the dip is over. No, it's just stopped getting worse. We are still 44,000 jobs under peak employment in October 2023 and 100,000 below what we needed to…

couple problems with this type of graph -doesn't reflect NZ needs job growth just to keep up with working age population growth (average 1.4%pa, 1% in 2025). so, at 0.25%, effective job growth is still negative -if employment falls 1% then rises 1%, you have fewer jobs at the end

https://nitter.poast.org/ClintVSmith/status/2049037453835849783#m

Published: April 28, 2026 08:06

couple problems with this type of graph -doesn't reflect NZ needs job growth just to keep up with working age population growth (average 1.4%pa, 1% in 2025). so, at 0.25%, effective job growth is still negative -if employment falls 1% then rises 1%, you…

ouch

https://nitter.poast.org/ClintVSmith/status/2049031629952438546#m

Published: April 28, 2026 07:43

ouch

NZ companies make less than $2b/yr in direct investments in the whole rest of the world. We invest single millions per year in India. We've promised $2b/yr india for the next 15 years. India takes that pledge seriously. We have no intention of filfulling it. Strange behaviour?

https://nitter.poast.org/ClintVSmith/status/2048869458245239267#m

Published: April 27, 2026 20:58

NZ companies make less than $2b/yr in direct investments in the whole rest of the world. We invest single millions per year in India. We've promised $2b/yr india for the next 15 years. India takes that pledge seriously. We have no intention of filfulling…

NZ started importing LPG 20 yrs ago as nz production fell. Now imports = 40% of demand Now all LPG is going up 30% due to the fuel crisis 2 lessons: -Importing LNG would likewise tie us to intl gas prices -More domestic oil would still mean world prices https://www.thepress.co.nz/nz-news/360990672/middle-east-war-blamed-20-price-spike-gas-bottles

https://nitter.poast.org/ClintVSmith/status/2048620120852042024#m

Published: April 27, 2026 04:27

NZ started importing LPG 20 yrs ago as nz production fell. Now imports = 40% of demand Now all LPG is going up 30% due to the fuel crisis 2 lessons: -Importing LNG would likewise tie us to intl gas prices -More domestic oil would still mean world prices…

the new fuel stock update (for 22 April) shows deliveries are drying up Big shipments were due to arrive late last week, but after them... nearly nothing In the next two and a half weeks, just 4.4 days of petrol, 5.7 days of diesel, and 8.4 days of jet fuel coming crunch time?

https://nitter.poast.org/ClintVSmith/status/2048569490288545900#m

Published: April 27, 2026 01:06

the new fuel stock update (for 22 April) shows deliveries are drying up Big shipments were due to arrive late last week, but after them... nearly nothing In the next two and a half weeks, just 4.4 days of petrol, 5.7 days of diesel, and 8.4 days of jet…

TPU comes out swinging against the punitive abatement rates that apply to people coming off the benefit

https://nitter.poast.org/ClintVSmith/status/2048330588260819267#m

Published: April 26, 2026 09:17

TPU comes out swinging against the punitive abatement rates that apply to people coming off the benefit New Zealand Taxpayers' Union (@TaxpayersUnion) Economic growth requires incentives, yet policy will often punish risk-taking and rewards stagnation…

This nonsense again. The property had been owned by the NZ Government, specificallythe Defence Force. Just because the title said the Sovereign in Right of New Zealand, doesn’t mean Charlie personally had anything to do with it. It's dishonest to imply otherwise

https://nitter.poast.org/ClintVSmith/status/2048278154184462393#m

Published: April 26, 2026 05:49

This nonsense again. The property had been owned by the NZ Government, specificallythe Defence Force. Just because the title said the Sovereign in Right of New Zealand, doesn’t mean Charlie personally had anything to do with it. It's dishonest to imply…

depends what you borrow for. if I hadn't borrowed to buy my house, I would be a perpetual renter, building someone else's wealth, not my own Same with a country. Vogel famously got the NZ govt into debt to build the railway network. Worth it. Borrowing for tax cuts. Not worth it

https://nitter.poast.org/ClintVSmith/status/2047589895531823265#m

Published: April 24, 2026 08:14

depends what you borrow for. if I hadn't borrowed to buy my house, I would be a perpetual renter, building someone else's wealth, not my own Same with a country. Vogel famously got the NZ govt into debt to build the railway network. Worth it. Borrowing…

further minimising Luxon's media profile is probably the right move from Simeon Brown, given he's so unpopular with voters but is also locked in as leader. will he be absent from National's billboards, like Goff in 2011?

https://nitter.poast.org/ClintVSmith/status/2047552278010454131#m

Published: April 24, 2026 05:44

further minimising Luxon's media profile is probably the right move from Simeon Brown, given he's so unpopular with voters but is also locked in as leader. will he be absent from National's billboards, like Goff in 2011?

the LNG terminal is meant to provide fuel for gas-fired electricity generation, not replace other gas uses. It would be incredibly expensive, according to the government's own modelling - up to $500 per megawatt hour. Solar costs $100MWh.

https://nitter.poast.org/ClintVSmith/status/2047509833885299130#m

Published: April 24, 2026 02:55

the LNG terminal is meant to provide fuel for gas-fired electricity generation, not replace other gas uses. It would be incredibly expensive, according to the government's own modelling - up to $500 per megawatt hour. Solar costs $100MWh. David Farrar…

R to @ClintVSmith: with this weekly data, there's no seasonal adjustment - and the number of jobs changes a lot through the course of a year due to seasonal work - so the way to look at it is year on year change. even then, the numbers jump around a bit, so more weeks needed to see pattern.

https://nitter.poast.org/ClintVSmith/status/2047494130771820824#m

Published: April 24, 2026 01:53

with this weekly data, there's no seasonal adjustment - and the number of jobs changes a lot through the course of a year due to seasonal work - so the way to look at it is year on year change. even then, the numbers jump around a bit, so more weeks needed…

Jobs data starting to show signs of fuel crisis impact? Annual job growth is normally +60,000. It has been negative since 2024, but broke into back positives for the first time in February - but now it's back negative: that is, there are fewer jobs now than a year ago.

https://nitter.poast.org/ClintVSmith/status/2047492236615848353#m

Published: April 24, 2026 01:46

Jobs data starting to show signs of fuel crisis impact? Annual job growth is normally +60,000. It has been negative since 2024, but broke into back positives for the first time in February - but now it's back negative: that is, there are fewer jobs now…

this poll only offered Nat/ACT/NZF and Lab/Grn/TPM options. It doesn't show the support for, say, a Lab/Grn or Lab/NZF govt. All it shows is that, of those two options offered, people want the bloc that includes the party they support to be in power.

https://nitter.poast.org/ClintVSmith/status/2047159133523374124#m

Published: April 23, 2026 03:42

this poll only offered Nat/ACT/NZF and Lab/Grn/TPM options. It doesn't show the support for, say, a Lab/Grn or Lab/NZF govt. All it shows is that, of those two options offered, people want the bloc that includes the party they support to be in power. …

You have to admit, it takes some balls to: -borrow $20b for tax cuts -waste $600m canning ferries -increase the deficit to $17b -make up a new measure so it's *only* $14b -get NZ's credit downgraded ..then turn around and say 'see! this is why you guys shouldn't be in charge!'

https://nitter.poast.org/ClintVSmith/status/2047102734466445605#m

Published: April 22, 2026 23:58

You have to admit, it takes some balls to: -borrow $20b for tax cuts -waste $600m canning ferries -increase the deficit to $17b -make up a new measure so it's *only* $14b -get NZ's credit downgraded ..then turn around and say 'see! this is why you guys…

It's a mystery why this guy's only on 16%

https://nitter.poast.org/ClintVSmith/status/2047043128813875314#m

Published: April 22, 2026 20:01

It's a mystery why this guy's only on 16%

it's locked in: A vote for Winston is a vote for Luxon A vote for Luxon is a vote for Winston

https://nitter.poast.org/ClintVSmith/status/2047030051376636135#m

Published: April 22, 2026 19:09

it's locked in: A vote for Winston is a vote for Luxon A vote for Luxon is a vote for Winston David Farrar (@dpfdpf) Good to see Labout, not just Hipkins, ruled out. — https://nitter.poast.org/dpfdpf/status/2046996538195624141#m