The ongoing war in Iran and concerns over oil supplies from the Middle East have intensified discussions about Australia's fuel security. Queensland Premier David Crisafulli has proposed that Australia should increase its domestic oil production, claiming there is a significant oil reserve in the Taroom Trough, west of Brisbane. However, experts caution that the actual potential of these reserves remains uncertain. Currently, Australia imports approximately 80% of its crude oil, producing only 61,000 barrels per day, the lowest in over half a century. The federal Coalition has suggested making $800 million available for fuel storage projects, aiming to increase reserves to 60 days. Despite calls for new refineries, experts argue that without a sufficient local crude supply, such investments may not be economically viable. Instead, there is a growing consensus that transitioning to electric vehicles could significantly reduce fuel costs and reliance on imported oil. Advocates argue that electrification is a more sustainable long-term strategy, with electric vehicles costing significantly less to operate compared to petrol cars.