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→Economy
====Energy====
====Energy====
[[File:Energy 500kv-power-lines Australia.jpg|right|400px]]
Australia is rich in natural resources with significant petroleum, natural gas and coal reserves. Australia’s energy consumption is dominated by coal, which fuels most of the country’s power generation. Petroleum accounts for a large share of energy consumption, but due to declining output, Australia is facing a growing dependence on petroleum imports. Over the past two decades, Australia has steadily consumed increasing amounts of natural gas, which is likely to continue over the medium term.<ref> See Energy Information Administration, "Australia" (2009) [http://www.eia.doe.gov/emeu/cabs/Australia/Background.html online]</ref>
Australia is rich in natural resources with significant petroleum, natural gas and coal reserves. Australia’s energy consumption is dominated by coal, which fuels most of the country’s power generation. Petroleum accounts for a large share of energy consumption, but due to declining output, Australia is facing a growing dependence on petroleum imports. Over the past two decades, Australia has steadily consumed increasing amounts of natural gas, which is likely to continue over the medium term.<ref> See Energy Information Administration, "Australia" (2009) [http://www.eia.doe.gov/emeu/cabs/Australia/Background.html online]</ref>