Abstract

The Australian way of life is now largely dependent on imported foreign oil and petroleum products. This has two important impacts: firstly, it means the responsibility for delivering a secure supply of fuel for domestic Australian transport is maintained by foreign agents beyond our borders and is therefore not under the control of our government; secondly, there is an additional cost to the Australian economy, and individual Australian transport users, to import these fuel products in increasing volumes to meet domestic demand when local fuel resources and refining capacities are declining every year.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call