Looming Jet Fuel Shortages?

Seems you arnt the only one

From SMH/Age “one travel agent hadn’t booked a Europe trip for two weeks”

Yeah, my business is down about 75-80% and then the cancellations on top mean the effective earn is down around 100% luckily I work on the side, i feel sorry for the junior agents caught up in this again.
 
According to the most recent data, Australia holds a 38-day supply of petrol, 30 days of diesel and 30 days of jet fuel. Stock of petrol and diesel are up since March 3, by two days and one day respectively. Diesel stocks have dropped by two days in the same period.

Source: Albanese brushes off fuel warning, as government backs ‘business as usual’

So it appears the amount of jet fuel has increased over the past weeks and we shouldn't be worried about running out of Jet Fuel?
 
So it appears the amount of jet fuel has increased over the past weeks and we shouldn't be worried about running out of Jet Fuel?
Av Fuel supply on a short term (within the last couple of weeks ) wouldn't be really affected. Airlines however are all forecasting for the future assuming the status quo remains and see a problem a few months from now.
 
Well, the Joint Australia Singapore statement on energy security does not say much

Apparently the quidpro quo is that Singapore prioritises Australia for refined fuel and Australia supplies them with LNG.
The problem is that there might not be enough fuel to prioritise.....


Screen Shot 2026-03-24 at 1.13.38 pm.png
 
Plenty of Tapas and we should get priority as a long standing highly paying customer, quid pro quo. Have we sorted out the toilet paper yet or are we pivoting to bidet’s? I might be slightly biased posting this from the land of the warm toilet seat……
 
Lots of TP at my local woolies
The usual fuel discounting cycles has basically dissappeared, so I think peole are just topping up their fuel tanks as they go.
Unlike in Japan.

 
Lots of TP at my local woolies
I think that logistics have held up okay to date (albeit with fuel surcharges being imposed on transport rates). I suspect that 3-ish weeks (once diesel supplies - and therefore deliveries - start to dwindle) will be when you start to see panic buying and a logistical heart attack strike.
 
Looks like Jetstar had swung the axe across its network. Capacity reductions across the network from May into late June. It’s very patchy and seem targeted. Some routes have lost a few frequencies, others like MEL-OOL have been pulled back by 50%. NZ seems to be the only International route hit.
 
3 weeks is too far ahead to predict anything IMO
I'll gamely predict that even if everything wraps up tomorrow (highly unlikely), oil supplies in 'Straya won't be back to some sort of normal until at least mid-May...
 
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I am starting to think my June trip to Europe is very shaky. US appears to be trying to get some sembelance of a ceasefire and Iran not interested - will not end quickly if this is true
 
I am starting to think my June trip to Europe is very shaky. US appears to be trying to get some sembelance of a ceasefire and Iran not interested - will not end quickly if this is true
I don't think it is. But with TACO, who knows.

FWIW, I've booked a Europe trip for May, TK out, BA back, so we'll see how that goes. At least they're possibly only overflying the ME (if they have the fuel).

All of this is something that didn't need to happen.
 

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