Do we really have an abundance of oil and gas reserves?

Do we really have an abundance of oil and gas reserves?

July 20, 2026 · 7 min

About this episode

The episode discusses the realism of New Zealand First's $1 billion investment proposal to survey offshore oil and gas supplies ahead of the elections.

The pre-election promises are coming thick and fast. One of the latest, from New Zealand First would see a $1 billion investment to survey the country's offshore basins for oil and gas supplies. The aim is to shore up domestic fuel supply. It's a pretty large chunk of change and it's not the only big number being thrown around on this issue so we wanted to know how realistic it is. University of Canterbury civil engineering professor David Dempsey chats to Jesse.

People in this episode

Host: Jesse

Guest: David Dempsey

Topics covered

Keywords

Mentioned in this episode

Organizations: New Zealand First, University of Canterbury

Places: New Zealand, offshore basins

More episodes of Afternoons

Explore listener stats, chart rankings, contacts and more on the Afternoons podcast page.