Dossier
oil supply shortage
Coverage of oil supply shortage in the Nexus archive.
- Australian government plans for ‘worst-case scenario’ retail fuel rationing, documents reveal
The Australian government has revealed contingency plans for retail fuel rationing, including daily purchase limits per vehicle, in response to warnings that global oil supplies could reach critical levels by August. The International Energy Agency has warned that oil markets will enter a 'red zone' by August. Documents obtained by Guardian Australia under freedom of information show the government is preparing for potential fuel supply shortages.