Albanese cuts fuel diplomacy mission short to rush to Geelong as Bowen calls oil refinery fire ‘a setback’
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The Bottom Line
A Geelong refinery fire could cause Victorian fuel prices to spike by 20c a litre, experts warn.
How This Affects You
If you live in Victoria, Australia, you could face fuel price increases of up to 20 cents per liter and potential short-term outages at petrol stations.
AI Summary
Experts warn that Victorian fuel prices could spike by 20c a litre following a fire at the Geelong refinery. This incident may lead to short-term fuel outages at some petrol stations in the region as the refinery's output slows. The potential price increase and supply disruptions are specific to Victoria. However, national fuel supplies are not expected to be affected by the refinery's reduced output.
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