Angus Taylor on oil prices

Michael is joined by Angus Taylor, Liberal member for Hume and Minister for Energy & Emissions, to discuss the historic drop in oil prices and whether Australia is in a position to take advantage.

 

Global oil prices have plunged by more than 50 per cent since the start of the year, driven primarily by a supply war kicked off between Russia and OPEC countries, with both sides ramping up production to challenge the sustainability of production.