Experts are warning that Australia’s pursuit of efficiency coupled with a “she’ll be right” attitude has put the country’s fuel supply in danger. Many are also concerned that the federal government’s recent efforts to address the problem are not enough to eliminate any vulnerabilities. The comments come as the Australian Parliament looks set to pass the…
Australia Pledges $2.3 Billion to Keep Oil Refining Local Amid Geopolitical Turbulence
Australia’s two remaining oil refineries will receive $2.3 billion in taxpayer funds to stay open and put downward pressure on fuel costs in the country. It also comes as Australia attempts to shore up its fuel security following the closure of two oil refining facilities and increasing geopolitical instability in the region. The funds will…
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