But energy economist Liam Wagner, an associate professor from Adelaide University, said the impact could be worse than that.
The federal government has an emergency ability to force gas companies to send extra supply into the domestic market underAfter a meeting of Commonwealth, state and territory energy ministers on Thursday, the government is reviewing that option. It also wants to renegotiate the Heads of Agreement signed between gas exporters and the government.But a cold snap, flooding in Queensland's coal mines and outages at coal power plants have forced electricity generators to buy most of it.
mindless LNP criminal gov had allowed gas miners to cripple us 1000s of jobs r in danger because they r chasing profit on the spot LNG market Many did not pay tax A robbery
Great to have our governments looking after us......
This is self inflicted stupidity. We have so much gas in this country and we are deliberately ruining our families and businesses by not taking action and getting cheap gas to people
How is gas getting so expensive when we produce it here in Australia? Seems like the market is just getting inflated by greedy businessmen.
This is Labor’s plan for A Better Future yeah?
$900k monthly gas bill for a business? That's absurd. So this company pays that right? It needs to recuperate? No wonder costs of living in Australia have been over the top the last 30 years with companies paying gas bills like that
People don’t know where their power comes from when they voted did they? They also don’t understand where all their food comes from either? If it’s grown in a commercial greenhouse over winter. it’s probably heated with gas, if it grew in a field it needed fertiliser from gas.
Maybe go green and stop whinging
Australia's gas shortage is a lie .. political brains is what is in shortage.
Piss poor management by this business. Rather than lock in a firm forward gas commodity contract they played the gas commodity spot market? So the problem is management. Hope the taxpayer is not expected to bail these mugs out.
Oh but it's really haaard to be rude to our sponsors in the oil and gas industries. They have LEGAL contracts to sell the nations gas overseas at bargain prices. We need pollies with some ticker. Where is SharonClaydon when you need her?
All the gaslighting from the government, media, WEF and their strategic partners has burned through our supplies.
You are sacking 58 archival librarians Ita. Get where you belong. In the gutter🤬
So mismanagement has left your business exposed and unviable?
For a gas super rich country, our leaders and decision makers have certainly and royaly fucked us up the arse.
Bowenchris - never saw that coming…! 🤦🏼♂️🤦🏼♂️😳🤦🏼♂️🤷♂️😔
900k a month? I can’t afford that.
The left ban; fracking, exploration, pipelines and ports.. they ban investment and *cancel* anyone discussing the engineering… The left have very deliberately pushed up energy prices (carbon tax anyone?), the poor suffer, and the left couldn’t care less
NWO MASS GENOCIDE
Well states are ahead already along with the $20 billion sun in NT, cos the govt can’t provide enough power- truth sucks
I’m amazed that a business of that size hasn’t taken advantage of renewable energy… bad business planning by someone in the organisation! auspol renewableenergy
False flags everywhere
Albo’s up for it. Never fear
“Just install solar panels”…is what a fucktard green/teal voter will say
Try green energy.🤘😉👍