Trillions of dollars worth of oil found in Australian outback

With the direction radical environmentalism is taking the Western world, if not mothballed, any prospective oil is more likely to go to China than to domestic markets that would normally relieve internal economic constraints.

The discovery in central Australia was reported by Linc Energy to the stock exchange and was based on two consultants reports, though it is not yet known how commercially viable it will be to access the oil.