[stephen_g]

We are vulnerable in Australia though because we have to move food large distances from farms to cities and are unusually road-dependent for those kind of distances (most countries use much more freight rail). Large diesel price rises are going to be extremely painful for us.

And electricity and manufacturing too, since we have no real gas reservation policy and the exporters were allowed to build enough capacity to export basically every single joule of gas that we produce (and they pay a fraction of the royalties that countries like Qatar rake in). So locals and local businesses pay very high prices so the gas companies can export most of our supply overseas...

[iso-logi]

Diesel price rising can be easily fixed though.

The Government collects 51.6 cents per litre on Fuel and Diesel, they'd need to just temporarily cut back on some of their obscene fuel margins to keep everything within steady-state.

The question is, will the Government do so?

[Xixi]

But what if there's not enough diesel?

That's what at stake here, with oil exports from the Middle East dwindling... Oil price might not even go up that much, or for that long, if the economy crashes hard enough.