Explained: Petrol, Panic Buying & Price Pressure

As global tensions and conflict in the Middle East threaten the flow of oil into Australia, the warning signs are flashing. While we aren't out of fuel yet, regional towns are already seeing shortages, prices at the bowser are climbing, and supply is at risk of running low. So, how much do we really have left, and why is our 'just-in-time' delivery system so vulnerable to international shocks?  Today, we're joined by the NRMA's Peter Khoury to explain where our fuel actually comes from and how many days of reserves we have left.  Plus, consumer behaviour expert Dr Paul Harrison joins us to discuss the psychology of panic buying and how this shortage will eventually hit your grocery bill and your commute. 🗞️ HEADLINES MAFS expert Mel Schilling has passed away aged 54 Israel says they plan to occupy a large area of southern Lebanon Miley Cyrus has posed alongside her Hannah Montana co-stars at the 20th anniversary special launch Mysterious posters around Paris are fuelling rumours of a Celine Dion come back  📩 GET IN TOUCH Got a story, news tip-off, feedback or dilemma? Send us a voice note or email us at [email protected] Get 25% off Nala with your Mamamia subscription. Click here to get your code ends April 1st. 🎙️ CREDITS Hosts: Taylah Strano & Claire Murphy Guests: Peter Khoury, Head of Media NRMA Dr Paul Harrison, consumer behaviour expert at Deakin Business School  Audio Producer: Lu Hill Group Executive Producer: Ilaria Brophy Support independent women's media Check out The Quicky Instagram here and our TikTok here Discover more Mamamia podcasts here Mamamia acknowledges the traditional owners of the land on which we have recorded this podcast.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.