AJQ 3.13% 3.1¢ armour energy limited

The absurdity of it all... "Essentially, Australia is exporting...

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  1. 109 Posts.
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    The absurdity of it all...

    "Essentially, Australia is exporting gas at a cheap price, putting that gas through the expensive liquefaction and shipping process, and then re-importing that gas and putting it through the re-gasification process. This is embedding a number of costs in our gas which we simply should not be paying."

    ....

    "This brings us to the fundamental regulatory issue of whether there is a gas “market” at all. If a market existed the gas merry-go-round could not exist. There is no gas “market” on the east coast of Australia; rather a tightly controlled cartel."

    Full article >> https://reneweconomy.com.au/a-gas-cartel-run-amok-25377/
    Last edited by thehunter: 17/07/18
 
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