CTP central petroleum limited

East Coast Gas Prices heading in the right direction, page-3

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    ""(- Ben Eade, executive director of Manufacturing Australia, said the combined impact of the cold and the fifth LNG train starting up in Gladstone was placing "significant pressure" on short-term domestic gas markets, just as gas buyers had been warning.
    - Last Friday saw the first cold weather-driven demand "event", as termed by the Australian Energy Market Operator, when the spot gas price in Victoria exceeded $20 a gigajoule for a four-hour period. Prices spiked on Wednesday in Brisbane, reaching $11.95, while prices in Adelaide recently touched $18.99.

    - Brickworks had only been able to lock in gas supplies to the end of 2017. "No one will write you a contract beyond 2018 at any price, so that makes things very concerning," he said.)""

    It needs some people in government with very big balls to stop that rot. Unfortunately though, most of them, if not all of them, have been visited by the vets in the area before entering the Political circles, to do what they will do with some of the animals which needs it........ I.e. the removal of the appendages.

    The big end of town and the big corporation will always call the shots for they can make or break any government of the day, and they will always support the government which is more than willing to listen to them. STO for instance has just been caught out having contributed five differing amounts of donations to the National Party itself for their campaign.

    It seem outrageous to me though, that the price of gas is exported as in LNG at a cheaper price even after production and processing, while we are forced to having to pay more here in Australia.
 
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