Beach Energy Warns Gas Price Controls Will Worsen Supply Shortfall and Undermine Australian Manufacturing
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Beach Energy Limited has warned that proposed gas price controls could exacerbate supply shortfalls and deter investment in the Australian manufacturing sector. CEO Brett Woods stated that such measures would discourage domestic exploration and production, ultimately harming jobs and economic growth. Instead, Beach Energy advocates for the removal of regulatory barriers and incentives to boost local gas supply, emphasizing the need for collaboration between industry and producers.
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