Mastodawn

ABC Feeds 18m ago

Debunking four myths about Australia's fuel crisis
By Ian Verrender

If you listen to increasingly shrill calls, it is time to rebuild our oil industry. While the sentiments might be well-meant, a few unfortunate facts have been overlooked.

https://www.abc.net.au/news/2026-04-14/debunking-four-myths-around-australias-fuel-crisis/106558264

#PetrolPrices #OilandGas #UnrestConflictandWar #Exports #IanVerrender

Debunking four myths around Australia's fuel crisis

If you listen to increasingly shrill calls, it is time to rebuild our oil industry. While the sentiments might be well-meant, a few unfortunate facts have been overlooked.

Two [China-bound] tankers turn away from Strait of Hormuz after US blockade begins https://www.bocvip.com/1298457/two-china-bound-tankers-turn-away-from-strait-of-hormuz-after-us-blockade-begins/ #gas #oil #OilAndGas

Two [China-bound] tankers turn away from Strait of Hormuz after US blockade begins - BOCVIP

Two tankers turn away from Strait of Hormuz after US blockade begins

BOCVIP

Blockade News https://www.bocvip.com/1298394/blockade-news/ #gas #oil #OilAndGas

Are we about to see how real this blockade is? https://www.bocvip.com/1298332/are-we-about-to-see-how-real-this-blockade-is/ #gas #oil #OilAndGas

China wades in and down it goes – “we expect others not to interfere in our affairs. The strait of Hormuz is open to us” https://www.bocvip.com/1298276/china-wades-in-and-down-it-goes-we-expect-others-not-to-interfere-in-our-affairs-the-strait-of-hormuz-is-open-to-us/ #gas #oil #OilAndGas

China wades in and down it goes - “we expect others not to interfere in our affairs. The strait of Hormuz is open to us” - BOCVIP

Chinese Defense Minister Admiral Dong Jun today:

BOCVIP

Iran’s version of the truth about US navy traversing the straight in order to try and secure Oil transit. https://www.bocvip.com/1298233/irans-version-of-the-truth-about-us-navy-traversing-the-straight-in-order-to-try-and-secure-oil-transit/ #gas #oil #OilAndGas

JUST IN: 🇺🇸 121 empty oil tankers are now heading to the United States as President Trump urges countries hit by Strait of Hormuz disruption to buy American energy. https://www.bocvip.com/1298170/just-in-%f0%9f%87%ba%f0%9f%87%b8-121-empty-oil-tankers-are-now-heading-to-the-united-states-as-president-trump-urges-countries-hit-by-strait-of-hormuz-disruption-to-buy-american-energy/ #gas #oil #OilAndGas

Someone opened up a long position on crude oil right before Trump’s executive order. https://www.bocvip.com/1298120/someone-opened-up-a-long-position-on-crude-oil-right-before-trumps-executive-order/ #gas #oil #OilAndGas

Oil is tanking https://www.bocvip.com/1298070/oil-is-tanking/ #gas #oil #OilAndGas

Oil is tanking - BOCVIP

Oil is tanking

BOCVIP

It is ridiculous. That crude oil is up 78% year today. https://www.bocvip.com/1298015/it-is-ridiculous-that-crude-oil-is-up-78-year-today/ #gas #oil #OilAndGas