Man, watching that made me think...in 10 years time LNC could be one of the leading suppliers of fuel in Australia and we'll be laughing all the way to the bank.
When Bass Strait oil production falls to unsustainable levels, the only thing it'll be around for is gas. The refineries in Melbourne, Sydney and Brisbane will most likely need to import crude from Singapore, and if that becomes uneconomic, they'll shut down (Port Stanvac anybody?). Where will our petrol come form?
Add to My Watchlist
What is My Watchlist?