The international gas price increased a lotI think that some exported gas contracts are tied to the price of oil.
Without a domestic gas reservation policy domestic prices rise alongside the price of exported gas.
Gas explorers say that without high prices they might as well leave it in the ground.
Similar with black thermal coal prices. Because overseas people want it Australian companies have to compete for it.
Victoria burns brown coal which until now doesn't have an export market so keeps the price low.
Seems to keep the price of their electricity lower than some places.
Although some are investigating turning that brown coal into gas.
Reminds me of those cheap lobsters I used to be able to buy years ago before they started direct flight from where I live to Asia.
Now I have to compete with Asian restaurants on price if I want a nice fresh big lobster.
