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A proper national energy security policy would legislate to haveca national oil refinery to ensure fuel supplies were available. But that would require a government not obsessed with the idea that free enterprise and competition is always best. The government would have to commit to buy a certain amount of fuel every year.
One wouldn't think that'd be big challenge when one considers all identifiable & non- identifiable Govt vehicles on school runs, aviation & marine usage & assume the State Govts would be included or would they still want to go their own way?[bigsad]Quote:
The government would have to commit to buy a certain amount of fuel every year.
Of course they would still need fuel for "Staff" perks.[smilebigeye]
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Originally Posted by bob10
Fully agree depending of course who our defense forces were actually defending us from [biggrin] I am a bit of a peacenik and do like the distances we have as a buffer myself. Have a great day Bob.
(Off topic) Training my little guy for a TRYathlon next week. Poor little guy fell off my road bike wearing my bike shoes when he hits some big hills last weekend. OUCH. Swapped the clip in cleats to a normal pedal and he was much happier today [biggrin] It might seem cruel putting an 11yo on a racing bike. He averaged 24kph speed this morning were his own bike was about half that so even he is convinced now [biggrin]
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I am a bit of a peacenik and do like the distances we have as a buffer myself. Have a great day Bob.
"We should be so lucky" (in the words of KylieM) [bighmmm] My main concerns with your comment ND is how stupid or un Australian/lack of thinking, was it for Darwin Port Authority to lease the Port to Chinese interests. No way Jose.[bigsad]
It was also fortunate for the Chinese that a dedicated North - South Railway line was built to transport their men & materiel to the Southern States as well as to the centre of Australia. Land in the Harbour, jump on a train next stop? Wherever they choose, East, West, South. And if one thinks that they wouldn't bring their own Locos & rolling stock, needs their head read.
Australians paid for all this but all the DPA apparently could see was much cash into various pockets.
Every day is a great day in the Sunshine State. Nothing worthwhile comes without some pain, you have probably lost your bike now. Good luck to him.Quote:
Originally Posted by NavyDiver
Yes, peace is a lot better than War, for sure. As that American President said " speak softly , and carry a big stick. "
Since when has the American President spoken softly? [emoji38]Quote:
Originally Posted by bob10
Since F.D.R.. What made this speech unforgettable is. Roosevelt suffered from polio. [ he was treated at some stage by Australia's Sister Kenny] He knew he had to put on a tough front, so he walked, mostly unassisted , all the way to the podium. He didn't rant and rave, just spoke in a clear and strong voice, and brought the American people along with him . The rest is history. Admittedly, the American Presidential gene pool has been somewhat diluted, since FDR.Quote:
Originally Posted by Homestar
YouTube
That railway was essential for the development of the North. Still is. The deal with Darwin Port has more to do with China paying her way in order to get the best possible deal in future food exports from Australia [ remember, the food bowl of Asia?] ,and seriously, a Chinese or anyone else's invasion force sneaking up on Darwin ? You've been watching too much commercial television. Besides, Australia has covered her bets, by the deal stationing the better part of a US Marine amphibious Brigade in Darwin. If China rattles her sabres to gain a political point, they rattle their sabres at the USA. In the future, I can see The US Marines , or some of them, moving from Okinawa to the NT. The Okinawans don't want them, and it is a major problem for the Japanese government. We live in interesting times.Quote:
Originally Posted by 4bee
China's Belt and Road plan is proving huge success in re-establishing Central Asia as the centre of world trade. While Trump rants, China plans for the future.
China wants Aussie food exports to feed it's population. Australia is on the Pacific end of its trading plan. If Australians are smart we can make a lot of money from being allied with the Chinese, as the USA continues to decline in world importance.
I presume you mean Indonesia - the majority of our imported oil comes from Singapore, and Indonesia barely registers so it's not a threat.Quote:
Originally Posted by goingbush
Re the 90 day thing:
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[TD="bgcolor: #005978"]ieA calculated stockholdings versus actual commercial stockholdings in Australia
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[TD]The IEP Agreement requires IEA member countries to hold crude oil stocks equivalent to at least 90 days of net oil imports and, in the event of a global oil supply disruption, to release stocks to the market or reduce demand.
Since joining the IEA, Australia has relied on commercial industry stocks coupled with significant domestic production of crude oil to meet its stockholding obligations, and on market based mechanisms and demand restraint under the NLFERP to respond to emergencies.
The IEA’s 90 day stockholding obligation is calculated using a complex methodology developed in 1974 prior to the significant globalisation of the oil market and trade activity. As a result, this IEA methodology is not reflective of the way the Asia–Pacific market works.
In particular, it does not allow ‘stock on water’ (see page 9) to be counted towards a member country’s stockholding obligation, despite this stock being integral to supply chain operations in Australia and in our region. In Australia’s case this amounts
to more than a quarter of total stockholdings directly owned and controlled by Australian companies.
Australia’s compliance position has fallen below 90 days
in recent years largely due to a decline in domestic crude production and increased demand. Commercial stocks of fuel held in the domestic supply chain (e.g. stocks of petrol, diesel, jet fuel) have actually increased in response to demand growth and increasing product imports following refinery closures. Consequently, the decline in Australia’s 90 day stockholding compliance position raises no heightened risk for the domestic fuels market or for fuel users.
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https://www.aip.com.au/sites/default...ustralia_0.pdf
but this:
Australia imports almost all of its oil, and there are pitfalls all over the globe