Australia ranks 53rd globally in population size but 12th when it comes to consumption of petrol and 19th in consumption of diesel. If our economy continues to strengthen, our reliance on roads to move more goods will mean consumption of diesel products in particular will only go one way in the near term.

It's a solid backdrop for the biggest proposed float of the year - Viva Energy, which offers potential exposure to petrol refining, distribution and retailing.