More gas than you can poke a cartel at

Advertisement

The Australian Institute with some funny analysis of the “gas shortage”.


Once again the gas industry is crying wolf and telling us we need more gas to prevent shortages. But if you read beyond the scare quotes today’s report from Australia’s Energy Market Operator report shows we already have more than enough gas.

The latest Gas Statement of Opportunities released by AEMO seems to suggest – like the previous year’s report – that Australia may be facing gas shortages. And the best way to address this is, of course, to produce more gas.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.