A drop in gas prices helped tame inflation in December 2022. But grocery prices and housing costs continued to rise.
Articles on Gas prices
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Government attempts to manage energy prices could actually create more volatility in oil and gas markets.
Under a four-part package announced by Prime Minister Anthony Albanese after national cabinet, the assistance will be delivered through the states and territories.
The Alberta government is failing to ensure environmental liabilities are adequately accounted for and that progress is being made to address the province’s massive tailings ponds.
Public buses, subways and trains are relatively safe, fast and cheap. But competition from rideshares and concerns over COVID-19 will soon see some local agencies short of funds.
Michelle & Bruce Mountain
In this podcast, Michelle Grattan talks with Professor Bruce Mountain, Director of the Victoria Energy Policy Centre
Many voters say inflation is the issue that matters to them most as they head to the polls. The problem is, the people they choose can’t do much about it.
Americans voters are angry about everything from abortion to inflation. While anger is good for voter turnout, it’s ultimately bad for solving problems in a democracy.
The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
Shaping up as an outspoken protagonist in the current “gas wars”, Industry Minister Ed Husic this week launched a barrage of criticism at the producers.
Rod Sims & Michelle Grattan
Michelle Grattan talks with Rod Sims, former chair of the ACCC, now a professor at the Australian National University's Crawford School for Public Policy, on tax, gas and the budget.
France’s nuclear energy supply and public support schemes for households have in particular helped to limit the rise in prices.
The treasurer’s Tuesday’s appearances were his first after receiving a major rebuff when Anthony Albanese at the weekend quashed any prospect of rejigging the Stage 3 tax cuts in the budget.
How Liz Truss’s energy cost freeze could affect what you pay for heat, power and even other goods and services.
Inflation remained near a 40-year high due to a jump in the cost of food and shelter. But that might not mean the Federal Reserve will get more aggressive when it comes to monetary policy.
Why UK energy rationing is increasingly likely this winter, whether Truss likes it or not.
UK businesses are also suffering from the rising cost of living and doing business.
Hopes that prices will ease are probably wishful thinking.
The cap prevents energy retailers from making excessive profits, but places no restrictions on other parts of the supply chain.
Rising inflation rates due to supply-side factors – COVID-19, Ukraine and supply chain shortages – make countering inflation difficult for the central bank.
Top contributors
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Professorial Fellow, University of Canberra
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Energy Advisor, formerly, The University of Melbourne
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Senior Industry Fellow, Environment and Planning, RMIT University
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Professor of Global Energy, Warwick Business School, University of Warwick
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Professor of Law, Deakin University
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Senior Fellow in Energy and Climate Change, Grattan Institute
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Professor and Director of the Centre for Energy Policy, University of Strathclyde
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Professor of Sustainable Energy Business and Policy, University of Strathclyde
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Assistant Professor of Economics, Georgia Institute of Technology
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Energy Fellow, Grattan Institute
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Lecturer in International Studies, University of Washington
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Assistant Professor of Economics, Clark University
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Emeritus Professor of Sociology, Australian National University
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Lecturer in Energy Systems, University of Oxford
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Research Associate Professor, Biocomplexity Institute, University of Virginia; Cornell University