The International Energy Agency released a series of steps on Friday that would ease the burden of the global oil price spike.

Recognising 45 per cent of the world's oil demand comes from road transport, the agency urged workers to stay at home where possible and consider public transport if they need to travel.

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[–] 5 points 7 months ago (1 child)

Completely agree but sadly even if the war was to stop tomorrow the shut down of oil producing and refining facilities means that there will be a shortage for the next 6 months (apologies for not having a reference. I can't find the statement which I think was made by the IEA but will add it if I can).

Hopefully the state and federal governments will start pushing for more subsidies for public transport.

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  • [–] 6 points 7 months ago

    Thats the general consensus, yes - 6 months at best.

    However, every day that continues makes that "best case" less achievable.

    Today theyre talking about deployments indicating boots on the ground.

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