"No point extracting more gas if it is just going overseas, as it doesn't address the problems that have caused the domestic supply issues."
Well, that's a flawed argument because there are no new applications for new LNG projects on the east coast of Australia, so every additional gas molecule produced on the east coast today would alleviate the gas shortage.
Pretty rudimentary logic.
"All resources in Australia should be earmarked for domestic use, with only the excess allowed to be exported."
There is ample gas available for domestic use - a whopping 27 trillion cubic feet of the stuff (2P contingent resource) - sitting in geologically accessible settings on Australia's east coast in very close proximity to existing gas transport and processing infrastructure, so the margin return on capital would be very attractive to any party(ies) wanting to develop the resources to supply the market.
