hey weissen, is most of your gas imported? i didnt know if you guys did any refining over there or not?
Australia imports only about 30% of its oil. The rest is home grown from the local oil offshore oil fields.
All of our petrol is refined locally.
The trouble is that even though our locally produced oil is cheaper to recover than the imported oil, the oil companies charge world parity prices for it so it costs the same as middle east crude.
And on top of that there is about 30-50% (depending on the type of fuel) tax levied by the federal goverment.
Pity we can't run our cars on coal.
We have shiploads of cheap coal here but most of it goes either to electricity production or is shipped over to china......