The energy giant has temporarily halted production on its trouble-plagued, multi-billion dollar Prelude facility off the WA coast. So what does that mean for gas prices?
The developments come asand the war in Ukraine, which has wreaked havoc on the energy market in the eastern states.
"The problems we have domestically on the east coast are because we are coupled to the same global market and the same supply/demand balance that the Prelude exports play into," he said."On the east coast, spot prices for domestic gas can't go much higher — they sort of tend to be capped by the domestic gas market rules.
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