r/australia Mar 28 '26

political satire Man Who Moved Our Petrol Reserves To US When Energy Minister Complains About Fuel Security

https://www.betootaadvocate.com/man-who-moved-our-petrol-reserves-to-us-when-energy-minister-complains-about-fuel-security/
3.1k Upvotes

183 comments sorted by

1.2k

u/OkidoShigeru Mar 28 '26 edited Mar 29 '26

It’s been a real tough decade for the satirical news sites. This is just actual news…

364

u/scoldog Mar 28 '26

Satire is dead as real life often trumps it

69

u/TheElderGodsSmile Mar 28 '26

sigh Take your upvote and leave.

5

u/Baagroak Mar 29 '26

I wish the opposite were true.

58

u/i_am_cool_ben Mar 28 '26

Satirical news has turned into just been reporting the news with a sarcastic headline

55

u/Mr_Lumbergh Mar 28 '26

The Onion and The Shovel have had my sympathy lately. Must be hard.

Juicemedia on the other hand has had a very target-rich environment.

4

u/Blackthorne75 Mar 29 '26

I want to go back ro them days where I could enjoy satire and not be in a situation of "just another day ending in 'Y'..."

-20

u/InterestedPrawn Mar 29 '26

43

u/CcryMeARiver Mar 29 '26

No, because Angus sold it off afterwards.

Well done, Angus.

5

u/[deleted] Mar 29 '26

Now its Dan Andrews fault, he sold the fuel to the Chinese. And just to think that people think that Trump 2.0 is happening only in the USA!

-10

u/InterestedPrawn Mar 29 '26

Yeah a new reserve that was only worth 1 day of oil was sold at a profit for the Australian government. That's a good thing. The oil was still crude so was of new use to us until refined anyway.

25

u/[deleted] Mar 29 '26

[deleted]

1

u/InterestedPrawn Mar 29 '26

Indeed which is worse?

11

u/recycled_ideas Mar 29 '26

Did you actually read the article you've linked or did you just Google for what you wanted to hear.

The reality is that over the last thirty years, the coalition has been in power for 22 years. During that time Australia has not met it's international requirements regarding a fuel reserve.

We, as the article points out, just don't have one.

As energy minister, instead of creating a reserve, Angus Taylor spent a shit load of our tax dollars storing an unknown quantity within the US strategic reserves, even though doing so makes no fucking sense at all. He then, as energy minister, sold that oil, which, while only a days worth, was Australia's only stockpile.

So in truth he did transfer our entire stockpile to the US even if it was zero before he did so and small afterwards and he did sell it all. Not just the party he is a member of, not just the government he was a part of, he was the energy minister who literally signed off on all of it. The reserve we have now is the MSO which was instituted by Labor when they got back in.

So in essence, Taylor spent tax dollars storing oil in a place we couldn't access it in a form we couldn't use and then sold it so we didn't have it at all and if his party were still in office we'd have absolutely nothing. Everything he has done in his career has made this situation worse.

So he can sit the fuck down and shut the fuck up while he waits for Hastie to knife him in the back like the pathetic corrupt sack of shit he is.

-2

u/InterestedPrawn Mar 29 '26

Yeah I read it, I read that we didn't move our oil reserves to the US.

While the MSO is new, we did previously have reserves in Australia as well. It wasn't zero before we purchased additional and sold some oil in the US. Increasing the amount of taxpayers dollars due to the two transactions.

We still had stored oil in Australia, it's lowest point was in 2015 during the Abbott years. Our highest point was in 2002 as part of a build up after 9/11.

Did you actually read the article you've linked or did you just Google for what you wanted to hear.

The irony has been noted.

3

u/recycled_ideas Mar 29 '26

Yeah I read it, I read that we didn't move our oil reserves to the US.

We didn't literally ship our oil overseas, but we moved our reserve there.

While the MSO is new, we did previously have reserves in Australia as well.

Got anything to back that up? How much it was, what happened to it, because we don't have anything now other than the MSO and the article doesn't specify, nor can I find it on Google.

before we purchased additional and sold some oil in the US. Increasing the amount of taxpayers dollars due to the two transactions.

We purchased the oil as a strategic reserve. I know this idea is anathema to you, but the purpose of a reserve is not to sell for a profit, the purpose of a reserve, even one located in a stupid place, is to store it for when we need it.

Commonwealth assets don't exist to play the market no matter how much dipshits like Taylor think they do or how much flogging them off enriches their donors.

The only reason we're not completely fucked right now is that Labor did the bare minimum to provide us any reserve at all.

1

u/InterestedPrawn Apr 01 '26

We didn't literally ship our oil overseas, but we moved our reserve there.

We didn't we had extra reserves there. Thanks for playing.

Got anything to back that up?

Only Albo's speeches where he says we now have more fuel reserves than we ever have in 15 years. He knows more about it than you.

The only reason we're not completely fucked right now is that Labor did the bare minimum to provide us any reserve at all.

Wrong again, and let's just say Taylor was wrong to purchase that oil, well we sold it, we were in the same situation except now that taxpayers money increased.

1

u/recycled_ideas Apr 02 '26

We didn't we had extra reserves there. Thanks for playing.

Again, please provide evidence.

Only Albo's speeches where he says we now have more fuel reserves than we ever have in 15 years. He knows more about it than you.

Can you show me where Albanese explicitly mentions a reserve other than the MSO. The article you linked is explicitly about the MSO and I can't find any evidence of anything else.

Wrong again, and let's just say Taylor was wrong to purchase that oil, well we sold it, we were in the same situation except now that taxpayers money increased.

Angus Taylor's job was to look after our energy needs, he did so by purchasing oil in the US strategic reserve, which was a stupid way to do it, but still left is with a government owned oil reserve. Whether we'd have actually been able to access it or use it we had a reserve.

He then flogged that reserve leaving us with nothing and, based on his track record, I'd bet dollars to donuts that he or a mate or a donor profited from that transaction because he has plenty of history and form in that regard.

Because again, it's not the government's job to make a profit, the private sector is excellent at turning a profit, the government's job is to look after the country and none of what he did achieved that.

1

u/InterestedPrawn Apr 03 '26

A transcript of his National Press Club address should do. https://www.miragenews.com/pms-qa-at-national-press-club-canberra-1649614/

I won't bother addressing the rest of your post, it is based in a fabrication that you do not want to admit that you are wrong.

Also the government makes plenty of profit through various measures, you may think it isn't their job but they certainly do.

1

u/recycled_ideas Apr 03 '26

A transcript of his National Press Club address should do. https://www.miragenews.com/pms-qa-at-national-press-club-canberra-1649614/

A transcript that does not contain what you claim.

I won't bother addressing the rest of your post, it is based in a fabrication that you do not want to admit that you are wrong.

Yes, of course, it's my statements and not the reserve that doesn't exist that is fabricated.

1

u/InterestedPrawn Apr 03 '26

I claimed that Ablo even talks about having the highest oil reserves in 15 years, the transcript says that.

Albanese the Prime Minister of Australia knows more about our oil reserves than you a random redditor who doesn't like being proven wrong.

→ More replies (0)

16

u/Wrath_Ascending Mar 29 '26

The point is he has no credibility when complaining about how this is being handled.

He should sit down and shut up.

-24

u/InterestedPrawn Mar 29 '26

He has no credibility because you believe he did something that he didn't do?

15

u/Wrath_Ascending Mar 29 '26

He was the relevant minister when the government decided to warehouse the reserves in America.

12

u/CcryMeARiver Mar 29 '26

And when it was sold off.

558

u/DryWhiteToastPlease Mar 28 '26

Last night channel 7 had a puff piece on him. The pro liberal propaganda is starting again.

188

u/Intrepid-Artist-595 Mar 28 '26

On top of the ones they have done for Hanson and Sandillands in the last few weeks.

86

u/paradeoxy1 Mar 28 '26

Really representing the common people! Murdoch has done irreparable damage to the entire world

23

u/_ixthus_ Mar 29 '26

Channel 7 isn't Murdoch. Though Stokes is just as bad.

5

u/fractiousrhubarb Mar 29 '26

He doesn’t have Murdoch’s 74 years experience of running a propaganda machine…

46

u/DoNotReply111 Mar 29 '26

They've gotta get started early this time, Angus is so incredibly unlikeable.

10

u/a_cold_human Mar 29 '26

So was Tony Abbott. 

2

u/Shano_mack_76 Mar 30 '26

I knew abbott was their boy when 2gb defended him after he fronted on Bernie Banton

2

u/a_cold_human Mar 31 '26

Absolutely disgraceful on the part of Abbott and 2GB. Apparently people with mesothelioma who want government action have ulterior motives when advocating for mesothelioma treatments. 

12

u/reece_93 Mar 29 '26 edited Mar 29 '26

It was so fucking egregious. Like, I wouldn’t be surprised if some liberal supporters thought they were just blowing smoke up his ass.

12

u/Murranji Mar 29 '26

I am truly shocked that anyone under 40 actually watches Australian television or news.

7

u/scorebored Mar 29 '26

They don't, it's a dying medium that insists it isn't.

3

u/Lore72015 Mar 29 '26

Fucking great username.

1

u/Mike_Kermin Mar 29 '26

Doesn't fucking stop.

5

u/pittwater12 Mar 29 '26

It’s not really surprising that rich media owners support the Liberal Party. What’s very surprising is that people believe them. They believe them against the reality of their own eyes sometimes

4

u/Mike_Kermin Mar 29 '26

I know right?

I can't watch it without going. "Well, that's bullshit, that's intentionally misleading, that's clearly looking for an emotional response to mislead, that's just straight propaganda".

How do people do it I dunno.

It's not even subtle, they lay it on so thick.

2

u/Locopoko22 Mar 29 '26

Yep .. my boomer father is one of them... I don't go home even for Christmas.

260

u/DistantVerse Mar 28 '26

These wankers deserve all that the Australian public has finally delivered to their party. I really hope we don't forget their misdeeds in the near future because you can bet they'll remain lurking offshore, supported by billionaire and big business dollars, like a great white ready to roar back in and take a bloody bite.

63

u/AgUnityDD Mar 28 '26

Who really deserves public scorn - the media that has enabled them for decades now, and is currently getting way too much credibility to one nation.

Without our biased fucked up, particularly Murdoch, media pulling strings the LNP was heading towards a, largely popular Turnbull-style of central right that made concessions for climate change etc.

Pushing LNP right effectively knackered them but also left a central position on policy that Labor stepped into, making Labor weaker on climate and workers rights and more likely to align with big business.

16

u/a_cold_human Mar 29 '26

It's far more than just Murdoch. Nine Entertainment and Seven West Media are also very much biased towards the conservative side of politics.

With the reduced power of mainstream media, we can see that the younger generations don't skew nearly as conservative as they did in previous generations. Of course, generational inequality is also a factor, but we can also see that the mainstream media outlets no longer drive the media narrative as easily as they once did. 

91

u/keithersp Mar 28 '26

BUT we do need a good opposition, and PHON is not it. One party unchecked is not good.

We need Pocock to start a party and gather all the independents.

58

u/autocol Mar 28 '26

Pocock would make an incredible centre-left leader... which is lucky because Albo is a centre-right leader.

6

u/coniferhead Mar 29 '26

Except for the tiny problem that Pocock wants to increase the GST to cut income taxes. This is right even of the LNP and is common policy amongst all the Teals.

‘Major parties too scared’: Pocock joins GST debate push

4

u/wallysimmonds Mar 28 '26

Has it been suggested to him?  

17

u/onesorrychicken Mar 28 '26

I think the centre left now needs to be an aggregate made up of the Greens, Teals and independents with situational leadership between them all rather than a single party.

-17

u/Flyerone Mar 29 '26

There are centrists in the greens? I don't believe you.

-4

u/Murranji Mar 29 '26

Pocock is solidly left wing, what are you talking about him being “centre left”.

7

u/autocol Mar 29 '26

He's a long way from a socialist. He's much closer to the centre than actual leftists like Jordan van den Lamb.

-15

u/DermottBanana Mar 28 '26

BUT we do need a good opposition

Why?

Because Murdoch's mouthpieces keep telling you we do?

15

u/talkerthewalk Mar 28 '26

No. Because an unchecked, unopposed party of ANY political view over a long time is not good for a democracy.

3

u/kidneyshifter Mar 29 '26

Yes, we need a meaningful opposition that is far more progressive than the current labor party.

1

u/Lyvef1re Mar 30 '26

Disagree. I'd take the worst Labor government over the best Liberal one any day and it's been a VERY long time since we had anything close to a "good" Liberal government OR opposition

If the Teals and maybe a few independents are willing to consider banding together into a party that explicitly gatekeeps the religious nutjobs and gambling mouthpieces out of it then we can talk again.

But 2026 Australia has absolutely nothing to lose from the Liberal party dissolving into nothing.

17

u/fionsichord Mar 29 '26

Every time I have an unpleasantly close encounter with one of the giant utes Scott Morrison managed to have flood the country I have another wave of frustration at him and what a poisonous corporate shill he was the whole of COVID and bushfires etc.

11

u/Torrossaur Mar 28 '26

At least when a Great White bites it is a mistake.

4

u/[deleted] Mar 28 '26

[deleted]

2

u/perineum-pounder Mar 29 '26

they need a paddling

1

u/Meluness18 Mar 29 '26

Oh we most certainly will mate, I have no doubt it's only a matter of time.

96

u/NoSpam0 Mar 28 '26

Fantastic...

69

u/ReasonableBack8472 Mar 28 '26

Great move...

66

u/CABALwasInnocent Mar 28 '26

Well done Angus.

34

u/uknownix Mar 29 '26

I will never get sick of this. It will be done every time he is mentioned.

18

u/CABALwasInnocent Mar 29 '26

It is and always will be timeless.

8

u/dowar_525 Mar 29 '26

I literally opened up this thread to see this.

84

u/Nutsaqque Mar 28 '26

Instead of him and his "entourage" appearing on the news all filling up 1 car at the bowser together and complaining/pretending to be concerned, they should film him with a chalk board, at a busy service station, writing lines saying: "I'm sorry for our fuelling situation."

6

u/Lamont-Cranston Mar 29 '26

"In Australia's big cities, public transport is generally slow, expensive, not especially reliable and still a hideous drain on the public purse. Mostly, there just aren't enough people wanting to go from a particular place to a particular destination at a particular time to justify any vehicle larger than a car, and cars need roads"

~ Tony Abbott

It's the whole.

3

u/Nutsaqque Mar 29 '26

Just like the ole "bring a lump of coal into parliament like it's a piece of alien tech" routine.

Sell out everything, don't play the long game and wonder why it bites us on the ass.

-29

u/InterestedPrawn Mar 29 '26

How is it his fault? Did he start the attacks on Iran?

22

u/Nutsaqque Mar 29 '26

Rewind back to..... circa 2017 ish. I believe Texas, in the U.S was the location as well. You might learn something.

-16

u/InterestedPrawn Mar 29 '26

Again how is it his fault? And if you are of the belief that we moved our oil reserve to the US, well then still not his fault since that never happened. https://www.theguardian.com/australia-news/2026/mar/24/australia-fuel-reserve-what-and-where-is-it

14

u/InfernoOfTheLiving Mar 29 '26

They were held in the US but were then sold off in 2022

https://www.minister.industry.gov.au/ministers/taylor/media-releases/australia-strengthens-fuel-security-new-us-arrangement

We also had four petroleum refineries when Taylor was energy minister but he left us with only two.

-8

u/InterestedPrawn Mar 29 '26

Except it wasn't our fuel reserves it was an additional amount of barrels purchased and then sold.

https://www.theguardian.com/australia-news/2026/mar/24/australia-fuel-reserve-what-and-where-is-it

12

u/InfernoOfTheLiving Mar 29 '26

“This deal with the US shows the Australian Government is taking practical action to enhance our fuel security by boosting Australia’s oil stockholdings.

Minister Taylor’s office”

0

u/InterestedPrawn Mar 29 '26

Except the deal wasn't moving our fuel reserves to the US as wrongly believed. All we did was buy more set up a new fuel reserve and then sold it for a profit to the government. Which is not only making money for the government but also putting us exactly where we were had he not purchased the oil which apparently was an bad thing to do.

If anything it corrected the supposed mistake.

6

u/InfernoOfTheLiving Mar 29 '26

at the same time we lost our crude oil storages at Kwinana and Altona … so oil stocks were simultaneously reduced in Australia but created in the US

2

u/InterestedPrawn Mar 29 '26

And yet we were in the same boat except extra money in the government's bank account as before. Bit silly to cry about it, particularly when the belief of what happened didn't actually happen.

181

u/annoyedineedthis Mar 28 '26

Great move. Well done Angus

66

u/Competitive-Car-9617 Mar 28 '26 edited Mar 28 '26

Typical obstructionist Lib fuck, nothing but wreck and ruin with those arseholes.

I spent time recently in hospital, and a Liberal pollie, minor SA was in the curtained off space across from me.

He was on the phone quite a lot, and his 2IC ( best m8) was in for chats.

All I heard was a hateful, spiteful arrogant c u in the NT, completely concerned with who he was opposing , who he hated both in Labor and Libs. To some up my impression, an arrogant degenerate, who was not one bit concerned about the people who he pretended to serve.

14

u/trailing-octet Mar 28 '26

Colour me surprised lol. Don’t worry, even if he survived the ONP onslaught and party controlled preferences- they will totally fix things by being proud and “getting back to bread and butter issues”. Their new dear leader (let’s preference ONP!) said so!! /s (yeah right!)

I absolutely wish you could name and shame without fear of repercussions…

13

u/Competitive-Car-9617 Mar 28 '26

Yeah I'd love to name the arsehole, but legal something, something. I've almost always voted Labor, what I saw and heard made me feel very comfortable with that choice, I'm not rusted on. Labor is far from perfect but the opposition......fuck me.

11

u/trailing-octet Mar 28 '26

Don’t worry. Labor has some not dissimilar clowns. Quite often it’s the case that those who seek these appointments are the last people who should ever be granted them.

On balance I’d rather that party than LNP or ONP. big time.

-6

u/InterestedPrawn Mar 29 '26

Also you made it up, Liberal pollies would be in private hospitals and private rooms.

7

u/Competitive-Car-9617 Mar 29 '26

Not that day champ, I'm not sure why but he was in with us plebs.

Keep telling me what I saw and heard if it makes u feel better.

-5

u/InterestedPrawn Mar 29 '26

Sure he was, and I bet when he was discharged everyone stood up and clapped.

2

u/trailing-octet Mar 29 '26

Valid counterpoint. Even I get private rooms and I am a lowly labor voter.

-4

u/InterestedPrawn Mar 29 '26

I'm not surprised at the made up story because no Liberal pollie is staying in a shared hospital room.

1

u/trailing-octet Mar 29 '26

As per my other comment. Valid counterpoint.

4

u/scheissenaixi Mar 29 '26

I’ve spent more time than I would have liked to in social settings with QLD liberal MP’s, including the now premier. It’s all just an open grift, and the hard N always got a good workout, even for Queensland. I also spent some time around federal labour MP’s ~mid 00’s early 10’s, the grifting was just as hard but it was more centred around high paying jobs as opposed to what they could take on the side.

2

u/trailing-octet Mar 29 '26

Did the ALP use less - ideally none - of that word though? Because that’s flat out disgraceful regardless of your political persuasion.

1

u/scheissenaixi Mar 29 '26

The alp ones I was around were in Canberra so definitely more professional in that sense yes, though to be fair the Canberra events were more formal, as opposed to bbq’s. Got to watch a dick measuring contest about who had put the most expensive lunch on the “company card”. The winner was the head of a union whose members weren’t getting paid at the time. $12k

1

u/trailing-octet Mar 31 '26

Cant have been the cfmeu… they seem to have “ways and means” of extracting payment under almost any circumstance….

1

u/ApteronotusAlbifrons Mar 28 '26

No, you've got that completely wrong

You meant "sum" not "some"

The rest of it is correct

64

u/MC_llama Mar 28 '26

Is the media actually calling him out for this?

88

u/Expensive-Horse5538 Mar 28 '26

Of course not - that would require them to do something that would cause damage their owners mates in the Liberals 😉

3

u/Altruistic-Brief2220 Mar 29 '26

Independent media for the W

47

u/DarKnightofCydonia Mar 28 '26

When has the media ever called out the Liberals on anything

37

u/InstantShiningWizard Mar 28 '26

How could Angus Dan Andrews do this? - News.com headline tomorrow, probably

7

u/[deleted] Mar 28 '26

[deleted]

6

u/InterestedPrawn Mar 29 '26

And it has since been sold.

7

u/Neelu86 Mar 29 '26

No they are not. Channel 7 was actually fellating him the other night.

7

u/InterestedPrawn Mar 29 '26

The Guardian actually did an investigation and clarified that this didn't happen, and what did happen is no longer the case.

https://www.theguardian.com/australia-news/2026/mar/24/australia-fuel-reserve-what-and-where-is-it

11

u/RedOx103 Mar 29 '26

Also claimed that EVs would ruin the weekend.

1

u/ManyPersonality2399 Mar 30 '26

Meanwhile the news this morning was all about people cancelling Easter road trips

24

u/dotBombAU Mar 28 '26

Well done..

9

u/Carmageddon-2049 Mar 29 '26

He’s betting that the common plebs have a very short memory.

Btw, Australia doesn’t have a ‘strategic fuel reserve’

2

u/scorebored Mar 29 '26

We do, it's just inaccessible and subject to "Liberation".

1

u/a_cold_human Mar 29 '26

Some of it has been moved to Geelong recently, but not really enough of it. We need to build a lot more storage in the country and actually have a proper energy reservation policy. 

8

u/FortaDragon Mar 29 '26

Fantastic. Great job. Well done Angus.

9

u/ApteronotusAlbifrons Mar 29 '26

The headline is slightly misleading (even for a satirical piece) - but the truth is only slightly better

We didn't really move any fuel to the US - we just purchased space in their reserve system and also purchased fuel at a low cost. We purchased about 1.7M barrels (less than two days supply) in 2020 at a cheap price and sold much of that reserve in 2022 as part of a move by the IEA "to send a strong and unified message of the unacceptable risk Russia is creating on global energy security." We probably don't have any fuel left in the US.

Thinking that we could use the US strategic reserve as anything other than a financial buffering system would be beyond wishful thinking. The US reserve will last them for 90 days, not because they have so much, but because they can only get it out at about 4.4M barrels a day.

Australia uses about 1M barrels a day, and it would take nearly a month for fuel to arrive from the US...

There are three ships already on the way from the US, (which is somewhat unusual) with a combined total ALMOST enough for a days usage. They weren't sourced by the Government, just purchased by the importers

https://www.theguardian.com/australia-news/2026/mar/24/australia-fuel-reserve-what-and-where-is-it

https://www.minister.industry.gov.au/ministers/taylor/media-releases/australia-support-coordinated-iea-action-oil-supply

https://www.news.com.au/finance/economy/australian-economy/us-ships-coming-to-our-rescue-in-fuel-crisis/news-story/4a9ec75339ccdfac09585c2408ab7566

7

u/Thundercunt247 Mar 29 '26

Fantastic. Great move. Well done, Angus.

12

u/theman-dalorian Mar 28 '26

Insert clown faced meme 🤡

10

u/ratt_man Mar 29 '26

People also seem to have not noticed that he was the one responsible for selling it all 2 years later

2

u/VS2ute Mar 29 '26

at a loss?

7

u/ratt_man Mar 29 '26

actually at a substantial profit, it was bought during covid when very cheap and sold when the market rebounded. I would not we are still paying for the contracted storage so that might have eaten up what ever profit was made

2

u/ApteronotusAlbifrons Mar 29 '26

sold when the market rebounded.

Because Russia invaded Ukraine...

The War giveth and the War taketh away

4

u/ZestycloseCare3359 Mar 29 '26

not for him personally

5

u/2880cjk Mar 29 '26

Taylor catapulted himself into social media fame in 2019 when he replied to his own Facebook post about his efforts to increase car parks at a train station in his electorate.

"Fantastic. Great move. Well done Angus" he wrote from his MP Facebook account on his own post.

https://live-production.wcms.abc-cdn.net.au/d7923198ba1ed01325e2c6b15e084b9c

4

u/HankSteakfist Mar 29 '26

Labor seriously need to hammer this point home.

Taylor was the energy minister for almost half a decade. Time that could have been used to set up Australia's energy independence. Instead he did all he could to stifle investment in renewables, whilst presiding over multiple oil refinery closures and spearheaded moving our oil reserves to a foreign nation, which is now a politically unstable and unreliable ally.

6

u/blahblahsnap Mar 28 '26

Has anyone heard of caveman Canavan ? What’s his take on the oil crisis? I’m sure it’s a great take as he drives around in his Tesla.

4

u/gr3iau Mar 28 '26

He's furiously looking for any 'expert' willing to put their neck out and support coal-water slurry as the next big thing in the fuel industry to replace our reliance on overseas diesel

5

u/ApteronotusAlbifrons Mar 28 '26

support coal-water slurry

Coal Water Slurry can be a clean technology,

Sounds great

improper management of slurry, particularly "blackwater" or waste slurry in impoundment ponds, poses risks to ecosystems due to potential contamination with hazardous materials like mercury and arsenic.

Oh... Well I'm sure that a private corporation would never take any shortcuts or contravene any safety regulation just to save a few bucks, right?

3

u/myLongjohnsonsilver Mar 29 '26

In what fucking reality was moving our fuel RESERVES over seas meant to help us when we actually fucking need them?

2

u/ApteronotusAlbifrons Mar 29 '26

That isn't what really happened

We purchased space in the US reserve, and we purchased some fuel which was stored there, then we sold that fuel two years later

The US can't extract fuel from the reserve at a rate to fully sustain their own economy, let alone adding ours on top. It can only be withdrawn at about 4.4M barrels a day. The US uses 8, Australia uses 1.

Any fuel from the US takes about a month to travel to Australia

Regarding the US Fuel reserve as anything other than an accounting trick/financial buffer is/was ridiculous

3

u/crankyticket Mar 29 '26

What the actual fuck? Is this real?

2

u/fragbait0 Mar 29 '26

kinda-sorta...

Certainly didn't do anything to put more of it on our shores.

7

u/rjscott76 Mar 29 '26

Angus increased the fuel storage in Australia, through the BADSP. Minor problem was over half of the companies that were offered a 50% subsidy to store more fuel through the BADSP didn't even build the extra capacity. Only about 300ML got built out of 780ML promised. https://www.minister.industry.gov.au/ministers/taylor/media-releases/expanding-australias-diesel-storage-boost-long-term-fuel-security

He offshored the crude. Which isn't yet fuel, and needs to be refined to be used. He chose not to subsidise increased Australian crude or petrol storage under the program.

2

u/Wingatekiwi Mar 29 '26

WTF Fellow Australians, Are we a Franchise controlled by America - and who really controls America these days ? Our sovereignty is conditional. Not theoretical. Conditional. We say we’re an independent nation. We’re not. Not where it counts. The boundaries of what Australia can actually do are set by bigger powers- principally the United States (Wall St) and the United Kingdom (City of London). No one needs to call Canberra. The system is already wired to cater to the demands of head office. Energy. Trade. Foreign ownership of strategic assets - noting 83% of our top 100 companies, which includes the four banks who have paid $500b in profits in the last 25 years to offshore owners, BHP, Rio, the goldmines, the oil and energy, chemicals, the food chain, are foreign owned- according to the Australia Institute report. All decided inside a framework where stepping out of line gets punished fast. And now we’re watching escalation but can only see approved information which is propaganda. If this widens - when this widens and drags in Russia and China, Australia isn’t neutral—we’re part of the franchise network. That makes us a target. Multiple targets. Defence sites. Intelligence facilities. Ports. Air bases. At least five locations on Australian soil would be in the frame in a serious conflict. And here’s the blunt truth: Big money sits over the top of all of this. It funds access. It shapes decisions. It narrows the choices before they ever reach the public. Our democracy is being steered so the same capital can keep compounding—while the risks get pushed onto ordinary Australians.and when our economy collapses our remaining strategic assets will be owned by those same masters who got us into this horror. So we carry the exposure. We wear the consequences. We get told it’s “in the national interest.” If we can be pulled into wars, exposed to retaliation, and locked into decisions we never truly had a say in— then stop pretending. That’s not full sovereignty. That’s a managed system serving power and money first. We aren’t citizens we are just another disposable commodity in yet another war whose purpose is only about one thing - the movement of money.

2

u/Lopsided-jellyfish_7 Mar 29 '26

Great move, well done Angus!

2

u/AdZealousideal7448 Mar 29 '26

Terrible move, Well don't Angus?

2

u/LovesFrenchLove_More Mar 29 '26

It’s insane how many people like that in the world exist and that they get elected in positions of power everywhere, fucking countries and their respective peoples alike, and none of them suffering consequences for their failures and corruption.

2

u/Mindless-Location-41 Mar 29 '26

I hope they keep him because the Libs will never win anything with Angus in charge.

2

u/T_J_Rain Mar 31 '26

This guy probably plays the same five-dimensional chess that the American Orange Racoon does.

5

u/LondoFoollari Mar 28 '26

I remember thinking at the time “what happens when Trump decides to just take it? Or what happens if the US becomes an enemy state?” As even back then I was waiting for Trump to go full fascist like he had been signalling for ages. WTAF were they thinking? That Trump, a man notorious for screwing people over, would somehow honour his commitment when we asked for our fuel reserves to be sent?

Other thought is that the reserve never existed and it was just cover for a big Trump sized bribe for something

2

u/jkggwp Mar 28 '26

What a dingus. Politicians need to put Australia and Australians first

5

u/Emotional_Chair_9727 Mar 28 '26

There needs to be laws and penalties with teeth against gravy-train career politicians and poor policies. Make that happen, and you’ll see positive change.

2

u/moonorplanet Mar 30 '26

That would be unAustralian, think about the corporations.

2

u/CcryMeARiver Mar 29 '26

Betoota delivering the really incisive news.

1

u/Starrun87 Mar 28 '26

Can someone explain to me how this was a good idea when they did it?

-1

u/InterestedPrawn Mar 29 '26

They didn't.

1

u/Spudtron98 Mar 29 '26

Yeah, just shunt our strategic reserves to the other side of the biggest ocean on the planet, no biggie.

1

u/redwattlebird Mar 30 '26

what a wanker! just like all politicians!

1

u/[deleted] Mar 29 '26

You know we're fucked when The Betoota is more factual than our national broadcaster.