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Newsroom's Marc Daalder digs into the Boston Consulting Group's new report Energy to Grow. As co-author Richard Hobbs said: “Really, the main story of what’s happened in the last three years [since the last report] is just the bottom has fallen out of the gas market. We’ve seen gas supply decline 45 percent in the last six years – dramatically below what anyone was forecasting. That context, overlaid with a dry year in 2024, really exposed quite a few fragilities in our energy system.”
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Every time the price of petrol shoots up, we see the same kind of advice: ‘Fill up now before it gets even higher’; ‘Shop around for cheaper fuel’; ‘Use your 6c off a litre coupons; ‘Change the way you drive and stretch your tank’. We’re mostly short-term creatures so these are all pretty normal responses to a price shock, but if you're looking to save money on fuel the best advice is to think longer term and remove yourself from the volatility of imported energy entirely.
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