Via AFR:
A doubling in short-term gas prices on the east coast is taking a huge toll on demand from industrial users as they get priced out of the market and switch to other fuels or cut back use, according to an industry expert.
Short-term east coast gas prices averaged $9.95 a gigajoule in the March quarter, double those of a year earlier, according to the latest analysis from consultancy EnergyQuest, which provides further evidence of the pressures in the domestic market.
