Explore the latest developments concerning Debunking four myths.
Debunking four myths about Australia's fuel crisis
Caltex closed its Kurnell refinery in 2014 and converted it into a fuel import terminal. (AAP: Mick Tsikas)
Back when we were energy independent and didn't have to rely upon unstable hotspots to send us almost all our liquid fuel, when we pumped oil out of Bass Strait and shipped it to refineries scattered across this wide brown land.
If you listen to the increasingly shrill calls, it's time to wind back the clock and rebuild our oil industry.
To do what US President Donald Trump did and "Drill baby, drill" and turn those reconfigured oil import terminals back into what they were originally designed to do: refine good old Aussie crude.
Rough ride ahead: No relief at the pump yet as peace talks stall
Add articles to your saved list and come back to them anytime.
Australian motorists face an extended wait for relief at the petrol pump amid warnings the breakdown of Middle East peace talks and the United States’ plan to blockade Iranian ports threaten to keep global energy markets in a state of prolonged volatility.
After briefly dipping on news of a fragile ceasefire last week, oil prices surged again as the lack of a clear path to ending the war continued to rattle investors and shattered a short-lived optimism that oil flows may begin stabilising. The cost of Brent oil, the global crude benchmark, shot up 7 per cent to back above the $US100-a-barrel threshold, while US-traded West Texas Intermediate rose 8 per cent to $US105.
Short Straight Bob Wig Human Hair Wigs Blonde 613 Colored Lace Front Human Hair Wigs 13×4 Lace Frontal Human Hair Wig For Women
Labor ‘not considering’ joining US blockade of strait of Hormuz – as it happened
Get our breaking news email, free app or daily news podcast
The prime minister, Anthony Albanese, is holding a press conference in Canberra and is announcing a range of new defence appointments.
Albanese said he has recommended to the governor general that V Adm Mark Hammond, the chief of the navy to be appointed as chief of the defence force.
double quotation markVice Admiral Hammond had a career spanning 40 years in the Royal Australian Navy, serving in frigates and extensively in and later commanding submarines and the Australian fleet.
He replaces the current chief, David Johnston, who will leave the post in July for retirement after 48 years of service in the ADF.
For more detailed information, explore updates concerning Debunking four myths.