If the news you watch actually did journalism,
Then I wouldn't have to tell you whats actually going on shadowminister.

DID I NOT TELL YOU ALL THIS YEARS AGO?
Armchair Critic,
Is that a Putin quote from several years ago ?

This is supposed to be about power prices, why not start your own
thread about Ukraine. It deserves its own.

This is supposed to be about power prices
Bazz,
Aren't they all blaming the Ukraine crisis on these increases ?

No, I have been warning of this for years, hi !
This whole problem is much older than 100 days.
The refusal to allow gas drilling in Victoria goes back years.
Similar to Narrabri but they only relented on that a couple of years
ago if I remember correctly.
They stopped oil search in the Bight only recently, 2 years ago ?
Never mind, the oil companies are getting ready to quit anyway.
When it finally sinks in that w&s won't do the job there will be a
scramble to get something--anything going.
They have destroyed the closed coal plants which will be considered
criminal when the crunch comes. I hope they do not blow up Liddel
when it closes next year.
If it closed today we would be in trouble, price at the moment in
NSW is $516.08 a megawatt/hr. That is what we are paying right now.
Wind is 16% and coal is 71% and the difference is coming from QLD.
NSW is generating 8617 and demand is 9467 Mwatt.
VIC, NSW are short but for Tas QLD & SA having some spare.
Earlier today SA, NSW, VIC & even TAS were relying on QLD.
That is interesting, SA is paying other states $25 to take the power.
You can see why the power bills are on the way up.

Hey Bazz,

"This is supposed to be about power prices, why not start your own
thread about Ukraine. It deserves its own."

Yeah that's fair, but nobody ever listens to what I say anyway, and then I'd have to respond to more people arguing with me, and as Indy says all this is blamed on Ukraine.

http://www.publicaccountant.com.au/news/energy-company-collapse-will-hurt-small-business-says-employer-association

"Electricity prices have likewise exploded as the global coal price inflates generators’ fuel costs in NSW and Queensland. Power futures have doubled over the past year and for NSW and Queensland are well above the highs of 2017-19. The war in Ukraine is the biggest factor at play."

http://www.theguardian.com/australia-news/2022/jun/02/world-of-pain-warnings-of-gas-shortages-amid-soaring-power-prices-add-to-australias-energy-woes

"Nudging $1000 per megawatt-hour in the National Electricity Market this evening"

http://markets.businessinsider.com/news/stocks/eastern-states-gas-crisis-validates-was-domestic-gas-policy-11414760

"WA’s domestic gas reservation policy may have been controversial when it was introduced in 2006, but it’s hard to argue against the wisdom of it now."

- Government incompetence, Poor planning -

I argued years ago that the only way to make Australian exports more competitive was to lower energy, transport or wage costs. (noting that lowering wage costs wouldn't be a good path) I tried to come up with ideas for housing, (relocatable homes built in factory production lines) I tried to come up with ideas for education (full online curriculum for all grades) I tried to come up with better ideas to increase employment.

Now look where we are, high energy costs, high cost of housing, shortage of teachers, mass inflation, businesses going broke etc.

I tried to come up with ideas and I'm a nobody, whats that say about the competence of government, and their stupid green policies?
- Which they still carry on with and keep promoting more immigration...

Do you all realise we've placed this embargo on ourselves?
- It's not like some other country cut off our supply.
The west has cut its own nose off to spite it's face.
- All for a country that the West interfered with and overthrew.

What am I supposed to say?