Menu

New gas fields won’t cut gas prices

Lock the Gate’s Naomi Hogan. Photo Tree Faerie.

Lock the Gate have responded to the Australian Competition and Consumer Commission (ACCC) Gas Inquiry Interim report by asking why the ACCC are continuing to push for new gasfields in NSW and Victoria when their own report states that there will will be ongoing high gas prices for Australians due to the gas export terminals linking our gas to international pricing.

Lock the Gate Alliance says the report clearly demonstrates the vast majority of gas produced in Australia currently is being shipped overseas.

‘The report reveals that gas exporting companies are sucking up a lion’s share of Australian gas and continuing to charge Australian gas users through the nose. 

‘The outlook for gas continues to be high cost and high risk.

‘Instead of trying to force farmers and regional communities into polluting gasfields, the Government should be helping businesses innovate to get off expensive gas in order to save money and create new jobs.

‘Onshore unconventional fracking produces expensive, difficult to extract gas. It will cost the consumer more and put Australian waterways at risk.

‘Lower cost renewable energy and solar heat is now emerging as a serious option for manufacturers and households who can take steps to get off expensive and polluting gas.’


Leave a Reply

Your email address will not be published. Required fields are marked *

 

Become a supporter of The Echo

A note from the editorial team

Some of The Echo’s editorial team: journalists Paul Bibby and Aslan Shand, editor Hans Lovejoy, photographer Jeff Dawson and Mandy Nolan

The Echo has never underestimated the intelligence and passion of its readers. In a world of corporate banality and predictability, The Echo has worked hard for more than 30 years to help keep Byron and the north coast unique with quality local journalism and creative ideas. We think this area needs more voices, reasoned analysis and ideas than just those provided by News Corp, lifestyle mags, Facebook groups and corporate newsletters.

The Echo is one hundred per cent locally owned and one hundred per cent independent. As you have probably gathered from what is happening in the media industry, it is not cheap to produce a weekly newspaper and a daily online news service of any quality.

We have always relied entirely on advertising to fund our operations, but often loyal readers who value our local, independent journalism have asked how they could help ensure our survival.

Any support you can provide to The Echo will make an enormous difference. You can make a one-off contribution or a monthly one. With your help, we can continue to support a better informed local community and a healthier democracy for another 30 years.”

Echonetdaily is made possible by the support of all of our advertisers and is brought to you by this week's sponsor Vast Ballina and Falls Festival