The gas cartel breather is over. It’s back to gouging you to death with gas at $14.50Gj.
Electricity prices are still up 150% year on year. AER prices are going to jump in 25/26.
The pipelines south from QLD’S huge gas resources are still running near empty when they should be filling up much larger southern storage for winter.
Instead, there is just this corrupt bullshit.
Viva Energy has yet to complete works that are important to ascertain risks to other shipping activities from the company’s planned liquefied natural gas (LNG) import facility, despite the urging of authorities for months, Ports Victoria says.
Proponents insist the facility is vital if Victoria is to avoid a catastrophic gas shortfall.
Viva Energy has proposed extending a pier at the Geelong refinery to moor a vessel capable of carrying LNG, which could be used to supply Victorian homes and businesses during peak-demand periods.
The Victorian government, facing an imminent supply crunch that could emerge as soon as winter, had been expected to make a ruling on the project by the end of March.
The moment VIVA finishes, if it does, gas prices will double.
VIC should immediately declare all VIC gas is state-reserved and cut off supply to the north. It could survive on its remaining reserves for five years.
This would force a massive crisis in NSW and QLD and federal action to crush the export cartel.
There is an energy war underway in Australia now. It is state versus state. State versus feds. Public versus private.
Time to join the fight.
