‘It’s team Australia or team greed’: Industry Minister criticises gas companies

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Industry Minister Ed Husic has criticised Australia’s gas companies as domestic gas prices continue to rise.

“All they’re doing is sucking up an Australian resource and selling it at phenomenal prices overseas and doing so in such a way that is putting pressure on manufacturers and households in this country,” Mr Husic said.

“They can either do the right thing by the country or continue to be greedy. It’s team Australia or team greed.”

 

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Wot? The government are the cause because of their slavish devotion to the myth of climate change.

We supply the world with natural gas, Japan gets it at $0.01 per liter yet some how have the highest prices for a product we pull out of the ground for cents in the dollar. This is green policy corruption and greed at play.

Blatant opportunists, they are.

Our failure to transition to renewables 10+ years ago is why there is an energy crisis & increasing extreme weather. Those that delay are being fooled by monopolies & media barons (foreign agents) who gouge consumers & pay little or no tax. taxbludger

This is the fossil fuel & nuclear monopolies' last chance to get subsidies & gouge consumers for tax free profits. They will defend it at all costs. They will dump their stranded assets due to economics & abandon their workers & naïve investors just as they have the climate.

But they had a plan 🤔

Whatever happened to the law of supply and demand. 10 years ago, in the realm of Rudd/Gillard I had to do some investigation into a gas fired power station & 25km of 66kV power line. It was 3 years old and never been used. Why? The price of gas was too high to compete with coal.

🤡 If they didn't export it, the investment to extract it wouldn't have happened. It's a failure of successive governments to not mandate a percentage available for Australian use. But what else would you expect from someone that's never worked in the private sector?

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