Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Western Australia just bought its own diesel reserve.
Not from the federal government but a separate state owned stockpile, stored in Wyndham in the Kimberley, controlled entirely by WA. Not to be shared with any other state.
The reason is that some of the fuel counted in Australia’s national reserve isn’t physically located in WA. It can’t reach remote communities, mining operations or farms when the distribution chain breaks down, which it did in March, when some WA miners were running on 5 days of supply.
WA uses a quarter of Australia’s total diesel. The deal they just signed is 4 million litres, potentially expanding to 12 million.
The agricultural sector alone is already 10 million litres short. At best, this buys less than 4 days.
The national stockpile is now down to 31 days of diesel. The IEA minimum is 90.
Australia hasn’t met it since 2012.
A whole state government had to buy its own fuel reserve because it can’t rely on the national one.