00:00okay folks it's time for a bit of a history lesson here let's look back to 2020 and what do
00:06we
00:06remember from then toilet rolls we all were rushing out to get toilet rolls because we were fearful
00:13that there wouldn't be any toilet rolls and we wouldn't have anything to wipe our but the supply
00:19was there but everyone bought more than they required and i think that may be an issue with
00:24fuel at the moment we are experienced at the moment localized shortages around the country
00:28but at episode three we have looked at all the data from the actual live shipping tracker
00:34and that gives us an indication of what has been loaded and it's on its way here and what is
00:39loading
00:40to come here and if we look at that data we look at the historical data for comparison it shows
00:45us that
00:46it is on track for the first quarter of this year to be the second highest import levels for diesel
00:53and if we can trust this data from the vessel tracker which is run by london stock exchange
00:58indication that the fuel is not a problem in terms of getting into the country it's a problem of
01:04demand at the moment we're seeing people around the country stockpiling fuel as if it was toilet roll
01:11and that is a big issue because it's causing wholesalers to struggle to pick up the fuel
01:16so especially if you're in a regional area you have to get that distributed from the coastal port
01:21up to country but that's what we're seeing at the moment is the fuel is coming in but people are
01:26going
01:26out and stockpiling when they might not need it farmers will know we do need that fuel but there's
01:31people out there stockpiling who don't need it for recreational use or whatnot so i think that is the
01:36major issue but the way we look at at the moment is the data shows and it will be corroborated
01:41in a
01:42couple of months when we get the actual government data provided this data is accurate that the fuel is
01:46coming to australia and we don't need to go out and rush it is a scary situation because fuel prices
01:52are
01:52so high and if this conflict does continue to escalate with the mines in the strait or whatever
01:58else may happen we could see stock issues further down the line but up until the end of 8 march
02:04at
02:04least i think we're actually okay in terms of national fuel imports the fuel levels that we're importing are
02:11strong
Comments