Fuel for thought
On Sunday, May 9, the USA's Colonial Pipeline company was held to ransom by a cyber attack out of eastern Europe.
Internet criminals exploiting corporate technological vulnerability can disrupt the economy of any nation.
The USA fuel price jumped to $3 per gallon due to shortages, equating to 83c per litre, the highest for seven years.
Fuel prices in Australia are controlled by four major oil companies, which increasingly widen their profit margins with impunity.
For our governments, the sales tax and GST from fuel sales are too lucrative and enticing to intervene.
Australians pay one of the world's highest fuel prices, which makes our cost of living almost untenable.