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East Coast gas prices and internationalism (Read 2314 times)
Grappler Deep State Feller
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East Coast gas prices and internationalism
Aug 8th, 2014 at 5:38pm
 
http://www.yourlifechoices.com.au/news/12115/20140806/domestic-gas-prices-will-s...

"Whilst our media is currently obsessing over the threat of returning jihadists from their atrocities in Syria and Iraq and, the Abbott government senses another distraction from a failed budget and asylum seeker policy, there is another long-term threat to our country.

It’s a ‘sleeper’ and, as such, not particularly sensational, so you won’t hear, read or see any mention in the mass media. However, it has surfaced on the ABC and in the business pages of the more responsible press. It’s a threat to both the household budget of every Australian and to our remaining manufacturing sector and, hence, jobs.

It’s the flow-on affect of the massive commitment in export sales of our newly developed east coast natural gas resources. Primarily coming from Queensland, it will compel all domestic customers to compete in a new global market for this much praised source of ‘cleaner’ energy – that is relative to ‘dirty’ coal. It’s worth noting the ‘clean’ credentials of natural gas are questionable but what is not questionable, in common with coal, natural gas is a fossil fuel and not renewable. ‘

Australia has the unique distinction of being the only developed country to export natural gas without protecting or quarantining a domestic supply at a lower price. When challenged on this, Industry Minister Ian Macfarlane shrugged-off any criticism by maintaining that it is the price we have to pay to operate in the global gas market."


I've pointed this out before in a comparison with petrol price in Saudi Arabia etc.. they guarantee their local price at a low level first - then flog off the rest.

We, in the hands  of the international and national robber barons, send it all off and then basically buy it back.

Dumb as.
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Laugh till you cry
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Re: East Coast gas prices and internationalism
Reply #1 - Aug 8th, 2014 at 5:59pm
 
Subsidization of energy prices doesn't work. Countries subsidizing are experiencing budget problems.

What happens with subsidies is the rich work out ways of cornering all the subsidies and Bruce and Sheila pay more.

In Malaysia there is a thriving market shipping subsidized petrol and diesel across the border into Thailand.
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Grappler Deep State Feller
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Re: East Coast gas prices and internationalism
Reply #2 - Aug 8th, 2014 at 6:22pm
 
Laugh till you cry wrote on Aug 8th, 2014 at 5:59pm:
Subsidization of energy prices doesn't work. Countries subsidizing are experiencing budget problems.

What happens with subsidies is the rich work out ways of cornering all the subsidies and Bruce and Sheila pay more.

In Malaysia there is a thriving market shipping subsidized petrol and diesel across the border into Thailand.


Excellent point and segues nicely into the Robber Baron (Pirates of The Current Eon) concept as espoused by Grappler University College of Life Studies (Politics and
Business Sharks).

This shows one thing - which could be seen as dangerous in itself - a stranglehold by government over such things and a total enforcement regime......

History shows us that this is where we are headed..... choose carefully which carriage you are on... the train has left the station and tickets are closed.....
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Re: East Coast gas prices and internationalism
Reply #3 - Aug 8th, 2014 at 6:28pm
 
The 99% carriages have been unhitched.
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freediver
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Re: East Coast gas prices and internationalism
Reply #4 - Aug 8th, 2014 at 6:44pm
 
Quote:
Australia has the unique distinction of being the only developed country to export natural gas without protecting or quarantining a domestic supply at a lower price. When challenged on this, Industry Minister Ian Macfarlane shrugged-off any criticism by maintaining that it is the price we have to pay to operate in the global gas market."


Sounds good to me - Australia is the only country not controlled by feeble minded incompetents. Why on earth is this supposed to be some kind of criticism of government policy?
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Grappler Deep State Feller
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Re: East Coast gas prices and internationalism
Reply #5 - Aug 8th, 2014 at 11:11pm
 
"
Jemena, the major gas distributor controlled by Singaporean and Chinese Government
entities, has highlighted this in its most recent application to the Australian Energy Regulator, forecasting that the Australian domestic wholesale gas prices will increase rapidly to parity with the international price"

Hello.......
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freediver
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Re: East Coast gas prices and internationalism
Reply #6 - Aug 9th, 2014 at 8:28am
 
Natural gas piped into your home is not some kind of fundamental human right. Subsidising it would be no less stupid than subsidising cars, tomatoes or television sets.
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ImSpartacus2
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Re: East Coast gas prices and internationalism
Reply #7 - Aug 9th, 2014 at 10:13am
 
Grappler Deep State Feller wrote on Aug 8th, 2014 at 5:38pm:
http://www.yourlifechoices.com.au/news/12115/20140806/domestic-gas-prices-will-s...

Australia has the unique distinction of being the only developed country to export natural gas without protecting or quarantining a domestic supply at a lower price. Dumb as.
Oh but of course all these natural resources belong to the Aust people. Yeah right. Try and put a resources tax on so that we share in some of the wealth and see where that gets you even though a huge majority of Aust people want it.   
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ImSpartacus2
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Re: East Coast gas prices and internationalism
Reply #8 - Aug 9th, 2014 at 10:21am
 
freediver wrote on Aug 8th, 2014 at 6:44pm:
Quote:
Australia has the unique distinction of being the only developed country to export natural gas without protecting or quarantining a domestic supply at a lower price. When challenged on this, Industry Minister Ian Macfarlane shrugged-off any criticism by maintaining that it is the price we have to pay to operate in the global gas market."


Sounds good to me - Australia is the only country not controlled by feeble minded incompetents. Why on earth is this supposed to be some kind of criticism of government policy?
Australian's getting cheaper prices for resources that belong to them is not a freebie.  The mineral wealth of this country has always belonged to the crown; that is, the people!!!! And just like privatisation the politicians of this country (on all sides) are virtually giving it away for free to their elite few mates (and overseas mates of their elite few mates) and we have to fight tooth and nail to get back even a small benefit to help fund our schools and health care. The dishonesty and corruption in this country is just mind boggling and you will never fix it until we get back some control over our politics.   
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Re: East Coast gas prices and internationalism
Reply #9 - Aug 9th, 2014 at 10:47am
 
Of course it is not a freebie. it is a subsidy, which is slightly less stupid.
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ImSpartacus2
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Re: East Coast gas prices and internationalism
Reply #10 - Aug 9th, 2014 at 11:18am
 
freediver wrote on Aug 9th, 2014 at 10:47am:
Of course it is not a freebie. it is a subsidy, which is slightly less stupid.
Oh and what happened to getting a fair return for what belongs to us and getting to decide on who we sell our resources to depending on price, the level of environmental protections and whether the purchaser is foreign (with profits going overseas) or local (with profits doing good here).  These people are stealing the wealth of this country with virtually no return to the Aust people and as I understand it, stealing people's stuff is the number 1 sin in capitalism or is it not stealing if the thief is a Big/Multinational capitalist. 
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Re: East Coast gas prices and internationalism
Reply #11 - Aug 9th, 2014 at 12:30pm
 
Quote:
Oh and what happened to getting a fair return for what belongs to us


Subsidising it will do the opposite.

Quote:
and getting to decide on who we sell our resources to depending on price


Subsidising it is doing the opposite.

Quote:
These people are stealing the wealth of this country


They are paying for it - more than you are prepared to pay, apparently.
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ImSpartacus2
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Re: East Coast gas prices and internationalism
Reply #12 - Aug 9th, 2014 at 12:33pm
 
freediver wrote on Aug 9th, 2014 at 12:30pm:
Quote:
Oh and what happened to getting a fair return for what belongs to us


Subsidising it will do the opposite.

Quote:
and getting to decide on who we sell our resources to depending on price


Subsidising it is doing the opposite.

Quote:
These people are stealing the wealth of this country


They are paying for it - more than you are prepared to pay, apparently.
As per usual muffdiver. Your full of cr@p
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Re: East Coast gas prices and internationalism
Reply #13 - Aug 9th, 2014 at 12:59pm
 
Anyone who in this modern day and age still supports government subsidies like this needs to go back to school.
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Laugh till you cry
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Re: East Coast gas prices and internationalism
Reply #14 - Aug 9th, 2014 at 1:43pm
 
You don't have to look further than the Clintons and Tony Blair to understand the system.

The Clinton's left office broke according to them and now they are worth many tens of millions of dollars.

Tony Blair is so busy stuffing his pockets with money he doesn't have time to scratch himself.

All leaders of all nations, including Obama, are setting themselves for the future cash grab.

This money comes from international multinational corporations and the wealthy. You don't have to guess why the former leaders qualified for the bounty.
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« Last Edit: Aug 9th, 2014 at 1:53pm by Laugh till you cry »  

Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.
 
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