top of page
Currently about 15% of petrol is supplied directly by Australian oil.
The remainder is imported.
71 Days of Oil Stockholdings. Equivalent to 21 days of liquid fuel consumption.
It would be easy to crash our economy, then walk in.
All an agressor need do is control the sea around Singapore then wait a couple of weeks.
Vietnam's claimed area
China's claimed
area (Yellow)
Philippines's claimed area
Anchor 6
The point is not that this will esculate, but that it might or multiple other senarios.
Australia should wean itself off Crude oil.
-
Due to Peak Oil we will change over to Electric vehicles.
-
Due to Climate Change we will change over to Electric vehicles.
-
Importing Crude costs at least $35 billion.
-
Its about to cost us about $40 billion per annum.
-
Why not accelerate the change over?
bottom of page