Australian Politics Forum - Petrol could hit $3 per litre

lee Gold Member Offline Australian Politics Posts: 20194 Gender:	Re: Petrol could hit $3 per litre Reply #300 - Mar 17^th, 2026 at 6:08pm Melanias purse wrote on Mar 16^th, 2026 at 5:12pm: You know. You exited the other thread when it got boring. Which thread did I exit? Why was it boring? Interested people want to know.
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Bobby. Gold Member Offline Australian Politics Posts: 118069 Melbourne Gender:	Re: Petrol could hit $3 per litre Reply #301 - Mar 17^th, 2026 at 6:57pm DON'T PANIC
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lee Gold Member Offline Australian Politics Posts: 20194 Gender:	Re: Petrol could hit $3 per litre Reply #302 - Mar 17^th, 2026 at 7:52pm So in 7 days we have lost half our reserves. I guess the reserves were underestimated. People are like critters everywhere. They panic in herds and only slowly come to their senses. Pleading with people to not panic usually engenders panic.
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Jasin Gold Member Offline Posts: 56141 Gender:	Re: Petrol could hit $3 per litre Reply #303 - Mar 17^th, 2026 at 7:58pm Petrol Stations have enjoyed the panic. Regardless how things pan out, they've enjoyed the bonanza
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Bobby. Gold Member Offline Australian Politics Posts: 118069 Melbourne Gender:	Re: Petrol could hit $3 per litre Reply #304 - Mar 17^th, 2026 at 10:56pm Jasin wrote on Mar 17^th, 2026 at 7:58pm: Petrol Stations have enjoyed the panic. Regardless how things pan out, they've enjoyed the bonanza Yep - making 50 cents or more per litre.
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UnSubRocky Gold Member Offline Crocodile Hunter: Origins Posts: 25173 Rockhampton Gender:	Re: Petrol could hit $3 per litre Reply #305 - Mar 18^th, 2026 at 4:09am Leroy wrote on Mar 15^th, 2026 at 9:48am: Currently When petrol prices rise so does government income. Realistically, the highways and urban roads should be impeccable.
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Bobby.

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Re: Petrol could hit $3 per litre
Reply #306 - Mar 18^th, 2026 at 12:50pm

https://wentworthreport.com/2026/03/18/why-does-australia-only-have-30-days-fuel...

Why does Australia only have 30 days fuel when we solemnly agreed to hold 90 days?
Anthony Albanese.

By Craig Kelly.

Back in 2012, Australia first plunged into outright, shameless breach of its IEA treaty obligations — that sacred 90-day fuel reserve meant to shield the nation from fuel shortages, food chaos, economic collapse, and outright vulnerability in any global crisis.

Guess who was the Federal Minister for Infrastructure and Transport with the responsibility at the time?

Anthony Albanese.

Yes, that Albo — the smug, sanctimonious fraud now parading as Prime Minister, preaching “energy security,” “resilience,” and “protecting Australians” while we’re still the ONLY IEA member nation in chronic, decades-long breach. …

Albanese was Infrastructure & Transport Minister from 2007 to 2013. …

He had the portfolio. He had the power. He had the warning lights flashing. He did sweet FA. Zilch. Nada. The breach began under Labor’s watch with Albanese in the driver’s seat.

Now, as PM, he gaslights the nation during oil price spikes, Middle East wars, supply panics, and threats of actual shortages — pretending he’s some guardian angel, while the nation is starting to pay the penalty for his incompetence and failure.

The Abbot/Turnbull/Morrison Governments didn’t rectify the situation.

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Sophia

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Re: Petrol could hit $3 per litre
Reply #307 - Mar 18^th, 2026 at 12:53pm

Now with the latest interest rate rise on top of this fuel hike/crisis…. it’s obvious they are working against the average person!
Sure took advantage to slap that interest hike on all.

And I hear…it’s to stop a recession! Well guess who’s causing it to escalate!
How the hell does this work?

In the 90’s, the interest rates to 17% didn’t stop the “recession we had to have” !

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If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

Milton Friedman

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lee

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Re: Petrol could hit $3 per litre
Reply #308 - Mar 18^th, 2026 at 12:58pm

To be fair Labor took steps to rectify it. But these things work slowly. You have to buy incrementally so as not to distort the market, like a war would do. The libs followed suit, buying incrementally. And to date labor is still buying incrementally. So that they haven't reached the goal yet. Could either side have done it faster? Yes, but we don't know what that cost would have been. Roll Eyes

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Gnads

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Re: Petrol could hit $3 per litre
Reply #309 - Mar 18^th, 2026 at 1:11pm

lee wrote on Mar 17^th, 2026 at 3:14pm:

Gnads wrote on Mar 17^th, 2026 at 3:02pm:

That's why every proposed shale oil project has been canned.

Nope. Only in Victoria. USA, and others not holding to the Net Zero mantra are doing fracking well. There was one place blamed fracking for water contamination in Australia. The CSIRO debunked that claim.

Although the alarmists have said that they have links to fossil fuel.

Incorrect - a massive shale oil project at Aldoga near Gladstone has been canned.

As I said it's a filthy process that uses massive amounts of electricity.

Non conventional horizontal hydraulic fracking is for coal or shale seam gas .... nothing to do with shale Oil.

All the gas wells on the mid & western Darling Downs and Maranoa in QLD are coal seams fracked by this process.

It and another experimental process called Coal Seam Gasification have contaminated land & underground water in QLD.

Coal Seam Gasification is where they ignite underground coal seams and collect the gas emmissions.

The same environmental issues have been caused in the USA with shale seam fracking - we never seem to learn any lessons from that.

There have been several good documentaries put together about the fracking industry.

Some of which have been operating here in Australia.

Gasland (Josh Fox )2010.
Gasland Part 2
The Sky is Pink 2012
Frack Nation 2013
USA- Fracking for Europe(2023)

and a few more.

I'm no greeny & I'm for fossil fuel use i.e. coal and oil & gas from conventional drilling.

But I have serious concerns about Horizontal gas fracking, the chemical cocktail it uses & the danger it poses to the Great Artesian Basin.

Victoria has a banned horizontal fracking for gas & shale oil projects on the mainland.

That maybe the only thing good the Vic govt has ever done.

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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais

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lee Gold Member Offline Australian Politics Posts: 20194 Gender:	Re: Petrol could hit $3 per litre Reply #310 - Mar 18^th, 2026 at 1:25pm lee wrote on Mar 17^th, 2026 at 6:08pm: Which thread did I exit? Why was it boring? Interested people want to know Oh look he's gone.
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Bobby. Gold Member Offline Australian Politics Posts: 118069 Melbourne Gender:	Re: Petrol could hit $3 per litre Reply #311 - Mar 18^th, 2026 at 2:37pm It's mostly Albo's fault.
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greggerypeccary Gold Member Offline Australian Politics Posts: 151020 Gender:	Re: Petrol could hit $3 per litre Reply #312 - Mar 18^th, 2026 at 3:19pm Bobby. wrote on Mar 18^th, 2026 at 2:37pm: It's mostly Albo's fault. No. It's 1,200, 1,300 and 1,400, 1,500% Trump's fault. I don’t mean 50%. I mean 14-1,500%.
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Jasin

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Re: Petrol could hit $3 per litre
Reply #313 - Mar 18^th, 2026 at 3:24pm

greggerypeccary wrote on Mar 18^th, 2026 at 3:19pm:

Bobby. wrote on Mar 18^th, 2026 at 2:37pm:

It's mostly Albo's fault.

No.

It's 1,200, 1,300 and 1,400, 1,500% Trump's fault.

I don’t mean 50%. I mean 14-1,500%.

It's really the Lefties fault (like Pecca). They've failed in the world.
And like Joe Biden, they're about to be fired from Politics.

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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Bobby.

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Re: Petrol could hit $3 per litre
Reply #314 - Mar 18^th, 2026 at 3:24pm

greggerypeccary wrote on Mar 18^th, 2026 at 3:19pm:

Bobby. wrote on Mar 18^th, 2026 at 2:37pm:

It's mostly Albo's fault.

No.

It's 1,200, 1,300 and 1,400, 1,500% Trump's fault.

I don’t mean 50%. I mean 14-1,500%.

nahh -

Anthony Albanese.

Yes, that Albo — the smug, sanctimonious fraud now parading as Prime Minister, preaching “energy security,” “resilience,” and “protecting Australians” while we’re still the ONLY IEA member nation in chronic, decades-long breach. …

Albanese was Infrastructure & Transport Minister from 2007 to 2013. …

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Poll
Question: How high fuel price have to become before Australians would make Australian oil stay in Australia?
$3 per litre 3 (33.3%) $4 per litre 2 (22.2%) $5 per litre 1 (11.1%) $6 per litre 0 (0.0%) $7 per litre 1 (11.1%) $8 per litre 0 (0.0%) $9 per litre 1 (11.1%) never 1 (11.1%) Total votes: 9 This Poll ends automatically in 27 days, 8 hours and 24 minutes. « Created by: tallowood on: Mar 17^th, 2026 at 12:36pm »