'Threatening the nation': Labor and gas companies in war of words over energy plan

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Senior Cabinet Ministers have unleashed on gas companies for attempting to “threaten” Australia following the Albanese Government’s major energy market intervention.

The September Heads of Agreement deal which saw the gas companies commit to diverting all additional uncontracted LNG to the domestic market could be under threat.

Stream more on politics with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 “Gas companies want high profits at the expense of industries at the expense of workers and industries,” Mr Bowen said on Tuesday. Energy Minister Chris Bowen accused the gas companies of receiving high profits at the"expense of workers and industries". Picture: NCA NewsWire / Gary Ramage

“A lot of these players have made extraordinary profits, so, when these firms are making claims about the viability of projects, this is about them trying to maintain their profits in extraordinary times,” Mr Husic told ABC Radio National.

 

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Decrease the price, expect the supply to increase ? Did I miss something in Economics 101 🤔

Look out looks like Bowenchris AlboMP will be throwing their toys out of their cots over this!!

Stone Age welcomes Australia thanks to Albo and useless government

Good work Labor, they’ll fall into line and adhere to your communist principles now. 🤡🤡🤡🤡🤡🤡🤡🤡🤡

Scared of losing money and creating a fear campaign. Nothing more

Woke NZE politicians threatening major global energy suppliers? Has that worked anywhere recently? Absolutely not! Trying to kill them off for past 20 years & failing! It’s laughable! Council Flat Thinking , ha,ha,ha! EnergyWrapAU richwal94842899 FrankWi74044551 mattjcan

At last someone standing up to these greedy mongrels who’ve had it there way for far to long, and they don’t like it

Not much hope when albo and Bowen have been radicalised by the climate cult.

ALP Green coalition ministers acting as Communists. Who would have thought

Tear up their contracts and let the profits stay hear.Aussies jobs out sourced overseas Young Aussies not being trained look at our car industry, we can't build Bus,Trains or Ferries can't even train Aussie Doctors more bucks in training Foreign Students. 🤬

You’ve painted yourself and us into a bloody corner with your net zero bullshite!

Communists

Labor is threatening the Nation by going against commonsense economic theory price caping and pumping money into an economy both decreases supply and increases costs of supply as as addition to wages are negated by even worse inflation.

Go woke go broke... Bye Bye Labor.

Start interfering in market forces and you will soon be on the street Sonny.

ah the AustralianLabor mantra kicking in - do as we say and dont dare question it - my question why would anyone put Bowenchris in charge of anything the blokes is a numbnuts

Wasn’t it Rudd who wrote to the gas and coal companies telling them that they have no future here?

This is all on Bowenchris and AlboMP ...they can't blame Morrison for this one.....we'll see what they manage to achieve all on their own....

Haha blames someone else. Who would have thought.

BoycottShell

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