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Government accused of doing 'bugger all' to shore up Australia's fuel security

Source: ABC News
A former high-ranking Air Force officer has accused the Federal Government of doing "bugger all" to bolster Australia's fuel security, saying it was "simplistic" to use the shortcomings as an argument to drill in the Great Australian Bight.

Since 2010-11, Australia's net petroleum stockholdings have fallen from its International Energy Agency (IEA) obligations of 90 days' worth, in the event of market failure, to just 50 days.

The Government's Australian Petroleum Statistics published in November said this would amount to 21 days of petrol for automobiles, 18 days of diesel and 20 days of aviation fuel.

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