The G7 has issued a formal request for all nations to avoid implementing unreasonable export restrictions on hydrocarbons and related products. #Oil #FuelExcise #Diplomacy
Nigeria's large-scale oil refinery has failed to prevent record-high gasoline prices in the country. Despite the facility's operation, fuel costs remain at peak levels. #FuelExcise #Oil #Nigeria
Chilean fixed-income investors are moving capital into inflation-linked assets following the largest gasoline price increase since 1980. The surge is attributed to the conflict in Iran. #Inflation #FuelExcise #Chile
The Polish Ministry has announced a petrol price cap of 6.16 PLN per litre. The regulation is set to take effect starting Tuesday. #FuelExcise #Poland #Oil
The International Energy Agency has issued a report outlining 10 demand-side options for governments, businesses, and households to mitigate the economic impact of rising oil prices resulting from supply disruptions in the Middle East. #Oil #FuelExcise
Australia's PM probes U.S. Iran policy, while fuel tax cuts address economic strain, impacting public trust and government accountability.
📖 democracy.observer/posts/australian-pm-seek...
#DemocracyObserver #IranPolicy #FuelExcise
An EU document warns that uncoordinated and fragmented national energy responses risk hampering trade and disrupting the market. Member states are advised to align their strategies to avoid economic instability. #Europe #FuelExcise
The Australian government has announced a 50% reduction in fuel taxes. The policy also includes government underwriting for spot cargo shipments to address supply concerns. #FuelExcise #Australia #Oil
The President of Indonesia has announced that the country's mandatory palm oil-diesel blend will increase from 40% to 50%. #Palm #FuelExcise #Indonesia
The European aviation sector has met or exceeded its 2% mandate for sustainable aviation fuel usage in 2025, according to industry reports. The target is part of a broader regional effort to reduce reliance on hydrocarbons. #FuelExcise #Europe #Oil
China exported diesel and fuel cargoes to Southeast Asian nations over the weekend, signaling support for energy-starved countries despite export curbs imposed earlier this month. #China #FuelExcise #Oil
Australian Prime Minister Anthony Albanese has announced a tax cut as the price of crude oil reaches $116 per barrel. #FuelExcise #Oil #Australia
Cuba is facing one of its worst fuel crises in decades. The shortages have resulted in widespread power blackouts and the near-paralysis of public transportation systems, disrupting daily life for millions. #FuelExcise #LatinAmerica
UK government ministers are exploring options for targeted energy bill relief specifically for vulnerable households. The proposal is currently under review. #UK #FuelExcise
Another opinion piece about the unfairness of the fuel excise as EV drivers don’t pay it. It would be fine if the issue was about fairness however it is really about rapidly decarbonising cars. We are faced with a rolling train wreck with our fossil fuel caused climate crisis. We need to […]
WTF? 😱 #Dutton #FuelExcise #Election2025
The petty nature of the political debate now unfolding. A few days in, we have a tiny #taxcut versus a temporary #fuelexcise cut; a vague #supermarket policy versus an unexplained #gas policy.
@mrseankelly.bsky.social
The depressing state of #Auspol
www.smh.com.au/politics/fed...
The #fuelexcise is paid by fuel importers / producers. A group that always consider the consumer first, and who are notably transparent with their pricing methods.
It only gets to your pocket IF the fuel companies remember to pass it on.
#ripoff #auspol
www.smh.com.au/politics/fed...
So, if you cut #FuelExcise, there's an immediate dip in inflation.
But if you then put that fuel excise back on after a year, that dip is immediately reversed.
And the point of it then ends up being...?
#Dutton
#BudgetReply
#auspol