Companies are ‘holding back’ from investing in gas due to price caps

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AGL Chief Executive Damien Hicks says investors are “holding back” after the government’s intervention on gas prices.

“I think what you’re seeing is people are holding back, we’re seeing that through some of our gas suppliers,” he told Sky News Business Editor Ross Greenwood.

“Discussions are being held back, we’re waiting for that to come back – we need that supply back in the marketplace.

 

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Bullshit . There's so much gas coming out of the ground daily it's being exported

Isn’t that the whole point with the Government? They dream of a stable alternative energy source. Key word is stable!

🤣🤣🤣

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