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08/01/20
21:16
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Originally posted by ozexplorer
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The fuel suppliers to this country buy diesel and petrol from Singapore and anywhere else they can get it when someone is in surplus an cheaper than Tapis oil ( Singapore prices ).
If the fuel suppliers get a good supply of diesel or petrol from someone else they still charge the Australian public at Tapis prices as that is the dearest priced fuel in the world..... ( a good lurk if you are in that kin of business )
One reason a UK company an a Canadian company are vying to try an buy the Fleet of CALTEX FUEL stations around the nation.
Plus they see a Big an Good future in Oil and fossil fuels for the foreseeable future. ( Plus easy conversion to electric power suppliers in the future for Electric vehicles )
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........and all oil from the Canning Basin (Kimberley, Western Australia) is being shipped to Singapore. This oil is high Tapis
quality. After "upgrading" being shipped back to Australia (or other places) at higher prices including shipping costs.
Is that funny?