My theory is Uncle Sam’s fingerprints are on high east coast gas prices. Giving it away for nothing has to put pressure on Russian’s LNG export income. The donkeys that head Origin, etc. are on board because they can gouge the home market as compensation, knowing Canberra won’t contemplate a reservation policy as part of the deal.
Comment on Who was our worst Prime Minister and why? Any notable state leaders we need to add?
Nath@aussie.zone 1 week agoWA still owns its power grid. My power bills in WA are far cheaper than they were in Victoria. These two facts are probably related.
Also, the WA government reserves a stash of gas for local reservation before companies are allowed to sell the rest “at market rate”. That gas belongs to everyone, not just the company that extracts it. This policy also helps to keep energy prices in WA reasonable.
Tregetour@lemdro.id 1 week ago
Agent641@lemmy.world 1 week ago
Public power grid, no pokies in the pubs, no toll roads, and it’s been over a week since a major sandworm attack. WA is #winning
notgold@aussie.zone 1 week ago
That’s adamn sight better than here in Vic. Shit is expensive and inefficient.