There are all kinds of gas cartel apologists on the hustings today, nitpicking over this and that in the government’s price caps.
It’s all bullshit.
All that matters is that two members of the east coast cartel – Shell and Woodside – are refusing to sell gas:
Shell and Woodside Energy have extended a suspension to enter into new supply contracts until details about the government’s proposed “reasonable price” provision, sources said.
If they want to so recklessly stick their heads out then the Albanese Government should take advantage and chop them the @#$% off. The refusal to supply gas is a major breach of national security and any firm doing so should face the full wrath of the state.
Summon the CEOs to Canberra and humiliate them with direct warnings and show trials that include drafted discriminatory export levies benchmarked at $7Gj unless maximum domestic sales resume immediately.
Or, take full advantage, and drop the levy bomb on the entire cartel.
Let’s see how shareholders like them apples.
