YOU need to know!

Posted:
Sun Nov 13, 2016 1:30 pm
by Psyber
I came across this recently.

- Gas Costs 1.JPG (183 KiB) Viewed 330 times

- Gas Costs 2.JPG (204.61 KiB) Viewed 330 times
Re: YOU need to know!

Posted:
Sun Nov 13, 2016 3:49 pm
by RB
Can you summarise it in fifty words so I don't have to read it?
Re: YOU need to know!

Posted:
Sun Nov 13, 2016 4:53 pm
by 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.
Re: YOU need to know!

Posted:
Sun Nov 13, 2016 10:00 pm
by MW
I work in manufacturing and our energy costs, either has or elec has skyrocketed. It's unsustainable.