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BIZARRE: 6 | Mind Blowing Facts

Did Anthony Albanese just cement a third interest rate hike in May by cutting the fuel excise?

Injecting $1.5bn via petrol subsidies into an inflated economy may change things for the Reserve Bank board at its next meeting

The Guardian - AU

Some NSW Petrol Stations Are Imposing Caps on Fuel Purchases as Demand Surges

Some petrol stations in New South Wales have imposed caps on fuel purchases amid the ongoing fuel crisis that has affected supply.

International Business Times

Drivers urged to nab 'undersold fuel' as costs spike

Data on fuel has revealed which capital cities are offering the cheapest and most expensive prices as motorists are urged to use an "undersold" option.

AAP

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What Can The Government Do To Help Our Fuel Supply & Why Aren’t They Doing It?

As an occasional car user (thank you to my very generous housemate), nothing prepared me for the moment I filled up their tank this week and realised a full tank was about a third of my weekly rent. That shock to the system, plus stories about people stockpiling, events quietly…

Pedestrian.tv

Australia lowers diesel standards in bid to increase supply as number of service stations running empty surges

Chris Bowen says move aimed at accessing fuel imports from markets with lower burning temperatures, including the US, Canada and Europe

The Guardian - AU

Diesel standards eased as fuel shortages deepen

Measures to help more diesel flow into the domestic market have been announced as hundreds of service stations across Australia run dry.

AAP

AI will tell you Australia’s fuel reserve is in the US. But is that even true?

Australia does not have a government-backed stockpile, experts say, and even if we did still store oil in the US, it would not be much

The Guardian - AU

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Almost half of Australians think foreign military will attack within five years, ANU study suggests

University polling and focus groups found sharpest increase in those worried about national security was cohort aged 18 to 24

The Guardian - AU

As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull

Leveraging Australian gas exports to ensure we get oil in return is among the offbeat ideas we could be hearing more about

The Guardian - AU

Six fuel ships bound for Australia cancelled as Bowen concedes ‘flow of oil to Asian refineries has slowed’

Energy minister says war on Iran creating ‘uncertain environment’ but insists government doing ‘all the preparatory work’

The Guardian - AU

'Bumps' but no fuel shock yet as tankers cancelled

The war in the Middle East has forced six fuel shipments to Australia to be cancelled, but a minister insists any shortages are demand not supply driven.

AAP

Australia last rationed fuel in the 1970s. Could we do it again?

As oil prices skyrocket, analysts believe the disruption to the global supply will last months, not weeks. So what other options are there?

The Guardian - AU

‘Really significant’: analysts warn top fuel suppliers could cut exports to Australia

Energy minister says he is not aware of any cuts to imports from Malaysia, but expert says warnings are ‘really significant’

The Guardian - AU

Labor considers windfall gas tax amid Iran price spike

A new tax on extraordinary gas profits caused by the Middle East conflict could raise an extra $27 billion per year for the federal budget, advocates say.

AAP

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The Guardian - AU

Chris Bowen declares rush on jerry cans ‘un-Australian’ as he urges end to panic buying of petrol

Energy minister says country’s fuel supply has yet to be affected by war after meeting with suppliers and retailers

The Guardian - AU

Central bank increases cash rate amid global energy shock – as it happened

This blog is now closed

AAP

Fuel tax cut urged to avoid fruit 'rotting on trees'

As some country towns face major petrol shortages, pressure is mounting on the federal government to intervene to bring down fuel prices.

AAP

Fuel stockpile topped up as minister says supply secure

Australia has stockpiled more than a month's supply of fuel and is as "prepared as possible" as the war in the Middle East continues to impact global supply,

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The Guardian - AU

Australia to release nearly 20% of fuel stockpile as Bowen insists country ‘nowhere near’ running out

Energy minister cuts fuel companies’ minimum stock obligations to free up diesel and petrol, which will be directed to regional Australia

The Guardian - AU

Afternoon Update: Labor fuel quality downgrade to pump supply into regions; Atlassian’s AI-driven layoffs; and finding your personal style

Chris Bowen has announced Labor will temporarily relax fuel standard rules for 60 days to put an extra 100m litres a month into the system.

The Guardian - AU

If there was ever a moment for Australia’s shift to renewables and EVs, this is it

Yes, Australia needs fuel. But the Middle East war also shows the necessity of setting ourselves up for the future

The Guardian - AU

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say

Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears

The Conversation

5 members of Iranian women’s soccer team defect, Australia deploys RAAF plane and missiles to Gulf

The Albanese government has given humanitarian visas to five members of the Iranian women’s soccer team, including its captain, to enable them to remain in Australia, and is offering protection to any more of the women who want to defect.

AAP

Double whammy: food prices warning over war fuel shock

Panic buying has forced some regional service stations to impose fuel restrictions as farmers warn shoppers to brace for grocery price hikes.

AAP

No ill winds blowing for renewables spending in budget

No cuts to the federal renewable energy program can be expected in the budget, assures the climate minister in response to a rumoured savings blitz.

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