July 11, 2018 Read More →

Gas Debacle – The truth behind SA’s power price surge. Why we pay the highest price in the world.

MichaelWest.com.au and Today/Tonight Adelaide:

Australia is destined to become the world’s biggest exporter of gas, writes analyst Bruce Robertson. Importing gas to solve the challenge of rampaging gas prices is ludicrous and only paves the way for the gas cartel to further profiteer at the expense of consumers. The answer is clear; a “domestic reservation policy” which earmarks Australian gas for Australia consumers. What is lacking is political will.

“Australia may soon be importing gas.”

What a bizarre, implausible statement. Australia is the second largest exporter of gas in the world. Why would we ever import gas? Our very own Department of Industry, Innovation and Science ranked Australia’s market share at 20 per cent of world gas exports in 2017.

Gas Debacle – The truth behind SA’s power price surge. Why we pay the highest price in the world.

Gas: importing exports will lead to more profiteering

Posted in: IEEFA In the News

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