{"id":34145,"date":"2018-05-10T07:33:35","date_gmt":"2018-05-10T12:33:35","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34145"},"modified":"2018-05-10T07:33:35","modified_gmt":"2018-05-10T12:33:35","slug":"update-on-australian-oil-import-vulnerability-may-2018","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34145","title":{"rendered":"Update on Australian oil import vulnerability May 2018"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/crudeoilpeak.info\/update-on-australian-oil-import-vulnerability-may-2018\" rel=\"bookmark\">Update on Australian oil import vulnerability May 2018<\/a><\/h3>\n<div class=\"entry-content clearfix\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9466\" src=\"http:\/\/crudeoilpeak.info\/wp-content\/uploads\/Iran_crude_oil_loadings_Jan2016-Mar2018.jpg\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" srcset=\"http:\/\/crudeoilpeak.info\/wp-content\/uploads\/Iran_crude_oil_loadings_Jan2016-Mar2018.jpg 684w, http:\/\/crudeoilpeak.info\/wp-content\/uploads\/Iran_crude_oil_loadings_Jan2016-Mar2018-300x227.jpg 300w\" alt=\"Iran_crude_oil_loadings_Jan2016-Mar2018\" width=\"600\" height=\"454\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9468\" src=\"http:\/\/crudeoilpeak.info\/wp-content\/uploads\/iran-oil-export-destinations-data.png\" sizes=\"auto, (max-width: 440px) 100vw, 440px\" srcset=\"http:\/\/crudeoilpeak.info\/wp-content\/uploads\/iran-oil-export-destinations-data.png 440w, http:\/\/crudeoilpeak.info\/wp-content\/uploads\/iran-oil-export-destinations-data-300x291.png 300w, http:\/\/crudeoilpeak.info\/wp-content\/uploads\/iran-oil-export-destinations-data-36x36.png 36w\" alt=\"iran-oil-export-destinations-data\" width=\"440\" height=\"427\" \/><\/p>\n<p>How well is Australia prepared? The Turnbull government has just started yet another fuel security review. Similar efforts in previous Energy Security Assessments and Senate Inquiries resulted in little action (see earlier articles on this website below). In fact, the government\u2019s latest Budget 2018 contains numerous projects in oil dependent infrastructure which lowers fuel security.<\/p>\n<p>Roads get $4.5bn in Australia budget but rail spending forced to wait<br \/>\n8\/5\/2018<br \/>\n<a href=\"https:\/\/www.theguardian.com\/australia-news\/2018\/may\/08\/australia-federal-budget-2018-road-rail-spending-infrastructure-highways\">https:\/\/www.theguardian.com\/australia-news\/2018\/may\/08\/australia-federal-budget-2018-road-rail-spending-infrastructure-highways<\/a><\/p>\n<p>Minister for the Environment and Energy<\/p>\n<p>Fuel Security Review<\/p>\n<p>7 May 2018<\/p>\n<p><em>The Turnbull Government will assess Australia\u2019s liquid fuel security to help deliver affordable and reliable energy.<\/em><\/p>\n<p><em>Liquid fuel, such as petrol, diesel and jet fuel, accounts for 37 per cent of Australia\u2019s energy use, including 98 per cent of transport needs.<\/em><\/p>\n<p><em>Over the past two years, we have been focused on securing reliable and affordable electricity and gas. It is time now to consider Australia\u2019s liquid fuel security.<\/em><\/p>\n<p><em>The assessment is the prudent and proper thing to do to make sure we aren\u2019t complacent. It should not be construed as Australia having a fuel security problem.<\/em><\/p>\n<p><em>The comprehensive assessment will look at how fuel is supplied and used in Australia, including our resilience to withstand disruptions both overseas and in Australia.<\/em><\/p>\n<p><em>We have not experienced a significant disruption to fuels supplies since the OPEC oil crises in the 1970s, but there is no room to be complacent.<\/em><\/p>\n<p><em>Australia\u2019s liquid fuel supply increasingly depends on overseas sources and relies on market forces to maintain reliability and affordability. The assessment will identify whether the Government should take further steps to ensure Australia\u2019s domestic fuel supply is reliable.<\/em><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Update on Australian oil import vulnerability May 2018 How well is Australia prepared? The Turnbull government has just started yet another fuel security review. Similar efforts in previous Energy Security Assessments and Senate Inquiries resulted in little action (see earlier articles on this website below). In fact, the government\u2019s latest Budget 2018 contains numerous projects [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[41,6292,1650],"class_list":["post-34145","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-australia","tag-crude-oil-peak","tag-oil-imports"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34145"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34145\/revisions"}],"predecessor-version":[{"id":34146,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34145\/revisions\/34146"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}