The east coast train wreck

BEACH Energy, to the best of Slugcatcher's knowledge, is not in the business of selling umbrellas, but as he was analysing the latest financial results of the Adelaide-based oil and gas producer he couldn't help but think of Beach as an umbrella vendor, with a full store, just before a torrential downpour triggered a brolly-stampede.

The east coast train wreck The east coast train wreck The east coast train wreck The east coast train wreck The east coast train wreck

If that analogy seems somewhat tortuous then you're not up to speed on the problems of the Australian east coast gas market where a supply shortage is bumping up against strong demand and impossible

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