Panic Buying Sees More than 100 Victorian Service Stations Run Out of Fuel
Fuel shortages at over 100 stations in New South Wales and Victoria stem from demand surges up to 400%, with officials attributing issues to panic buying amid Middle East tensions.
- This past week, more than 100 service stations across Victoria and New South Wales reported outages, with Victoria seeing over 100 petrol shortages and 83 stations without diesel, as Premier Chris Minns confirmed 105 outlets lacked diesel.
- Victorian Energy Minister Lily D'Ambrosio said the shortages are driven by panic-buying, with fuel still arriving and Federal Energy Minister Chris Bowen warning last week against panic-buying.
- Diesel prices climbed to $3 per litre in some areas, risking fresh produce deliveries, while the Tallarook Hotel raffle went viral with 1.5 million views and one patron winning a jerry can.
- The National Liquid Fuel Task Force will meet today to review supply as Shadow Energy Minister Dan Tehan urged stronger action while ministers told federal parliament rationing is not yet needed.
- With international volatility high, officials cite measures including adjustments to fuel rules after six ships were cancelled, helping maintain supply, officials say.
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The coalition calls for additional action as more petrol stations run out of fuel; Iran denies US claims it's in talks to end the war in the Middle East; Cricket Australia still committed to the expansion of the Big Bash League.
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