December 4, 2022

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Australia energy price increase (LNG on the east cost highest $$$ since 2016)

1 min read

Noting this, higher energy prices on Australia’s east coast (where most live) 

  • a gas plant outage in the state of Victoria
  • surging heating demand in winter
  • tight LNG marker

East coast spot gas price has hit its highest since 2016.

I wonder if the RBA will pay nay heed to this? Higher prices will impact on industry, and added cost. 

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