Sorry mods, but there's something bigger than football thats about to hit, and it will be worse than the Covid crisis according to experts.
* These prices are now in NZ
* AU prices are rising daily nudging 3.00 for diesel ⛽️ and 280 super unleaded.
* The government approved the release 20% of its reserve about 762 million litres of petrol and diesel from domestic emergency stockpiles. That’s equivalent to roughly 5 million barrels of fuel. Thats only 9 days of fuel.
*Australia currently has fuel stocks roughly equivalent to about 30–36 days of petrol.
Food & groceries: Trucks transporting food and other essentials would halt, causing shortages in supermarkets and stores within days.
Prices: Expect sharp price spikes for remaining fuel and essential goods.
Emergency services: Ambulances, police, fire trucks could be limited if emergency fuel stocks aren’t available.Governments will advise
Goverments will tell us not to panic, prepare: Make sure you have enough essentials — water, non-perishable food, medications, and a bit of extra fuel if you drive long distances.
Avoid hoarding: Buy what you realistically need for 1–2 weeks; overbuying just worsens the situation for everyone.
- This is all coming about because Iran has a stranglehold on the shipping lanes in which the US. Trump is asking other countries for assistance.
- Its going to be like covid all over again. Without fuel the country stops
Replies
What a sound idea shutting Australia's oil refineries down was. Not to mention the urea plants. We'll be right just import everything.
We are in the same boat here our government over the last 2-3 decades has pretty much sold off alot of key infrastructure to private business and all of that profit heads off overseas.We had a big refinery here in NZ Marsden point they closed that down the morons and now just pass the buck/pain on to the consumer alwhile stating the obvious overseas dramas but won't give you a tax break at the pump for the given time.
As our fuel price is made up of pretty much 44% of its total is taxed.
I'm a 5-6 mile a day Walker with the dog regardless so that doesn't change.
Try stopping everyone from stockpiling fuel, groceries etc. Everyone will look after themselves, the government won't help you.
The Government have stockpiles of food don't worry. When did they ever give to f** about the average person?
Unleaded has always fluctuated a lot in price where I live, anywhere from 159c/l to 217c/l. At the moment unleaded is 237c/l so nothing crazy. Diesel on the other hand which was always fairly stable in price has gone through the roof, jumped more than a dollar per litre. In these uncertain times (I also mean with AI and the impact it will have on unemployment) it can't be understated how important it is to hold a significant amount of cash on hand to see you through.