Australian LNG

There goes the hope for curing all of the East Coast’s energy problems.

The Albanese government is captured and is gutless: A gas reservation scheme that is implemented only on a prospective basis would do little to solve Australia’s east coast gas shortage, experts warn.

The Queensland state government on Wednesday announced the opening up of nine new areas for gas exploration across the Cooper/Eromanga and Bowen/Surat Basins to boost future supply.

In a hopeful turn of events, the Albanese government is considering imposing an East Coast gas reservation policy.

The International Energy Agency, in its latest oil market report, raised historical demand estimates.

In the early 2010s, the federal Labor government made the disastrous decision to allow the export of liquefied natural gas (LNG) from Queensland without forcing gas companies to first supply Australians.

Blah, blah.

First it was China, now it is Japan.

Now this is some good news on gas for once.

When the deeply conflicted Saul Kavonic is the go-to guy for media energy analysis, no country could survive.

Remember, gas often sets the price of electricity in the wholesale market, so this debate is immense.

Propaganda is maddening in its resistance to all truth.

This is not good news.

JKM LNG futures are still signalling gasmageddon for Australia later this year.

If Albo’s idiots have any brains at all, they will immediately spend their Trump windfall of political capital on embracing Peter Dutton’s gas reservation policies.

Saul Kavonic, head of energy research at MST Marquee, is about as as conflicted as any analyst in Australian commentary.

There is a global gas glut looming over the next five years as US and Qatari volumes surge into seaborne markets.

So says Labor legend Jenny George.

Anything that doesn’t like the LNP, The Guardian loves.

In the early last decade, the federal Labor government made the fateful decision to approve the export of liquified natural gas (LNG) out of Queensland without requiring gas companies to supply Australians first.

I appear to have written Peter Dutton’s gas policy, and what a Bobby Dazzler it is!

East Coast Australia has doubled its gas production over the past decade, yet the domestic market has been supplied with 25% less gas.

This is not about coal or renewables.

The ABC has lost the plot entirely.

Jennifer Hewitt writes a reasonable piece on the gas crisis, but her conclusion is rubbish.