WDS 0.07% $27.26 woodside energy group ltd

I do not understand Labor. They say that gas is required for the...

  1. 5,227 Posts.
    lightbulb Created with Sketch. 146
    I do not understand Labor. They say that gas is required for the next 50 years as a transition fuel, yet everything they do says "we want you to shut down"

    Let's set a price for the sale of domestic gas this year and every year in the future - outcome ==> gas shortage forecast to increase as all investment is halted.

    Let's set a carbon abatement system and give in to the greens - outcome ==> gas projects that were going to proceed now have a question mark over them - outcome ==> less gas for the domestic market as investment is halted

    Let's increase the tax on gas sales through the PRRT - outcome ==> marginal projects do not progress - outcome ==> less gas for the domestic market

    BUT WAIT ==> gas is a critical resource for the next 50 years as a transition fuel.

    As I said, I don't understand Labor, they are either hypocrites or just stupid or both

    HT1
 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
(20min delay)
Last
$27.26
Change
-0.020(0.07%)
Mkt cap ! $51.83B
Open High Low Value Volume
$27.37 $27.59 $27.25 $68.53M 2.499M

Buyers (Bids)

No. Vol. Price($)
15 3226 $27.26
 

Sellers (Offers)

Price($) Vol. No.
$27.27 8780 29
View Market Depth
Last trade - 14.24pm 06/05/2024 (20 minute delay) ?
Last
$27.23
  Change
-0.020 ( 0.16 %)
Open High Low Volume
$27.37 $27.58 $27.22 1350224
Last updated 14.45pm 06/05/2024 ?
WDS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.