While you were writing that, Cairns was plunged into another of these energy security time walks where another blackout occurs. How likely do you reckon the Vertigan inquiry is going to be to call for more of these blackouts? I doubt that APA will receive less as you most of well grow bananas in Australia and move back to an agrarian economy. Without investment in energy, Australia will become worth the price of peanuts.
Yesterday Cairns CBD was plunged into darkness. Affected result of a Brisbane Cairns National Basketball League game. More energy security issues plunging Australia into crisis after the South Australian Arrium and BHP issues last month due to a statewide energy blackout.
http://www.cairnspost.com.au/news/c...d/news-story/0f9c4b64caf5c363ae1df76bf67d6645
Energy security issues will plague the Queensland election and other elections for many years to come.
Good for companies such as APA, STO, ORG and AGL, with large domestic stakes in energy production IMHO.
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