What dose happen to santos, origin and other gas companies when gas is no longer a major need in the next 5 / 10 years?
From memory, going by the four corner episode on gas, the experts predicted a gas price of $6/$9 being the best case but still can’t compare to USA price of $2/$3.
As we all can see there is a massive push to renewables etc. Federal goverment gas push is looking like what’s currently happening to Bitcoin. Ride the way and then come crashing down and a whole bunch of tax payers dollars down the drain.
After people comments on why gas companies will prosper in the next 5/10 years...
Next federal election should be an interesting one.
Going Green Energy
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.96 |
Change
0.010(0.13%) |
Mkt cap ! $25.85B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.00 | $7.92 | $56.82M | 7.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 46134 | $7.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.97 | 55286 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |