Queensland Finds Oil — So Why Can’t We Use It?

Queensland Finds Oil — So Why Can’t We Use It?

April 12, 2026 · 51 min · Season 1 · Episode 34

About this episode

The episode discusses Australia's oil discovery in Queensland and the challenges of using it amidst political and industrial hurdles.

Australia is sitting on its own oil — but can’t use it. In this episode, Queensland Premier David Crisafulli lays out what’s really going on behind the fuel crisis, and why Australia is more exposed than ever. From new drilling opportunities in regional Queensland to the reality of political red tape, this conversation breaks down how we went from energy independence to relying on global supply chains.• Oil discovery in Queensland’s “liquid gold” basin • Why new technology is unlocking deep reserves • The role of government approvals and delays • How Australia shut down its own refining industry • Why fuel security has become a national risk“We celebrated the destruction of refineries… and handed over our sovereignty.”This is about more than fuel — it’s about control, jobs, and whether Australia can rebuild its own industry.A huge thanks to Revive5 for giving me the energy to continue to workout and stay fit. Use code Karlos for 20% off at https://revive5.com.au/Karlos

People in this episode

Host: Karl Stefanovic

Guest: David Crisafulli

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Revive5

Mentioned in this episode

Places: Australia, Queensland, Queensland’s “liquid gold” basin

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