I am not quite sure what point you are trying to make now. I...

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  1. 618
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    I am not quite sure what point you are trying to make now. I don't think anyone would actually know with some degree of certainty that allowing for CSG drilling in NSW would actually influence domestic gas pricing unless the government put a condition on domestic reservation at a certain fixed pricing. But increasing the supply side in a constrained market should help release some price pressure. As for not looking after their existing customers and going into "death spiral", you are overlooking the fact that with the QLD LNGs starting production, the east coast customers are effectively competing against millions of customers overseas who are willing to pay for more for our gas. Pretty simple supply and demand as it is now an open market. I doubt they will have any issue with customers switching to solar panels - the reason the gas price has spiked is because there is a shortage in feeding the LNG plants. So there will be more than happy for keep feeding the gas stocks into the LNG plants from any slack created by customers moving to solar.

    As for the economics for solar, I have made a few past attempts to do the cost benefit, and yet to personally come up with a return that justifies it, especially with the feed-in tariff being so low these days. It only makes some remote sense if you are using a truck load during peak periods, which we don't since we are not home. Anyway, it is one of those things that is clearly each to their own, and there is certainly an aspect of environmentally-friendliness to solar than just pure economics.

    Not disagreeing about the potential impact of more expensive gas on alternative fuel source. That is just how the market mechanism works, isn't it? Again, not sure how this all ties back to Santos "blackmailing" NSW.

    I also think we have somehow digressed given this is the STX forum, not STO. So perhaps not the appropriate thread or forum to hold this discussion.

    618
 
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