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The Latest Breaking News from Chris Bowen

Australia lowers diesel standards in bid to increase supply as number of service stations running empty surges

Chris Bowen says move aimed at accessing fuel imports from markets with lower burning temperatures, including the US, Canada and Europe

The Guardian - AU

Diesel standards eased as fuel shortages deepen

Measures to help more diesel flow into the domestic market have been announced as hundreds of service stations across Australia run dry.

AAP

AI will tell you Australia’s fuel reserve is in the US. But is that even true?

Australia does not have a government-backed stockpile, experts say, and even if we did still store oil in the US, it would not be much

The Guardian - AU

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Almost half of Australians think foreign military will attack within five years, ANU study suggests

University polling and focus groups found sharpest increase in those worried about national security was cohort aged 18 to 24

The Guardian - AU

As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull

Leveraging Australian gas exports to ensure we get oil in return is among the offbeat ideas we could be hearing more about

The Guardian - AU

Six fuel ships bound for Australia cancelled as Bowen concedes ‘flow of oil to Asian refineries has slowed’

Energy minister says war on Iran creating ‘uncertain environment’ but insists government doing ‘all the preparatory work’

The Guardian - AU

'Bumps' but no fuel shock yet as tankers cancelled

The war in the Middle East has forced six fuel shipments to Australia to be cancelled, but a minister insists any shortages are demand not supply driven.

AAP

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Australia last rationed fuel in the 1970s. Could we do it again?

As oil prices skyrocket, analysts believe the disruption to the global supply will last months, not weeks. So what other options are there?

The Guardian - AU

‘Really significant’: analysts warn top fuel suppliers could cut exports to Australia

Energy minister says he is not aware of any cuts to imports from Malaysia, but expert says warnings are ‘really significant’

The Guardian - AU

Labor considers windfall gas tax amid Iran price spike

A new tax on extraordinary gas profits caused by the Middle East conflict could raise an extra $27 billion per year for the federal budget, advocates say.

AAP

Chris Bowen declares rush on jerry cans ‘un-Australian’ as he urges end to panic buying of petrol

Energy minister says country’s fuel supply has yet to be affected by war after meeting with suppliers and retailers

The Guardian - AU

Central bank increases cash rate amid global energy shock – as it happened

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The Guardian - AU

Fuel tax cut urged to avoid fruit 'rotting on trees'

As some country towns face major petrol shortages, pressure is mounting on the federal government to intervene to bring down fuel prices.

AAP

Fuel stockpile topped up as minister says supply secure

Australia has stockpiled more than a month's supply of fuel and is as "prepared as possible" as the war in the Middle East continues to impact global supply,

AAP

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The Guardian - AU

Australia to release nearly 20% of fuel stockpile as Bowen insists country ‘nowhere near’ running out

Energy minister cuts fuel companies’ minimum stock obligations to free up diesel and petrol, which will be directed to regional Australia

The Guardian - AU

Afternoon Update: Labor fuel quality downgrade to pump supply into regions; Atlassian’s AI-driven layoffs; and finding your personal style

Chris Bowen has announced Labor will temporarily relax fuel standard rules for 60 days to put an extra 100m litres a month into the system.

The Guardian - AU

If there was ever a moment for Australia’s shift to renewables and EVs, this is it

Yes, Australia needs fuel. But the Middle East war also shows the necessity of setting ourselves up for the future

The Guardian - AU

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say

Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears

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The Conversation

5 members of Iranian women’s soccer team defect, Australia deploys RAAF plane and missiles to Gulf

The Albanese government has given humanitarian visas to five members of the Iranian women’s soccer team, including its captain, to enable them to remain in Australia, and is offering protection to any more of the women who want to defect.

AAP

Double whammy: food prices warning over war fuel shock

Panic buying has forced some regional service stations to impose fuel restrictions as farmers warn shoppers to brace for grocery price hikes.

AAP

No ill winds blowing for renewables spending in budget

No cuts to the federal renewable energy program can be expected in the budget, assures the climate minister in response to a rumoured savings blitz.

The Guardian - AU

Labor says Australia won’t run out of fuel due to the Iran conflict. So how much do we have and how long will it last?

The amount of crude oil being refined locally has dwindled in recent years – but officials say Australia’s strategic reserve means there’s no need to worry

The Guardian - AU

Chris Bowen urges motorists not to panic-buy petrol as oil prices jump amid Iran conflict

Energy minister says ‘there is no need to rush to the service station and fill up’ as treasurer urges consumer watchdog to monitor for price gouging

AAP

Data centres spruiked as energy grid 'shock absorbers'

Australia has the energy resources to host data centres and they can be built to play nicely with the electricity network, the federal climate minister says.

The Guardian - AU

Chalmers signals ‘belt tightening’ to come in May budget – as it happened

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