"Every ship that we have expected to arrive has arrived whether it is diesel, petrol or jet fuel. All the companies say to me that they fully expect deliveries into March and well into April, but we are in internationally uncertain times."
"People going to Bunnings and buying out all the jerry cans that is unhelpful. That is un-Australian. Bowen would not speculate about the possibility of fuel rationing, saying only that the government was working non-stop to deal with any supply issues."
Energy Minister Chris Bowen confirmed that Australia's fuel supply has not been disrupted by the Middle East conflict and closure of the Strait of Hormuz, despite global oil prices rising 40% in two weeks. All expected fuel shipments have arrived on schedule, with importers confirming deliveries through March and into April. However, petrol prices have surged past $2.30 per litre due to global market conditions. Bowen criticized panic buying and jerry can purchases as unhelpful and un-Australian, attributing supply issues partly to consumer behavior rather than actual shortages. The government expressed concern about potential price gouging by retailers and convened an emergency meeting with fuel suppliers through the ACCC to address the situation.
Read at www.theguardian.com
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