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<p>[QUOTE="jaffles, post: 12193036, member: 205910"]Yes might be the hint of whats to come. I note it does say "in some cases" so nothing like some media sensationalism to make it more than it is. </p><p><br /></p><p>In saying that, Diesel has gone up 38% since covid down here and plateaued for the week. Electricity has gone up 30% per kWh, and set to increase 50% over the next two years. Both are supply issues that use the next problem as the continued reason to stay up. Covid then Putin's war in fuel's case; unregulated sales of export gas to overseas markets and grid infrastructure for energy. </p><p><br /></p><p>The swap and go battery conversion I was looking into for a truck put it at 40% cheaper to run over diesel. But that was before energy was announced to go 50% higher. So why would you. </p><p><br /></p><p>Kind of feels like the new norm really, but can't see how people are going to continue to afford it. Mass roll out of renewables in some States has just begun but has to be paid for. Then if EV's emerge as predicted over the next 10 years, and assuming people accept the higher energy prices to run them, demand will increase so more infrastructure will be required. </p><p>If the government real in the gas companies to make energy cheaper then the compensation bill to supply the home market significantly adds to the countries huge existing deficit. If they don't jobs fall like snow flakes as companies struggle to stay open. </p><p>Existing coal based energy companies are closing their doors faster than politicians thought as there is more money in renewables, but this is creating a shortfall in supply currently with all our gas going off shore. </p><p><br /></p><p>To be honest much of this is probably foreseeable and can't see prices coming down really unless the house of cards falls. The government largely responsible for the mess over 10+ years of inactivity has gone so that's part A sorted, just waiting for the rest to follow. There talking up we may miss a recession by a whisker, but the captain of the Titanic was hoping for the same.[/QUOTE]</p><p><br /></p>
[QUOTE="jaffles, post: 12193036, member: 205910"]Yes might be the hint of whats to come. I note it does say "in some cases" so nothing like some media sensationalism to make it more than it is. In saying that, Diesel has gone up 38% since covid down here and plateaued for the week. Electricity has gone up 30% per kWh, and set to increase 50% over the next two years. Both are supply issues that use the next problem as the continued reason to stay up. Covid then Putin's war in fuel's case; unregulated sales of export gas to overseas markets and grid infrastructure for energy. The swap and go battery conversion I was looking into for a truck put it at 40% cheaper to run over diesel. But that was before energy was announced to go 50% higher. So why would you. Kind of feels like the new norm really, but can't see how people are going to continue to afford it. Mass roll out of renewables in some States has just begun but has to be paid for. Then if EV's emerge as predicted over the next 10 years, and assuming people accept the higher energy prices to run them, demand will increase so more infrastructure will be required. If the government real in the gas companies to make energy cheaper then the compensation bill to supply the home market significantly adds to the countries huge existing deficit. If they don't jobs fall like snow flakes as companies struggle to stay open. Existing coal based energy companies are closing their doors faster than politicians thought as there is more money in renewables, but this is creating a shortfall in supply currently with all our gas going off shore. To be honest much of this is probably foreseeable and can't see prices coming down really unless the house of cards falls. The government largely responsible for the mess over 10+ years of inactivity has gone so that's part A sorted, just waiting for the rest to follow. There talking up we may miss a recession by a whisker, but the captain of the Titanic was hoping for the same.[/QUOTE]
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