Renegade Economists Show 563
Following episode 553 (Another strange sojourn in Australia’s resource and energy policy) we delve deeper into the economic issues behind the gas price gouge with Bruce Robertson (IEEFA). We discuss policies to reduce gas prices as per international best practice. In light of further consolidation in the industry, we discuss how gas sets the baseline price for energy production in the nation. How much could energy prices fall if we got the gas price back to its’ long term price range?
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