You’re gonna love this. We (Australia) give a bunch of gas away (no royalties), barely tax the companies on their profits, and then most of it gets shipped overseas so it’s expensive here.
We’re a third-world country in disguise.
(Gas is dumb and should stay in the ground, but it’s even more stupid for us not to get any revenue from it)
Freeloaders
You’re gonna love this. We (Australia) give a bunch of gas away (no royalties), barely tax the companies on their profits, and then most of it gets shipped overseas so it’s expensive here.
We’re a third-world country in disguise.
(Gas is dumb and should stay in the ground, but it’s even more stupid for us not to get any revenue from it)
https://australiainstitute.org.au/post/gas-exports-56-given-to-corporations-royalty-free/