SXY 1.59% $3.10 senex energy limited

FY19 Outlook, page-30

  1. tui
    4,837 Posts.
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    I would say that the guys in the business know more than the pollies. And I am talking about the best interests for Australia.

    Australia has a looming energy crisis ahead of it. You only have to listen to how the Govt is forcing Oil companies to use it or lose it. Re oil/gas leases. Offshore ... what a laugh ) They are too scared to face up to the greenies about a program of onshore exploration that would enrichen Australia.The stuff ups they have made allowing the Lock your Gate Greenies to reign supreme is really so dumb. And t is going to get worse. Plus , Australia has only about 30 days oil reserves. Absolutely appalling.

    We should all listen carefully to what the Australian oil and gas companies are saying. This is getting serious. The other day the AEMO put out a report saying that Australia has plenty of gas. The industry says otherwise.

    Get real Australia. Get drilling.
 
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