• fizzle@quokk.au
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    14 days ago

    Sure its “dumb” but no one wants to pay extra for lower quality stuff inperpituity just in case the yanks elect a senile idiot who shits the bed.

    We dont really have any oil anyway. We’d still have e to import all the crude. Theres some deposits here and there but none really accessible and we have no idea of the quality.

    Additionally, foreign trade hasn’t really “fallen apart” just yet. We’re one of the world’s largest LNG exporters and the people who refine diesel for us need our LNG just as badly as we need their diesel.

    Loads of energy importers in SEA are in a much worse position than us, having nothing to bargain with.