Friday 30 September 2022 03:26 AM Labor warns the days of cheap gas are over in an astonishing blow for ... trends now

Friday 30 September 2022 03:26 AM Labor warns the days of cheap gas are over in an astonishing blow for ... trends now
Friday 30 September 2022 03:26 AM Labor warns the days of cheap gas are over in an astonishing blow for ... trends now

Friday 30 September 2022 03:26 AM Labor warns the days of cheap gas are over in an astonishing blow for ... trends now

Labor warns the days of cheap gas are OVER in a major blow for millions struggling with the cost of living - despite Australia being one of the world's largest exporters of the fuel Labour minister Madeleine King warned gas prices would not fall any time soon  Gas is expected to remain at historically high prices above $10 a gigajoule    Comes despite government agreeing a deal with the three major gas exporters

View
comments

Australians will be paying historically high gas bills for years, a Labor minister has warned. 

Resources Minister Madeleine King warned on Thursday that Aussies should not expect gas prices to return to pre-Ukraine war levels for some time. 

This means that gas is expected to remain above $10 a gigajoule, despite Australia being the world's largest exporter of gas. 

It also comes despite the government agreeing a deal with the three major gas exporters on the east coast to avoid a potential fuel shortfall next year.

LNG ­exporters have agreed to provide an extra 157 petajoules for the domestic market in 2023, after discussions with the government over supply fears.

Resources Minister Madeleine King warned on Thursday that Aussies should not expect gas prices to return to pre-Ukraine war levels

Resources Minister Madeleine King warned on

read more from dailymail.....

NEXT Female teacher, 35, is arrested after sending nude pics via text to students ... trends now