For the 82nd Month in a row, Australian Oil import coverage stocks are well below the 90 day IEA minimum, despite increasing by 3 days and stable daily imports for December 2018. Australian #energysecurity remains vulnerable #OOTT #energypolicy #oil #auspol

Australian Net Oil Imports have increased by ~12% vs December 2017. Australia remains vulnerable to international oil supply disruptions while stocks remain >40% below the IEA 90 day minimum. #OOTT #energypolicy #energysecurity #oil #auspol #energytwitter

Australian Domestic Refinery Inputs only contribute 16% of Indigenous supply for local consumption. With production having declined consistently over the last 10 years, import dependency remains a strategic concern. #EnergyPolicy #EnergySecurity #OOTT #OIL #auspol

Australian Gasoline sales show that Ethanol Blended Fuels (E10) makes little to no impact on the downstream market. Demand for 91 and 95+ (RON/Octane) ticked up slightly & remains a significant contributor to imported fuel supplies #EnergyPolicy #EnergySecurity #OIL #OOTT #auspol

Aviation Turbine Fuel (Jet A/A1, the Kerosene cut) stock levels increased by 3 days to 23 days of supply cover in December 2018 (Feb 2019 Update). #OOTT #energypolicy #energysecurity #oil #auspol #energytwitter #jeta1 #aviation

Australian Refinery Inputs increased by 9% for the month of December. However Australian Refinery Capacity has continued to decline since 2002 #energysecurity #energypolicy #OOTT #auspol

Australian Crude Oil Imports fell in December 2018, while storage increased, demand remained stable at the during the summer/school holiday season. #energysecurity #energypolicy #OOTT #auspol #Oil

Australian Gasoline Imports decreased by 7.52% compared to December 2017. Domestic retail prices peaked in Q4 2018/Q1 2019 over the school holiday period. #energysecurity #energypolicy #OOTT #auspol #Oil

Australian Jet A/A1 Imports increased 1.63% compared to Dec 2017, with a frighteningly low demand cover which reached an enormous 23 days.
#energysecurity #energypolicy #OOTT #auspol #Oil

Australian Diesel Fuel Imports reached a 60 month high in Dec 2018. Again storage/demand cover inadequacies remain a significant concern for Australian #energysecurity. #energypolicy #OOTT #auspol #Oil

Australian Fuel Oil Imports over the same period continues to closely resemble a house of cards reaching a 5 year December high. Fuel oil demand cover remains vastly inadequate and of a strategic concern #energysecurity #energypolicy #OOTT #auspol #Oil

Australian Total Oil Imports increased by 9.5% compared to Dec 2017. Supply chain risk remains a significant concern to Australia, however inadequate policy continues to represent the biggest risk to energy security. #energypolicy #OOTT #auspol #Oil #energysecurity

Australian Oil Production continues to fall as conventional resources dwindle and alternative fuels are ignored. Production currently sitting at 0.12 MMbbl/day (Millions of Barrels per day). #energypolicy #OOTT #auspol #Oil #energysecurity

Aviation Turbine Fuel (Jet A/A1, the Kerosene cut) stock levels increased by 3 days to 23 days of supply cover in Dec (Feb 2019 Update). #OOTT #energypolicy #energysecurity #oil #auspol #energytwitter

Australian Condensate Production hit a December 5 year peak at ~0.2 MMbbl/day (Millions of Barrels per day). #energypolicy #OOTT #auspol #Oil #energysecurity

Australian Natural Gas Production hit another all time record in Dec 2018 of 12460Mm3 (Million Cubic Meters), however security of supply concerns remain a key issue within Australia with high domestice prices #EnergyPolicy. #OOTT #ONGT #OIL #naturalgas #EnergySecurity

Australian Oil Exports, (chortle), increased in Dec 2018 by 48% compared to Dec 2017. #energypolicy #OOTT #auspol #Oil

Australian Refined Oil Exports increased significantly (relative to a pretty low base mind you), and reached a 5 year high. #energypolicy #OOTT #auspol #Oil #energysecurity

Australian LNG Exports are in the top spot. Australia is edging ahead of Qatar's capacity in Dec 2018. However the Jan 2019 export numbers have dropped by around 6.5% #energypolicy #OOTT #auspol #Oil #energysecurity #LNG #natgas #naturalgas #ONGT

Australian Gasoline (91and 95+Octane) supplies remain at a very worrying level of only 18 days. Given the decline in Australian refinery capacity, exploiting the reserves we do have on hand may prove difficult in a crisis #auspol #OOTT #oil #energysecurity #energypolicy

Australian Diesel stocks increased by 5 days, but continues to flounder amongst the sea of uncertainty in the international oil market. #auspol #energypolicy #energysecurity #OOTT

Australian Aviation Gasoline (AvGas) is coming down from a Jan 2018 high, having more than halved in just under a year. #energypolicy #energysecurity #OOTT #auspol #OOTT

Imported Gasoline had ~18% profit margin before taxes in the 2nd half of 2018. Benchmark prices for MOPS/MOGAS 95 + lower refining costs lead to higher profit margins compared to 2017/18 but reduce Australia's #OIL security of supply #OOTT #energysecurity #energypolicy #auspol