Hon Tom Stephens asks about petroleum royalty forecasts and underlying assumptions for 2000-01 to 2003-04. Hon Peter Foss, representing the Treasurer, requests the question be placed on notice, indicating he doesn't have the answer readily available.

AnsweredQoN 65Legislative Council
Asked
15 August 2000
Portfolio
Attorney General representing the Treasurer

QuestionView source ↗

I refer to forecasts of petroleum royalties for the years 2000-01 to 2003-04 and the assumptions underlying these forecasts and ask - (1) At the time of the budget, what was the expected level of production, assumed oil price, in $US per barrel, and royalty revenue for the years 2000-01, 2001-02 and 2003-04? (2) What is the current expected level of production, assumed oil price, in $US per barrel, and royalty revenue for the years 2000-01, 2001-02, 2002-03 and 2003-04? Hon PETER FOSS

AnswerView source ↗

I have a number of answers to questions, some going back to notice that was given on 8 August, but it seems that people never ask me the questions to which I have the answers. Unfortunately this is one of those. I ask that the question be placed on notice.
(1) At the time of the budget, what was the expected level of production, assumed oil price, in $US per barrel, and royalty revenue for the years 2000-01, 2001-02 and 2003-04? (2) What is the current expected level of production, assumed oil price, in $US per barrel, and royalty revenue for the years 2000-01, 2001-02, 2002-03 and 2003-04? Hon PETER FOSS replied: I have a number of answers to questions, some going back to notice that was given on 8 August, but it seems that people never ask me the questions to which I have the answers. Unfortunately this is one of those. I ask that the question be placed on notice.
(2) What is the current expected level of production, assumed oil price, in $US per barrel, and royalty revenue for the years 2000-01, 2001-02, 2002-03 and 2003-04? Hon PETER FOSS replied: I have a number of answers to questions, some going back to notice that was given on 8 August, but it seems that people never ask me the questions to which I have the answers. Unfortunately this is one of those. I ask that the question be placed on notice.
Hon PETER FOSS replied: I have a number of answers to questions, some going back to notice that was given on 8 August, but it seems that people never ask me the questions to which I have the answers. Unfortunately this is one of those. I ask that the question be placed on notice.
I have a number of answers to questions, some going back to notice that was given on 8 August, but it seems that people never ask me the questions to which I have the answers. Unfortunately this is one of those. I ask that the question be placed on notice.

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