A simple solution to the east coast gas shortage, page-23

  1. 17,029 Posts.
    lightbulb Created with Sketch. 8453
    "everyone knows you favour gas exports to the nth degree..... "

    Says who?
    I'm happy to defend what I write; can't defend what you want to believe you read.

    What I favour is an economically rational outcome which involves developing the countries resources in an optimal manner, one that includes a combination of:

    1. maximising export potential to create jobs and boost government coffers via royalties, and
    2. developing resources to maintain adequate supply for domestic use.

    The influence of certain interest groups over an extended period of time have prevented that economically rational outcome to occur. The result is a market which is currently chronically under-supplied in the eastern states (with the irony being the eastern states are sitting atop more than 30,000 PJ of undeveloped gas resources).


    "and of course this will take longer to enact that pulling the so-called gas trigger.
    so zero remediation of the current crisis from you."

    The crisis would not have occurred has we invested over the past decade in the development of those 30,000 PJ of gas resources. Which is why the current crisis was being predicted years ago, by economically rational quarters.

    How goes the saying?
    "Told ya'z!"

    .
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.