As Oil Prices plummet around the globe, Australia looks to bolster its reserve. Federal Energy Minister Angus Taylor recently travelled to America with the intent of signing a deal which, if passed, will secure Australian access to the US petrol and crude oil supply.

But despite creating this deal, Australia’s own reserves remain low, with reports last year that Australia only has a third of what is internationally mandated in reserves. So why has Australia failed to meet these goals? And what does the new deal mean in this turbulent market? Ryan Stanton has the story.

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Tuesday, March 10 2020
Produced By
Featured in storyAlexey Muraviev, Associate Professor of National Security and Strategic Studies at Curtin UniversitySaul Eslake, Independency Columnist and Vice Chancellor’s Fellow at the University of TasmaniaDr Giovanni Di Lieto, Lecturer at Monash Business School

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