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Post by illuminati on Jul 19, 2020 6:29:00 GMT 10
I haven’t seen this before. Thanks for the yt link.
Imagine this happening in Australia. We are meant to have 90 days of fuel reserves but we only have like 30. We bought fuel in the US when the prices crashed but are storing it in the US as apparently we don’t have enough storage here. Good we at least own some fuel but no good having it stranded on the other end of the world and if if fuel shortage is affecting USA they will seize it. Like they seized medical supplies.
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fei
Senior Member
Posts: 604
Likes: 876
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Post by fei on Jul 19, 2020 14:31:16 GMT 10
Imagine this happening in Australia. We are meant to have 90 days of fuel reserves but we only have like 30. We bought fuel in the US when the prices crashed but are storing it in the US as apparently we don’t have enough storage here. Good we at least own some fuel but no good having it stranded on the other end of the world and if if fuel shortage is affecting USA they will seize it. Like they seized medical supplies. Yep, the government gave themselves a big pat on the back for getting the oil at negative prices, but now has to pay for it to be stored. Who knows when it will be shipped to Aus or where it will be kept? To my mind, its kinda like the folks buying gold on paper, who may never see the physical gold, especially if there is an emergency and they want it in a hurry.
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