Gas price ‘chaos’ forces capsAngela Macdonald-SmithSenior resources writerUpdated May 31, 2022 – 12.22pm, first published at 8.02amSaveShareA forecast spike in wholesale gas prices in Victoria of more than 50 times normal levels has prompted the Australian Energy Market Operator to impose a price cap, after a polar blast hitting Victoria has driven up household demand to record levels and more gas is used in power generation.Australian Industry Group chief executive Innes Willox described the recent energy price rises as “apocalyptic”, and said they “threaten chaos for industry and pain for households”.EOFY Sale. Save 50% for 3 months.Subscribe before June 30 and save 50% on every package. Cancel anytime.GET OFFERAlready a subscriber? Log in
50 times higher gas price. What else do you need to monetize BLU, when not now.
The lock the gate greens with the knitting nannas cannot produce enough warm cloth for solving the high gas price problem.
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