Some crazy stuff happening in the Australian energy market. Retailers are starting to knock back new customers, wholesale prices above retail.
East Coast gas is tied to international prices and there are warnings of reserve shortages.
https://www.abc.net.au/news/2022-06-01/australia-on-brink-of-energy-crisis/101115924
https://www.theguardian.com/austral...ng-power-prices-add-to-australias-energy-woes
Some of this is the new government laying the groundwork to blame the previous government when energy prices get to unaffordable levels for low income households, but there's no doubt Australia needs commercial gas discoveries asap. We will know within the next week if GLV are part of the solution.
