Wholesale gas prices in some cities have reached their highest level in a year.
Sydney and Melbourne have seen the biggest increases in the short-term market, as industrial gas users pay more than double their usual prices for supply.
It’s after the Energy Market Operator issued a threat notice this week over fears of a potential gas shortage this winter.
The shortfall is being attributed to low wind power generation and little development in new gas projects.
source
Biden still screwing Americans in gas prices
Russia now regained No#1 spot as the biggest supplier of natural gas to Germany beating the USA. Oh Nord stream you were supposed to stop this.
Under labour government. Autralian getting poorer and poorer
Australians only have over 14,000 pages of tax law, nothing in this country will become cheaper until the Australian people have 30,000 pages of tax law.
Collusion.
Get ready,a loaf of bread will cost a days wage. things are going to keep increasing
And Vic has at least 80 years of gas on land and in the the ocean but we don't touch it why Lirry Am Brosia is all scared of boogy man natural gas since if we use it we will have a CO2 cloud over our heads which will lead to tornadoes earthquakes and rainbows. And Bowen claims to go only with facts, lol where from the back of a fruitloops pack?
No wonder Labor are Anti gas, I don't think they would care if the old folks froze to death because of the high energy prices. And to them it's all about their precious cheap renewable clean energy to save the world, huh what an absolute joke.
It's an unfortunate characteristic of the left that no matter where they are in government in the world, it always eventually leads to tears and misery with the biggest losers being the lower middle and working classes. Some pundits speculated this Labor administration a single term government but I always dismissed this as implausible but these days I reckon at best they are a minority govt come 2025.
Typical Sky news propaganda, the gas prices were high under Morrison, they are high now for a number of reasons, Ukraine for one, more to do with greed of the people running the gas companies. We are one of the largest exporters of gas in the world. We have plenty of gas. They just want more gas to export to increase their profits. Opening new gas fields will not reduce the price. Threatening to take these companies' licences away unless they reduce the domestic price will.
Mainly coz liberals didn’t tax the extraction and then ring fence the domestic supply when they flogged off the licences for private gain. Liberals are not a serious bunch. Just whingers and populists
Why?Is most of it going overseas.How much does Japan pay for Aus gas compared to Aus consumers?
To some of you ghouls berating Sky go back to the ABC to enforce your biased views.
Ironically, as we export gas…..
I thought the wind blew hard 24 hours a day everywhere on the planet.
History lesson people … this problem dates back about 30 years ago with the Australian Government placing a national resource in private hands, with little regulation or assurances around safeguarding our national supply. And that subsequence governments have failed to rectify. Just another instance where self interest came before public interest. Both sides of politics are to blame.
Australia has plenty of gas, why is there a shortage, to keep the prices high. This is how the fossil fuel industry gouges Australian's.
All in the name of left wing corporate thievery will stay this way till they are force booted
we produce gas
Albo can send the Army in if they keeping gas of us. Riots and looting would not be in national security interest 😮
We export gas and get nothing from it and still pay a higher price and tax… that’s labour for you
I guess we’ll start to see some greenies with frosted moustaches then. Should go well with their nose-rings.
I am doing my part helping I do not own any heater cause cant afford it thanks Labors far left extremists running the party only lucky my landlord hasn't thrown me out and get double the rent because of Labors high immigration policy.