The podcast discusses trade tensions over potential US lamb tariffs, the government's stance on climate litigation affecting business investment, and the Prime Minister's hardline political messaging ahead of the election, while also touching on dairy market forecasts, red meat出口
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Yeah, well, what I've you know, coming having been to Singapore uh and actually met with the refiners and the fuel importers and the fuel executives. What's happened essentially, Jamie's uh is that three quarters of the crude oil that's been produced in the Middle East, half of it's actually coming through pipelines and other access points out of the Middle East, and about a quarter of it actually has been replaced by volumes from the US from West Africa and other parts of the world, uh, and there's about a quarter of what's been produced that actually, you know, is is short. And so, yes, the prices have gone up, but you know, when we look out to it now, we've got confirmed orders through to the end of July. We've got planned orders into August. Um, we've done sensible things like the Singapore, you know, um relationship, that guarantee of of no export controls is excellent. We've got the extra ninety million litres of diesel that'll be in place in the new tanks that we've built uh by the end of June. Uh, you know, we've got constant contact with the fuel importers industry, and all we're saying is look in the highly, highly unlikely event, you know, very um yeah, uh you'd have to have a severe disruption for six months or something. Um, you know, here's how we might approach that. But what we're not doing is COVID 2.0 in the next day. What we're not doing is um uh you know, telling people what they can and can't do and being a parent child uh relationship we want at adult to adult between government and industry, and that's what we've done. We've met with all the different folk from day one and made sure we've got sensible things going on, and we just have a high trust model if we ever got to that situation. So I really want New Zealanders not worrying about that. Um I know the pricing is a challenge, but even then diesel's down fifty cents or so from three or four weeks ago and it hit its highs. Um, and we've got we're we're short about our supply, which isn't the most important thing.
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