Ian Verrender

And it would have to be kept under extraordinarily high

guess, you know, really highly regulated and scientifically kept storage facilities.

And bear in mind, too, that refined fuel actually does deteriorate.

So, you know, you can't keep it for an extended period of time.

So the longer you do that and the more reserves you have, the more expensive it becomes.

Look, I think we've actually been a little fortunate because we do have this LNG export industry and the countries that supply us with liquid fuels need that gas.

So it's a very convenient arrangement.

Symbiotic somehow.

Yeah, I mean, if we didn't have that leverage over those countries, then they would be going, well, look, yeah, we understand where you're coming from here, but we've got our own needs and we have to divert our liquid fuels for our own economies.

And plus, we've got much bigger and more important customers to deal with than you.

Whereas when you sit down and go, we actually need the gas that you've got and we know you need the liquid fuel.

So how about we just make sure that we're all operating in syndication here?

That's right.

I mean, American motorists have seen prices rise at the quickest pace in history.

I think they're up around 30 to 40 percent.

So, you know, a similar kind of pain to what we're experiencing.

And the other thing, too, is I've heard Donald Trump say, we don't use the Stratiform as, you know, America doesn't import any oil out of the Middle East.

That is incorrect.

America imports quite a substantial amount of oil out of the Middle East.

I think it's around about 10% of their consumption.