COE 4.35% 22.0¢ cooper energy limited

Ann: Orbost Asset Management Strategy, page-4

  1. 56 Posts.
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    If they want to cap at $40 then they need more drilling for supply. It's not about what's politically correct, it's about what's required to keep supply up and costs down. This is the domestic market, not the export rort that resulted in multiple huge gas plants built in Qld off tax breaks and now insufficient feed in supply to keep them running to capacity. Bad government strikes again, hostage to the lobbyists. It's this export trade that's given gas a bad name and shot the domestic supply in the foot, not to mention no cordoned production on the east coast, unlike W.A. Now they're screaming to frack onshore for export, instead of clean well production like Cooper. We need gas but not at the cost of a ruined environment.
 
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