Large legacy gas assets are shutting down in almost every state, (Bayu Undan, Blacktip, Longford,Cooper Basin, NWS trains…) Seems that nobody understands depletion lol
Will create intractable energy crisis - first high prices $30/GJ - then no physical supply Intractable means there is no viable solution which implies a sustained national energy and economic crisis has started
in other words a total disaster !!
And the only solution? Lift the frack moratorium
BRU Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
