Karl Explodes Over Fuel Prices: “They’re Gauging On Old Oil”

Australians are paying more than ever at the pump — and according to ANU national security expert David Leaney, the real story behind Australia’s fuel crisis is far worse than most people realise.

In this explosive interview, Karl Stefanovic challenges Leaney on the uncomfortable reality facing the country: Australia only holds about 30 days of fuel reserves, one of the lowest among developed nations.

That means floods, war in the Middle East, supply chain bottlenecks — or even insurance companies refusing to cover oil tankers — can push the system to breaking point.

Farmers are already reporting diesel shortages. Small businesses are feeling the squeeze. And Australians are watching petrol prices surge while fuel sitting in tanks was actually bought months earlier at cheaper prices.

Karl doesn’t hold back.

Is this daylight robbery at the bowser?Why are Australians paying more when the fuel was purchased cheaper months ago?Why does Australia have only 30 days of strategic fuel reserves while many countries stockpile 90 days or more?

And if diesel runs out where it matters most — on farms and in freight — what happens to the food on supermarket shelves?

This is a blunt conversation about fuel security, price gouging, government complacency, and the uncomfortable truth about how vulnerable Australia really is.

Because if the supply chain breaks… everything else breaks with it.

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