▼

Friday, 13 March 2020

"It would be ironic if the Government’s 2018 ban on offshore oil and gas exploration were to cause ministers then to intervene and claim there had been 'market failure' because of a shortage of natural gas supplies." #QotD


"The Government is investigating whether it should give the Minister of Energy power to 'reallocate electricity or gas in situations of acute electricity or gas shortage.'
    "The move has alarmed the Petroleum Exploration and Production Association of New Zealand, which suggests it would be ironic if the Government’s 2018 ban on offshore oil and gas exploration were to cause ministers then to intervene and claim there had been 'market failure' because of a shortage of natural gas supplies."

~ Otago Daily Times story 'Minister seeks intervention power if gas supply runs short'
.

No comments:

Post a Comment

We welcome thoughtful disagreement.
But we do (ir)regularly moderate comments -- and we *will* delete any with insulting or abusive language. Or if they're just inane or off topic. It’s okay to disagree, but pretend you’re having a drink in the living room with the person you’re disagreeing with. This includes me.
PS: Have the honesty and courage to use your real name. That gives added weight to any opinion.