Correct.
Plus we only have one major refiner in Aus you guessed it BP So that would mean we need to buy no petrol as all the companies in Aus buy from the same refiner. Plus Petrol companies in economic terms is classified as a cartel, as there is no real competition in price. They all follow eachother. I remember in SA a guy started Petrol wars where as an independant he brought fuel at the same cost as the big 4 and sold it for half the price. This drove prices down as everybody supported that pricing scheme, and he made money in selling volume and convenctionary products.
we need to support the small Servo's to take away market share, but unfortunately that will be hard to do as they are being squessed out by Coles and Safeway. So get used to high Petrol Prices as China pays for more oil we all suffer or profit, We profit on Steel and other riches from our earth, so does OPOC countries from theres.
As a footnote the Iraq war is war for OIL nothing else.