The country also has 22 days worth of diesel, 23 days worth of jet fuel and 24 days worth of crude oil in storage, according to the The Department of Environment and Energy’sThe figures represent the number of days Australia’s stocks would last under “normal use”, but don’t take into account “fuel that is already in or on the way to fuel stations or products in tanker ships on their way to Australia”, the report says.If these were included, our consumption days would be higher,” the report adds.
"Australia's fuel reserves are all about 'just-in-time' logistics delivery. It makes economic sense, but it's not very resilient,” he said.SAUDI ARABIA BLAMES IRAN FOR DRONE ATTACKSknocked out half of the country’s oil production — about 5 per cent of global output.which it purported was “material evidence” Iran was behind the attack.“The evidence ...
“I make a very serious statement about defending our country. I am making a very serious statement that we don’t want to engage in a military confrontation,” he said, adding that a military response based on “deception” about the weekend attacks would cause “a lot of casualties.”Saudi Arabia claims the strikes on its oil infrastructure came from the "north" and were sponsored by Iran.
“By our definition, we're up around the 90-day mark. That is an appropriate level of stocks because that's what's obliged by the International Energy Agency ,” Mr Taylor said.
Give us all new Tesla cars
...... for everyone except for the gov and rich to use
Australian government should have it's own petroleum company.
Iran wont have time to blink.
Yet AngusTaylorMP says we've got close to 90 days supply? He forgets to factor in that even though that may have been the case, everyone I know is keeping their tanks full despite the high price & petrol stations seem quite busy. Some of us remember petrol rationing in the 80's
Kinda on par with the usefulness of our government i think.
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