Lot's of discussion in mainstream media about fuel prices. Equip yourself with the current status so you can inform clients on the fly.
Latest information is a locked in maximum market price of $12 per gigajoule, how does that compare to recent history? See below graph.
AER Victorian Gas Market Prices
Fuel prices - Gas in Victoria
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Cal Forsyth
- Site Admin
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Fuel prices - Gas in Victoria
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- Gas Prices.JPG (67.44 KiB) Viewed 1376 times
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LucindaFlynn
- Posts: 6
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Re: Fuel prices - Gas in Victoria
wow that is staggering Cal!
Lucinda Flynn
Going Green Solutions
Based in Hurstbridge, VIC (Melbourne)
0434 546 881
Going Green Solutions
Based in Hurstbridge, VIC (Melbourne)
0434 546 881
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Tim Forcey
- Posts: 5
- Joined: Wed Nov 10, 2021 7:15 pm
Re: Fuel prices - Gas in Victoria
Eastern Australia used to have the cheapest gas in the developed world.
That all changed in 2015 when an export market was created... shipping liquefied gas (LNG) from Gladstone, QLD.
One of my articles: https://renew.org.au/renew-magazine/ren ... trait-gas/
Of course the chart Cal posts are wholesale prices.
Householders pay retail prices that are higher again once the costs of distribution, marketing are added to the retail price.
Households are shielded quite a bit from day to day wholesale price shocks, because part of the price householders pay is unrelated to wholesale prices (rather to distribution, marketing) and also because gas retailers have in place longer-term supply contracts.
That all changed in 2015 when an export market was created... shipping liquefied gas (LNG) from Gladstone, QLD.
One of my articles: https://renew.org.au/renew-magazine/ren ... trait-gas/
Of course the chart Cal posts are wholesale prices.
Householders pay retail prices that are higher again once the costs of distribution, marketing are added to the retail price.
Households are shielded quite a bit from day to day wholesale price shocks, because part of the price householders pay is unrelated to wholesale prices (rather to distribution, marketing) and also because gas retailers have in place longer-term supply contracts.