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07/05/18
10:38
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Originally posted by bruceyg
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59 days reserve of lpg
struth if something really bad happens in the me we are rooted
the greens will love riding around on their pushbikes with those dinky little bike helmets living in a hole
but something is wrong with this picture - we (australia) has one of the worlds largest in ground provable reserves yet we can only mange 59 days?
how stupid are we????????????
The latest government figures show Australia has just days of emergency stocks of fuel in reserve amid widespread turmoil in the region and the Middle East.
Energy Minister Josh Frydenberg is expected to announce a review of fuel reserves on Monday with Fairfax Media reporting the country has only a 22-day supply of crude oil, 59 days of LPG, 20 days of petrol, 19 days of aviation fuel and 21 days of diesel.
The International Energy Agency expects countries to keep a 90-day supply but Australia has just under 50 days.
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Was watching a story last night re oil drilling in the Great Australian Bight. Seems BP bailed out so Norwegian Govt STATOIL took over the leases & are looking to drill . Makes ya wonder if an Australian company might be better suited ... funny world