WDS 0.40% $27.28 woodside energy group ltd

Devil in the detail in the Govt gas price cap

  1. 5,227 Posts.
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    This has just been published on the AFR website. Here is the link

    https://www.copyright link/companies/energy/near-nationalisation-shock-gas-market-changes-revealed-20221211-p5c5b6

    Here is a brief excerpt

    Shock changes to gas regulation policy revealed late on Friday go well beyond the emergency price cap on gas announced by Energy and Climate Change Minister Chris Bowen, by seeking to heavily regulate the prices of all gas sold on the east coast domestic market on an ongoing basis.

    I hope Meg does not spend another cent on Bass Strait Gas. (either mtce or capital). I hope that she lets the gas run out and Victoria and NSW can shiver. Maybe then the communist Govt in Canberra will get the picture.

    HT1
 
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