An interesting opinion piece has arisen on Newsroom by the Sustainability Council of New Zealand Executive Director, Simon Terry.

In the piece, he points out that if our international oil imports were cut,  New Zealand would be at risk of a breakdown of essential services and it would cost us hundreds of millions dollars a day.

Terry believes if we paid just one cent a litre, it would keep our own refineries open and thus not be reliant on overseas oil.

Simon Terry told Kerre McIvor keeping our refineries open is critical in making sure our essential services remain operational.

“We’ve actually got, they expect, between only ten and 20 days of fuel reserves at any one time.”

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