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The catastrophic stupidity of gas imports laid bare

January 23, 2025 - 11:30 -- Admin

Australia’s gas price is already insane. There isn’t a reserved molecule on the East Coast that can’t be extracted for profit at $7Gj, and most of it is half of that, yet the spot price is $14Gj, 400% higher than historical averages. As a direct result, electricity prices are up 160% year on year and

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