They Lose, You Pay. But When They Win...? #shorts #australia #oilcrisis

By Scott Kuru

Community Score: 50% | 1.9K views | 1w

0 community ratings: null thumbs up, null thumbs down

Australia has decided its last two oil refineries are too important to lose. And there’s a reasonable argument for that. Ampol and Viva Energy operate the country’s two remaining refineries, which together produce around 20% of Australia’s fuel demand. The government has a Fuel Security Services Payment designed to support those refineries when margins fall below specified levels. The logic is simple. When refining becomes uneconomic, taxpayers help keep this critical infrastructure operating so Australia maintains some domestic refining capacity. But I think there’s a fair question Australians should be asking about the other side of that arrangement. What happens when refining margins surge? The support payment switches off, as designed. But the upside from stronger margins stays with the refinery. That doesn’t automatically mean the system is wrong. Keeping domestic refining capacity has a real national security value, particularly when global fuel supply chains are disrupte

Tags: australia, australian property market, real estate australia, australian real estate, real estate investing, Scott Kuru, Kuru, Freedom property investors, Freedom property, freedom australia, australian property, property investing, property investing tips, property investing news, australian property update, freedom property investors reviews, australian real estate investing, how to invest in australia, how to invest in the australian property market