In the same boat

The Age reports: “The Australian Bureau of Agricultural and Resource Economics estimates Australia’s oil consumption will leap by 66 per cent over the next 25 years, cutting oil self-sufficiency to just 50 per cent by 2029, compared with about 78 per cent now…the bureau warned that net oil importers such as Australia would be forced to rely on the Middle East and North Africa for supplies, regions pocked with geopolitical uncertainties.”

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