Australia has less than one month’s worth of Jet Fuel, Petrol and Diesel in Storage, and is the only Country Failing to Meet its International Treaty Obligations to have Enough Oil in Case of a Global Emergency
By AussieCossack
Australia has less than one month’s worth of jet fuel, petrol and diesel in storage, and is the only country failing to meet its international treaty obligations to have enough oil in case of a global emergency.
The lack of fuel supplies has sparked warnings that Australia may quickly find it is unable to stock supermarket and pharmacy shelves or operate freight between states in the event of a severe global supply chain disruption.
Based on normal consumption rates, DCCEEW estimated Australia had just 20 days of jet fuel, 24 days of diesel, and 28 days of petrol supplies. The data only includes stock on land and in domestic coastal waters.
Rex Patrick, a former independent senator and navy submariner, said Australians should be very concerned about the country’s lack of fuel supplies.
“The country could be shut down without any shot being fired on Australian soil.
“We’ll happily spend $368 billion on a AUKUS submarines that it’s questionable whether that will arrive, let alone anytime soon. And no one’s looking at the fuel security issue,” Patrick said.
Australia’s largest suppliers of refined oil are Singapore and India both of which refine Russian crude oil.
