The Australian oil and gas industry has called on the federal government to remove the wholesale gas price cap to prevent shortages across the country.
This comes after a recent report by the consumer watchdog indicated that southern states would be subject to significant shortages as early as 2027.
In a submission, the Australian Energy Producers (AEP), a peak industry body, urged the government to use the 2024-2025 federal budget to end the market intervention measures it introduced in the 2022-2023 financial year.
Read Full Article Here
Energy Sector Calls on Government to Abolish Wholesale Gas Price Caps
- by: Alfred Bui
- 02.04.24
- Source:
The Epoch Times
- 02/05/2024
Old gas hob by Myko M is licensed under Unsplash unsplash.com
Old gas hob by Myko M is licensed under Unsplash unsplash.com
Follow us
Read our latest news on any of these social networks!
Get latest news delivered daily!
We will send you breaking news right to your inbox
Have a tip? Let us know!
Recent Articles
- by: MARK SHERMAN and LINDSAY WHITEHURST
- Source:
AP News
- 03/14/2025
Trump administration asks Supreme Court to partly allow birthright citizenship restrictions
The Trump administration is asking the Supreme Court to allow restrictions on birthright citizenship to partly take effect while legal fights play out.
- by: Stepheny Price , Julia Johnson , Kelly Phares , Megan Tome
- Source:
Fox News
- 03/14/2025
Chuck Schumer will vote to keep government open: 'For Donald Trump, a shutdown would be a gift'
Senate Minority Leader Chuck Schumer, D-N.Y., says he will vote to keep the government open, warning that a shutdown has worse consequences for Americans and would only empower President Donald Trump and Elon Musk further.
- by: Ian Stark
- Source:
United Press International
- 03/14/2025
More than 2,000 laid off at Johns Hopkins University amid Trump budget cuts
Johns Hopkins University announced Thursday it's laying off over 2,000 employees amid budget cuts made by the Trump administration.
- Source:
News Max
- 03/13/2025
ICE: US Immigration Detention Maxed at 47.6K Detainees
U.S. immigration detention is filled to capacity at 47,600 detainees, a senior U.S. Immigration and Customs Enforcement official said on a call with reporters on Wednesday, adding that the Trump administration was seeking more bed space.