Oh cry me a river! There is little uncertainty about anything anymore. OPEC will generate sufficient output to keep the fracking plays from re-engaging in the mid-fifties, so the price will oscillate around the low fifties for the foreseeable future. And the carbon tax is a sure thing. Like it or not, it's here and we had better get used to it. There's not even that much uncertainty about coping. For most families that don't get a total or excess rebate, the effects will be little more than a dinner out a year, or a couple of tank-fulls of diesel in their rig-rockets. Nothing the better part of a day's pay won't remedy in a hurry.

I like our new government's approach, and the fact that they are not about to start panicking as soon as a few players start shuffling off to the exits. They can go and sulk, but they'll be back soon enough.