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Australians didn't give a XXXX about reserves.

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Australians didn't give a XXXX about reserves.

Unread postby dolanbaker » Tue 08 May 2018, 12:34:30

If there was ever a disruption to global supplies, Australia could be one of the first countries affected.
http://www.bbc.com/news/business-44027042
The Australian government has ordered a review of fuel security after experts warned the country only has weeks of petrol, diesel and aviation fuel supplies left in its reserves.

The country's energy minister, Josh Frydenberg, said it was the "prudent and proper thing to do" but should not be interpreted as Australia having a fuel security problem.

The International Energy Agency expects countries to have 90-days worth of fuel in reserve, but Australia has not met those levels since 2012.

If there was ever a disruption to global supplied, Australia could be one of the first countries affected.
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Re: Australians didn't give a XXXX about reserves.

Unread postby ROCKMAN » Tue 08 May 2018, 16:52:43

So the boys down under would be willing to go to war with those countries want to defend their imports from Indonesia: The top export destinations of Indonesia are China ($16.8B), Japan ($16.1B), Singapore ($11.2B) and India ($10.1B)?
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Re: Australians didn't give a XXXX about reserves.

Unread postby SeaGypsy » Wed 09 May 2018, 06:51:03

& most of ours comes from the Middle East, via Singapore. We buy almost none directly from Indonesia.
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Re: Australians didn't give a XXXX about reserves.

Unread postby Tanada » Wed 09 May 2018, 12:02:18

SeaGypsy wrote:& most of ours comes from the Middle East, via Singapore. We buy almost none directly from Indonesia.


Given the facts that Indonesia is a net importer the same as Australia AND Indonesia has on the order of 10 times the population of Australia? Any invasion would be an interesting, not to mention suicidal tactic.
I should be able to change a diaper, plan an invasion, butcher a hog, design a building, write, balance accounts, build a wall, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, pitch manure, program a computer, cook, fight efficiently, die gallantly. Specialization is for insects.
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Re: Australians didn't give a XXXX about reserves.

Unread postby ROCKMAN » Wed 09 May 2018, 12:12:48

Gypsy – This harkens back to that one more silly acronym I tossed out long ago. MADOR: Mutually Assured Distribution Of Resources. Similar to the MAD theory back in the Cold War days. No country with the military capability to prevent it will allow another country to disrupt its importation of critical resources. China and the US won’t allow anyone usurping “their oil” when production runs short. But neither would likely care to confront each other in such a situation. IOW those countries weaker financially/militarily will have little choice but to watch their imports shifted to the more powerful.
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Re: Australians didn't give a XXXX about reserves.

Unread postby SeaGypsy » Fri 11 May 2018, 07:50:11

True Rock, also mostly we citizens of "successful colonies' are largely ignorant how perilously close many less well off countries are to falling to pieces through- sectarianism, tribalism, ethic tensions etc. All it takes is a few years of consistent decline in living standards & what's gone on the Middle East last decade+ could happen most parts of the world.
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Re: Australians didn't give a XXXX about reserves.

Unread postby ROCKMAN » Fri 11 May 2018, 13:20:32

Gypsy - When the sh*t hits the fan some of the biggest fights may be internally. If it gets that bad in your neighbor I'll send you some of Texas bumper stickers: 'Let them freeze in the dark!" LOL
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