YOU need to know!

[Psyber]

I came across this recently.

Gas Costs 1.JPG (183 KiB) Viewed 413 times

Gas Costs 2.JPG (204.61 KiB) Viewed 413 times

[RB]

Can you summarise it in fifty words so I don't have to read it?

[therisingblues]

Just from the first reading I'd say that we used to pay cheap domestic prices for our Liquified Natural Gas, as we had a shit load of the stuff, but since the opening of export facilities, we began paying a global price, which was higher. We are now paying a higher price than the most expensive market in the world owing to a global glut of LNG, a cartel of 5 dominant companies, and a lack of regulation and transparency in Australia. BY comparison, U.S companies have to report everything, and if they tried to pull the same stunt the differential in costs and what they charge the customer would quickly be discovered.
The solution appears to be to break up the cartel.

[MW]

I work in manufacturing and our energy costs, either has or elec has skyrocketed. It's unsustainable.