Labor to underwrite Australian fuel imports under new security powers to ensure supply

Albanese announces forthcoming legislation to guarantee private sector purchases of fuel and fertiliser

The Guardian
Albanese government says fuel supply ‘same, if not higher’ in coming weeks as Coalition calls for halving of excise https://www.theguardian.com/australia-news/2026/mar/27/australia-fuel-supply-petrol-diesel-prices #AustralianPolitics #PetrolPrices #AustraliaNews #AnthonyAlbanese #ChrisBowen #AngusTaylor
Albanese government says fuel supply ‘same, if not higher’ in coming weeks as Coalition calls for halving of excise

Latest figures from ACCC show diesel and unleaded petrol across the five largest cities up 10% and 8% respectively

The Guardian
Australia prepares for oil prices above US$120 a barrel as diesel passes $3 a litre nationwide

Stocks at same level as when US and Israel launched their war on Iran a month ago, energy minister says

The Guardian
Hundreds of petrol stations across Australia run out of fuel as Albanese inks supply deal with Singapore https://www.theguardian.com/australia-news/2026/mar/23/petrol-stations-australia-fuel-crisis #PetrolPrices #AustraliaNews #AnthonyAlbanese #ChrisBowen #UsisraelWarOnIran
Hundreds of petrol stations across Australia run out of fuel as Labor inks supply deal with Singapore

Energy minister, Chris Bowen, says ‘we’re a long way’ from further action like fuel rationing despite shortages

The Guardian
Albanese urges increased ‘self-reliance and economic resilience’ ahead of snap national cabinet meeting over fuel crisis

Prime minister says US–Israeli war on Iran has shifted the international reality, likening current economic shock to Covid pandemic and Ukraine invasion

The Guardian
Chris Bowen declares rush on jerry cans ‘un-Australian’ as he urges end to panic buying of petrol https://www.theguardian.com/australia-news/2026/mar/17/australia-petrol-panic-buying-jerry-cans #AustraliaNews #AustralianEconomy #Transport #Business #ChrisBowen
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, following meeting with suppliers and retailers

The Guardian

The federal #energyminister, #ChrisBowen, has just #announced a temporary #downgrade in #Australia’s #fuelquality #standards, a move designed to put an extra 100m litres per month enter the system.

Bowen has told parliament that in order to assist with getting more supply into the system and to try and put downward pressure on prices, the government will allow a 60-day change to #allow #highersulfurlevels in #fuel.

The petrol supply will be prioritised for regional areas. It would otherwise have been exported to countries overseas.

*****

#Sulphur is not about wear and tear - it’s about #pollution, and that means #airquality.

Sulphur is a chemical composition of #crudeoil; there’s no escaping it. During the #refining process, sulphur needs to be removed.

The nasty little bi-product of the combustion process in question here is SOx (oxides of sulphur), which are not unlike oxides of nitrogen (made infamous thanks to Volkswagen) found in diesel. Oxides of sulphur need removing by the catalytic converter, with the help of platinum (expensive, rare).

Euro 5 is the current emissions standard, but our fuel is #below the #benchmark that would allow vehicles to achieve that. So Euro 6 standards have zero chance of being adopted for the foreseeable future.

It might mean the fumes will make people sick & the lower quality fuel will fuck your engine… but hey! They’ve got a plan. 🤬

#auspol

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies as demand surges, 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 Guardian

@maudenificent @John

“Energy Minister #ChrisBowen signalled the government’s intent to support the continued operation of Australia’s remaining oil refineries: “We back our refineries – unlike the Coalition, who let four close under them,” he said.
The refiners are expecting to be told of an outcome from the talks within the next three weeks.”

“The ongoing conflict in the Middle East has sharpened the focus on fuel security and the importance of maintaining a domestic oil-refining capability,” an Ampol spokesman said. “We are confident that the government recognises the critical role refining plays in #Australia.”

Politicians politicking.

<https://www.smh.com.au/business/companies/local-refiners-seek-federal-lifeline-as-fuel-supply-fears-grow-20260308-p5o8gr.html> (paywall) / <https://archive.md/pRnb8>

Local refiners seek federal lifeline as fuel supply fears grow

Labor is locked in high-stakes talks to keep Australia’s last two oil refineries open as Middle East fuel shock fears deepen.

The Sydney Morning Herald