WA ENERGY PRICES TRIPLE AFTER LABOR ALLOWS ONSHORE GAS EXPORTS

Back in 2020, WA Premier Mark McGowan gave Beach Energy, a company largely owned by his buddy Kerry Stokes, an exemption from the state’s domestic gas reservation policy. For the first time, West Australian onshore gas was allowed to be exported overseas through Woodside’s North West Shelf facility at the Burrup Hub.

New research from The Australia Institute shows that since the WA Labor opened up onshore gas exports, the state’s energy prices have tripled:

Source: The Australia Institute.

The more gas exports governments approve, the more Australian energy prices become tied to the international gas market. WA has benefitted from its domestic gas reservation policy, but now, the state’s politicians are making the same mistakes that have led to massive price hikes in the eastern states.

The WA government wants to let even more of Australia’s gas be shipped overseas to create profits for big businesses. Roger Cook’s state government is set to sign a dodgy deal with Woodside to allow 50 more years of gas exports through the North West Shelf. Anthony Albanese’s federal government looks set to follow suit.

Tell Labor: enough is enough. It’s time to stop the dodgy gas deals.