Natural gas is continuing to be transported south, showing that gas producers are serious in their response to East Coast demand no matter from where it comes.
It has been a bad couple of weeks for any hope of a non-partisan attempt by our political leaders to address Australia’s energy challenges. A fortnight ago we had the Victorian Premier adopting the language of the enviro-activist movement, telling the Commonwealth it could “frack off” with its urgings for a withdrawal of the State’s irrational gas-development bans.
In the sleight-of-hand movie ‘Gasland’, Josh Fox warned of the “industrial wasteland” which would be created by fracking in Pennsylvania. The Aussie anti-hero ‘Frackman’ followed the Fox formula, but really jumped the shark by predicting fracking would “destroy the world”.
An energy-intensive recycling plant in South Australia announced it would shut down this week, crippled by skyrocketing power prices.