Will the government’s new gas reservation plan bring down prices? Yes, if it works properly
- Written by Samantha Hepburn, Professor of Law, Deakin University
The Australian government is poised to introduce a new domestic gas reservation policy on the east coast. The plan is meant to tackle growing concerns around spiking gas prices and domestic supply. Large gas producers in Queensland export the vast majority of their gas to overseas buyers and long-reliable wells in Bass Strait are running empty.
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