LNG Fires Flaring Over Australia
Today’s article will wade into the shifty and dangerous swirls of Australia’s oil and gas politics. Up for grabs are billions in royalties and earnings. But it may also be a tale of price spikes and lost jobs. In other words, it could get ugly.
But let’s hope not. NSW Treasurer Mike Baird set the agenda early in the week. He pointed out that NSW’s contracted natural gas supplies are running out. That left some big questions hanging in the air: where will the replacement gas come from, and just as important, at what cost?
The answer to the second question is most likely higher. Take this fromThe Australian:
‘The Abbott government is preparing for urgent meetings with the states to prevent a spike in energy prices from a looming gas shortage, as NSW admits that companies could go broke if the problem is not fixed.
‘Industry Minister Ian Macfarlane has made energy security a top priority as he tries to unlock more supplies, telling The Australian that “every molecule” should be extracted whenever possible.‘
According to the Australian Financial Review, NSW sources 95% of its gas from other states. So it has a choice: pay more or develop its own supply.
Paying more is about to get expensive. The contracted supply to NSW is set to dry up just as the LNG terminals around Gladstone, Queensland begin to fire up, sending fresh LNG supply over the ocean to Asia. That’s expected to triple east coast natural gas demand, soaking up spare gas from South Australia and Queensland. It could double the domestic price, at the least…
Read the rest of this article at The Daily Reckoning
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,706,868,230 |
| Stories: | 8,446,671 |
Whistler Blowers, Insiders
