Fuel security

New in 2026

In 2026, 74% of Australians were in favour of increasing Australia’s emergency fuel reserves to 90 days.

Question Fuel security

Would you be in favour or against the Australian government spending approximately $20 billion over 4 years to build the required infrastructure to increase Australia’s emergency fuel reserves?

In favour 74Not in favour 24Not sure 2
  • In favour
  • Not in favour
  • Not sure
Total
All groups

2026 observation

Australia is estimated to hold between 30 and 44 days of emergency fuel reserves. However, the International Energy Agency recommends that countries should hold a minimum of 90 days of fuel reserves. Increasing Australia’s fuel reserves to 90 days would require building new infrastructure, including storage facilities at ports. Some have estimated that this would cost approximately $20 billion, over a period of four years.

The Lowy Institute commissioned a mini-poll, conducted from 18 May–2 June, in which respondents were asked whether they would be in favour of the government spending approximately $20 billion over four years to lift Australia’s emergency fuel reserves to 90 days. Three-quarters of Australians (74%) say they would be in favour of the government doing so. A quarter of Australians (24%) say they would not be in favour, and 2% say they are unsure.