[awesome_dude]

The Australians are currently pointing to diesel reserves or on hand in the farms is quite low, suggesting that mechanised cropping/transport of farm products is going to provide a pinch point.

I have no idea if the reports are accurate, or an attempt to put the market into readiness for inflation.

edit: Whether real or imagined, there is panic buying of petrol happening - this could lead to supply issues by itself.

https://www.reddit.com/r/australia/comments/1rohwzl/fuel_pan...

[Intermernet]

As someone who has done physical work at the sites of Australian diesel reserves, they aren't designed to last that long.

I do still feel we're better off than most. We can actually offset the price of fuel by reducing the government excise, and even subsidising it. We've done it before. 2 gulf wars, a global oil crisis, general middle east chaos? Australia has typically done better than most.

Would still be good if we had an actual sovereign mineral fund and hadn't sold our gas rights to everyone else, but I suppose we have to live with the stupid shit the previous governments have done.