Here's why the WA Government is so supportive ... from today's press:
ExxonMobil and BHP are working to bring Victoria’s Longford gas plant back to full production as an unplanned outage combines with soaring demand to send east-coast wholesale gas prices surging to five-year highs.
Spot prices for natural gas in Victoria hit $20 a gigajoule on Tuesday, the highest since 2016, just as cold weather drives up gas demand for heating. Other east-coast spot prices are also on the rise, climbing to $20 in Sydney, $19 in Adelaide and $16 in Brisbane on Wednesday.
Twenty bucks! 'Nice little bunse ... bunsen burner - nice little earner' (to quote Ricky Gervaise in The Office; if you haven't watched it, do yourself a favour.)
OOO
Ann: Strike Set for a Transformational Second Half of 2021, page-80
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 19.5¢ | $1.138M | 5.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1354940 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1925583 | 11 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |