Australian businessman Mark Bouris criticizes the latest energy price rise, calling it 'outrageous'. The Australian Energy Regulator (AER) has reset benchmark prices higher, leading to higher power bills for households. Bouris expresses frustration over the price hikes, especially given Australia's role as a major energy exporter. Critics argue that Australia exports too much gas, leaving insufficient supply for domestic consumers. Gas significantly influences electricity prices in Australia, and the price of gas on the east coast has tripled in the past 10 years due to excessive gas exports. Australians pay more than twice the price for gas compared to Americans, despite both countries being exporters of the energy source.

Original article source: https://www.dailymail.co.uk/news/article-14521111/mark-bouris-australia-problem.html
Source Id: 8599656534