Glenn James
speaker
323 appearances
1 recordings
1 series
first heard Apr 2026
last heard 14 Apr
Glenn James’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.
Appearances
How do global oil supply chains effectively flow through – like I fueled up here in Newcastle at Carrington the other day.
My diesel was over freaking $3 a litre.
How does the supply chains actually work and why have advanced economies like Australia effectively outsourced the refining?
And I'm just throwing you all these questions, Brian, to solve the problem.
No, that's fine.
And, you know, if things do cool down –
How long will it take for fuel and diesel prices to maybe get back to normal?
And before Brian Parker from Australian Retirement Trust answers this question, we actually are recording on the 10th of April at about 11 a.m.
Yeah, can you solve all the world's problems, Brian, particularly with my diesel Ranger that I need to fill up?
Yeah, that's an important point as well because the – it's – from what I've understood, it's not easy just to turn off and turn on an oil plant.
And if they do refine the oil, well, if the ships aren't moving, what are we going to do with it?
So it's kind of cascades.
That's very much.
So with the, I guess we see on the news the price of a barrel of oil, and we know that one barrel could make, I don't know, I'm making this up, you might know, 60% regular unleaded, 20% diesel, 20% jet fuel, because they use different parts of the process.
Yeah, correct.
So if only 20% of the world's oil does come through one part...
Why do the prices move so savagely based on 20%?
Yeah.
So, I guess if you had your income of 100 grand and you lost 20% of your income.
that $20,000 you've lost would impact a lot of things in your life.
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