855 sweet spot for shale gas, page-87

No, having gas without a buyer is a near impossible situation that is easily solved.


The LNG export projects can't get themselves enough gas.
There is a shortage in Western Australia leading to double the east coast prices.

NSW (Australia's most populous state!) is forecast to have a shortage.

Asia is screaming for gas.
Japan has just signaled its intention to move away from nuclear to gas.

Europe is beholden to Russia, a situation they are urgently trying to address.

Not only is the growth in energy consumption going to be fueled by gas, but the existing energy mix is moving to gas.


There is no shortage of buyers for Australian gas.
They have a glut in the US because they don't have export facilities.