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I was under the impression that it is crude oil that is being...

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Eratosthenes

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22/04/20

15:09

Post #: 44191531
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Originally posted by acorn: ↑

I watched the Taylor announcement. It is for fuel, not crude.

So, a much different storage regime.

The government is talking to the industry on how to manage this. It is not as simple as some on here believe.

Btw. They should have done this years ago. I recall several years ago during a wheat harvest that we ran to down to a few days of diesel and were literally relying on a ship delivery in Victoria.

This has been a problem for years. It is interesting that they are pulling their finger out now.

I smell a rat.

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I was under the impression that it is crude oil that is being stored for the American based strategic reserves. These reserves should be brought to Australia within the next year or two; once we have built the above ground strategic oil storage facilities in Perth, Adelaide and Geelong.
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