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Does Albanese's idea for more Australian oil supplies stack up? (www.sbs.com.au)
submitted 1 day ago by to c/australianpolitics@aussie.zone
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The federal government will spend $4 million on a study to see if it can build a new oil refinery in Western Australia, which could be the nation's first such new facility in six decades.

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[–] 8 points 1 day ago (1 child)

If only we hadn't bloody allowed the ones we already had to be closed... They should have been forcibly nationalised at a fair (low) price if they wanted to close up shop.

Especially the refinery owned by Viva Energy in Geelong should have been nationalised, not had their profits guaranteed...

I say all this as someone who doesn't drive, and I thinks we should get off oil ASAP. We can't just flip the switch and have everything grind to a halt.

But building a NEW refinery? Are you serious?

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  • [–] 3 points 1 day ago

    Even in an ideal world where every Australian commuter vehicle is an EV, we would still need our own ability to process and refine oil into aviation fuel, diesel for farming/trucking, and probably a few other vital resources that I’m forgetting.

    But I broadly agree with you, if we are to build another - it needs to be a national asset and not a private one; so that works to ensure our energy sovereignty as much as possible, and not shareholder profits.

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