Gas rort, we pay more

I tried looking for the thread about this topic but gave up , patience is a virtue but I lack it at times. Seems we punters are being treated as mugs again and no govt cept WA seems interested. Bit like the gold plating happening in the electricity market.

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They tell us we have to shift our domestic gas market to world parity prices and this is why we are paying $8 a gigajoule.
Gas fetches less than $5 a gigajoule in the US, the world's largest economy. That's 60 per cent less.
In China – and this is a stunning paradox for an importer – the domestic price for gas is 14 per cent less than in Australia even at $7 a gigajoule.
"In Australia, we are not paying world 'prices' for gas, we are paying a substantial premium," says energy analyst Bruce Robertson.


Read more: http://www.smh.com.au/business/comment-and-analysis/the-gas-clubs-deals-like-their-product-are-not-to-be-seen-20141016-11726r.html#ixzz3GSiExCSE

source

Bloody labor couldn't organise a piss up in a brewery .. Look at the billions wasted on desalinations plants 100 bucks on everyone's bill ...

THE consumer bill for the nation’s largest desalination plant is set to rise to more than $2 billion, as heavy rain and soaring dam levels make redundant tremendously expensive facilities across the eastern seaboard.

New figures obtained by The Weekend Australian show the Victorian desalination plant, southeast of Melbourne, will have cost water users $1.2bn by the November 29 state election, rising to $2bn by the end of the next financial year.

The cost has soared, despite no water having been drawn from the facility since its opening in 2012 and dams being more than 80 per cent full.

The full cost of building, running and maintaining the plant is forecast to climb markedly in the next three decades.

The Victorian experience has been replicated across Australia’s east and south. Plants in Victoria, NSW, Adelaide and on the Gold Coast cost more than $10bn to build but their operations have been effectively mothballed.

Sydney’s plant is dismissed as a white elephant, with no water produced since 2012, despite costing consumers almost $200 million a year, or about $100 a year for every water user.

In Queensland, the Gold Coast desalination plant built by the previous Labor government at Tugun cost $1.2bn but has been effectively mothballed for the past few years.

In Adelaide, the 100-gigalitre-capacity desalination plant cost $2.2bn to build and was finished in December 2012 but the plant, publicly owned but operated by private contractors AdelaideAqua, will be mothballed from January 15 next year after a two-year “proving period”.
http://www.theaustralian.com.au/national-affairs/state-politics/billions-in-desalination-costs-for-not-a-drop-of-water/story-e6frgczx-1227094416376

Pete

Problem with you blokes, is that you don't look to the future.  The costs of these plants may be large but they are there for the future, should we have problems with the levels of that stuff that is ESSENTIAL to LIFE, called WATER.

Mind you the costs are nothing when compared to the $100+billion NBN disaster, aye, Pete.

Back to GAS, a friend of mine in WA has cut off his gas because of the exorbitant ADMINISTRATION costs...... five (5) separate costs.  He has found that it costs the same if his HWS is electric because he only pays one lot of administration costs and he doesn't have to worry about two bills or two different systems.  Besides, the electricity is still govt owned and therefore cheaper and better than in the Eastern States and the gas is CORPORATISED and therefore has to add private profit requirements and he states the gas company has bad service and charges huge fees for anything done that is outside of simply gas supply!!

I fail to see what a desalination plant has got to do with the price of gas.

The topic is gas rorts pete. If you want to discuss something else put up a thread of your own.

I don't think he could understand that Geo. You have to make it real simple.

Geoff :)

This may be the link you are looking for

http://www.yourlifechoices.com.au/the_meeting_place/8671

the paper must have little to write about to be rehashing it.

Thanks Abby

I knew there was one about somewhere. I would not consider it a rehash as the federal and state govts have been twiddling their thumbs and the article shows there is no imperative for us to pay parity price. Parity price and some more which amounts to a rort. There should be a domestic price as there was before the scramble to export.

Well done, Abby! 

geomac, agree, still important to be aware of these corporatisations and the effects on OUR pockets.  

We also pay dearly to supply water and energy to mega foreign MINING corporations, who simply TAKE our resources and profits from those resources overseas.... putting very little back in the form of taxes and royalties and these days don't even have to employ Australian workers or use Australian contract companies.

I will be switching over to an induction cooktop in lieu of gas shortly.

You can't beat "cooking with gas"

Love coal it has brought so many out of poverty..

You are right Soloman.  I went a different way. I wanted Gas for my cooking top, so bought a stove top that runs on bottled gas. I had the new lines put in for that and have  (2)  9 kg gas bottles, one to switch over to when the other one is empty and that gives me time to get the other refilled, wherever I can find it cheapest.

My gas for my stove now costs me $ 20.00 per every 4-5 months and my cooktop is used every day.  Plus I do a lot of jam and preserve making.   I still have an electric oven though.

I see that the Weber bbq's are excellent on gas usage.  I am talking about the Weber Q range.

Great American invention the Weber.

Bbq's and Roasts . You can even make a pizza in it

no you pay more.....I cook on wood.......get a wood heater

Can you do cave drawings ...Must be  hell fighting those Sabre tooth tigers And bogans with the Euraka star on their Utes..

Whats a euraka star and whats a Sabre tooth tiger doing in the same century as utes ?

Full moon ?

All the same bogans ....

IDEOLOGUES anticipating an imminent “green energy revolution’’ and the demise of Australia’s “dying’’ coal industry need a reality check. In the long term, as technology advances, renewables will provide the energy of the future.

At this stage, however, the timescale of when renewables will be able to generate sufficient power for domestic and industrial users at a cost-effective price is unclear. As Paul Kelly wrote on Saturday, the International Energy Agency predicts that by 2035 fossil fuels will meet 76 per cent of world energy demand and renewables will meet 18 per cent. Minerals Council of Australia chief executive Brendan Pearson notes the growth of coal in the past decade has been seven times the combined growth of wind and solar. Last year, China added three times more new coal-based electricity than wind and solar combined. More than 1.3 billion people around the world have no access to energy, and fossil fuels will be pivotal in filling that gap as poorer nations industrialise and achieve better living standards. Despite a global glut of coal, miners exported a record 158.5 million tonnes from Queensland from January to September.

http://www.theaustralian.com.au/opinion/editorials/throwing-light-on-energy-use/story-e6frg71x-1227095467658

Gas rorts is the topic and Australians paying higher prices than even overseas customers for the same gas. Gas is not a renewable and that topic if you want to discuss it is for you to open a new thread. You do seem to have trouble focusing on the topic at hand don,t you ?

Probably like the car manufacturing industry out high production cost and high taxes to blame.

Also cost to market

Keep gas quota for us 

The Grattan Institute would be the first to suggest that business requires certainty in government policy ("Householders' bills tipped to soar as gas exports begin", October 20). The same is true of households. The government encouraged households to move away from off-peak electric hot water and now it is proposing that we wear the higher prices of a free gas market. It seems that we are being forced into buying coal-fired electricity or give in to the coal seam gas lobby. If the federal government is genuine about wanting to reduce household energy bills, it will follow the example of other governments, such as Canada, and set aside a quota of natural gas production for domestic consumption at a reasonable price, while supporting the expansion of renewable energy options.

Philip Cooney Wentworth Falls


Read more: http://www.smh.com.au/comment/smh-letters/science-leads-the-way-in-the-unspun-truth-20141020-118pbk.html#ixzz3Gh2kWVOz

Rubbish economics. Another way to increase debt and dampen economic growth.

You loonies never learn.

Western Australia mandates that 15 per cent of the state’s gas be reserved for domestic consumption.

Israel, Indonesia and Egypt all have domestic market quotas for gas extracted in their boarders. While in the US gas exports must be in the public interest, a test which enables authorities to maintain a level of control over its export volumes to ensure LNG demand doesn’t outstrip supply and create price hiking shortages domestically.

In Norway, Qatar and Russia state-owned companies take on the role of a producer to ensure a domestic advantage.

http://www.businessinsider.com.au/theres-a-push-to-set-local-quotas-on-australian-gas-because-global-markets-pay-around-3-times-more-than-we-do-2014-9

And that makes it right does it ?

Shows a lack of leadership, buying votes perhaps, keeping the masses quiet, tossing crumbs comes to mind

Oh how easy it is to please the ignorant.

Problem with htese policies is that there is an opportunity cost, and economic sacrifice where the short term benefits outweigh the long term gains

Short termism or immediate gratification at the expense of long term prosperity

mmm I'm a bogan because I use renewable energy???? WOOD

I have a tonne delivered today

You also have plenty of gas coming out of your ass. Do us a favor and light a match.

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