Wind power blows away gas cartel

David Llewellyn-Smith

Thursday, 26 October 2023

The gas cartel is doing its best to trash the east coast economy again with prices above Albo’s Swiss cheese price cap:

But our luck is holding. It’s been blowing a gale in southern states and wind power is keeping gas usage well down:

Power prices are still falling:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.