WDS 2.40% $24.40 woodside energy group ltd

Devil in the detail in the Govt gas price cap, page-48

  1. 240 Posts.
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    Just want to put it out there that the Liberal/National governments had been in power for the last 9 years and even though they had been warned about a massive shortage of gas supply to the East Coast of Australia over all that time they basically did very little and infact when the PEP11 project was being proposed which is 27kms off the Newcastle coastline and the companies involved were happy to feed any gas found directly into the domestic East Coast markets Scomo jumped in and secretly put himself as the minister in charge of the decision .He railroaded Mr Pitt and NOPSEMA who were both going to approve the permit extension and cancelled it in mass panic because he could see that his party were on the nose of NSW voters and thought this would be a quick fix to get him reelected .No due process and no one knew he was the decision maker ,not the companies involved ,shareholders, general public, media most of his own party or the government officials handling the process.
    So please don't sit here making out that they were a good government and totally free from any blame on the current situation.By the way they say that more than 33% on Australia's greenhouse consumption is created in the Port of Newcastle area.This is OMO but I do believe this information to be correct.
 
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