Australian Politics Forum - Review Of Australia's Gas Market

whiteknight

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Review Of Australia's Gas Market
Jul 2^nd, 2025 at 11:01am

Review of Australia’s gas market must end the practice of gas companies profiteering by exporting Australia’s gas overseas.
2025-07-01
greens.org.au
The Greens have said the gas market review must prevent gas companies like Santos from exploiting loopholes in the Australian market to meet their over-ambitious export contracts.

Otherwise, the review announced yesterday risks doubling down on fossil fuel dependence and undermining Australia’s climate goals by encouraging the creation of new supply instead of phasing out exports and reducing gas demand.

According to information provided by the ACCC to the Greens, Australia could save 1,452 petajoules of gas over the next decade, enough to cover domestic shortfalls without opening a single new gas field, if it stopped gas exporters from draining the domestic market.

Lines attributable to Australian Greens acting leader, Senator Sarah Hanson-Young:

“Massive gas corporations are exploiting loopholes to make massive profits off Australia’s gas. They get most of most of the gas for free, pay barely any tax, and ship it overseas for massive profits - and you’re funding their greed with every energy bill,” Hanson-Young said.

“This gas review needs to make the big polluters’ profiteering illegal, not reward the bad behaviour of the greedy gas corporations by opening new gas fields.

“With NSW currently being battered by severe storms, we’re in the grips of yet another extreme weather event made worse by coal and gas. This review isn’t an academic exercise - it has massive implications for people’s lives and the climate.

“Every new coal and gas mine makes global heating worse, and we need to be moving off expensive, dirty gas faster than we are. The Australian Greens will push to stop greedy gas corporations from profiting off people’s power bill pain.”

Lines attributable to Australian Greens resources spokesperson, Senator Steph Hodgins-May:

“The Government can't reward the gas lobby’s conduct and shift the cost to everyday Australians, who will pay higher energy bills and higher insurance prices from more intense and frequent floods and fires caused by fossil fuels.

“We don't need any new gas fields, we need to stop gas exporters like Santos robbing gas from the domestic market to sell overseas, pushing up prices for Australian households and industry.

“If the government helps homes and businesses electrify and we pass laws to stop these gas thieves in their tracks, we can transition to net zero without a single new gas mine.

“Our kids deserve a safe climate future. As we head back to parliament, the Greens will be firm, constructive and unrelenting in our push for real climate action.”

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Belgarion Gold Member Offline Australian Politics Posts: 5652 Gender:	Re: Review Of Australia's Gas Market Reply #1 - Jul 2^nd, 2025 at 11:15am Last year we were the world's largest gas exporter. Norway and Qatar were next in line. We made $2 billion. Norway and Qatar made $112 billion and $78 billion! We are being played for mugs. AnAl and his flunkies need to sort out this theft of our resources.
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Bobby.

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Re: Review Of Australia's Gas Market
Reply #2 - Jul 2^nd, 2025 at 11:24am

Belgarion wrote on Jul 2^nd, 2025 at 11:15am:

Last year we were the world's largest gas exporter. Norway and Qatar were next in line. We made $2 billion. Norway and Qatar made $112 billion and $78 billion! We are being played for mugs. AnAl and his flunkies need to sort out this theft of our resources.

It's shocking -
we are being ripped off like some colonial country in Africa.
Albo is a halfwit.

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Frank

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Re: Review Of Australia's Gas Market
Reply #3 - Jul 2^nd, 2025 at 11:45am

ABS data reveals that the manufacturing share of GDP has fallen to a record low of 5.1 per cent, down from 15 per cent in the mid ’70s. The pace of deindustrialisation has left us increasingly reliant on imports for essentials such as fuel, fertilisers and industrial materials.

Our energy and industry policies don’t align with national security imperatives. In a climate of geopolitical instability we’ve embarked on an energy transition that’s almost totally dependent on imported renewables infrastructure. As instability increases, our dependence on global supply chains exposes the country to significant risks. Unless we can ensure our energy security, the hollowing out of manufacturing industry will continue.

...

Demonising fossil fuels and wishful thinking won’t overcome these realities. Mandating a gas reservation scheme would reduce the price of electricity and ease forecast supply shortages. Lifting the nuclear ban would enable an objective assessment of next-generation technologies and test market responses. Already many countries are looking to small modular nuclear reactors to supply the energy needs of future growth industries, such as data centres.

The message from industry leaders is clear: the focus of Labor’s renewable energy transition needs to move away from the pursuit of unachievable targets to ensuring manufacturing can rely on affordable, reliable baseload power into the future. This would give meaning to the principle that energy security is national security.

Jennie George is a former ACTU president and ex-Labor MP for Throsby.

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Estragon: I can’t go on like this.
Vladimir: That’s what you think.

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Bobby.

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Re: Review Of Australia's Gas Market
Reply #4 - Jul 2^nd, 2025 at 11:51am

Frank,
Quote:

ABS data reveals that the manufacturing share of GDP has fallen
to a record low of 5.1 per cent, down from 15 per cent in the mid ’70s.

Did you know that in the 70s and even the 80s we could buy
shoes and all sorts of items made in Australia?

Now it's all imported from China.

Melbourne used to be a giant factory - but not anymore.

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freediver

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Re: Review Of Australia's Gas Market
Reply #5 - Jul 2^nd, 2025 at 12:00pm

whiteknight wrote on Jul 2^nd, 2025 at 11:01am:

Review of Australia’s gas market must end the practice of gas companies profiteering by exporting Australia’s gas overseas.
2025-07-01
greens.org.au
The Greens have said the gas market review must prevent gas companies like Santos from exploiting loopholes in the Australian market to meet their over-ambitious export contracts.

Otherwise, the review announced yesterday risks doubling down on fossil fuel dependence and undermining Australia’s climate goals by encouraging the creation of new supply instead of phasing out exports and reducing gas demand.

According to information provided by the ACCC to the Greens, Australia could save 1,452 petajoules of gas over the next decade, enough to cover domestic shortfalls without opening a single new gas field, if it stopped gas exporters from draining the domestic market.

Lines attributable to Australian Greens acting leader, Senator Sarah Hanson-Young:

“Massive gas corporations are exploiting loopholes to make massive profits off Australia’s gas. They get most of most of the gas for free, pay barely any tax, and ship it overseas for massive profits - and you’re funding their greed with every energy bill,” Hanson-Young said.

“This gas review needs to make the big polluters’ profiteering illegal, not reward the bad behaviour of the greedy gas corporations by opening new gas fields.

“With NSW currently being battered by severe storms, we’re in the grips of yet another extreme weather event made worse by coal and gas. This review isn’t an academic exercise - it has massive implications for people’s lives and the climate.

“Every new coal and gas mine makes global heating worse, and we need to be moving off expensive, dirty gas faster than we are. The Australian Greens will push to stop greedy gas corporations from profiting off people’s power bill pain.”

Lines attributable to Australian Greens resources spokesperson, Senator Steph Hodgins-May:

“The Government can't reward the gas lobby’s conduct and shift the cost to everyday Australians, who will pay higher energy bills and higher insurance prices from more intense and frequent floods and fires caused by fossil fuels.

“We don't need any new gas fields, we need to stop gas exporters like Santos robbing gas from the domestic market to sell overseas, pushing up prices for Australian households and industry.

“If the government helps homes and businesses electrify and we pass laws to stop these gas thieves in their tracks, we can transition to net zero without a single new gas mine.

“Our kids deserve a safe climate future. As we head back to parliament, the Greens will be firm, constructive and unrelenting in our push for real climate action.”

What does that even mean? They will not be permitted to export gas?

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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Labor majority government Gold Member Offline Australian Politics Posts: 1506 Gender:	Re: Review Of Australia's Gas Market Reply #6 - Jul 2^nd, 2025 at 3:12pm Lil Johnnie's gas supply contracts that don't expire until 2032
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Jasin

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Re: Review Of Australia's Gas Market
Reply #7 - Jul 2^nd, 2025 at 3:20pm

Belgarion wrote on Jul 2^nd, 2025 at 11:15am:

Last year we were the world's largest gas exporter. Norway and Qatar were next in line. We made $2 billion. Norway and Qatar made $112 billion and $78 billion! We are being played for mugs. AnAl and his flunkies need to sort out this theft of our resources.

That's shocking!

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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John Smith

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Re: Review Of Australia's Gas Market
Reply #8 - Jul 2^nd, 2025 at 3:26pm

Belgarion wrote on Jul 2^nd, 2025 at 11:15am:

Last year we were the world's largest gas exporter. Norway and Qatar were next in line. We made $2 billion. Norway and Qatar made $112 billion and $78 billion! We are being played for mugs. AnAl and his flunkies need to sort out this theft of our resources.

the retarded right have fought every effort to make resources companies pay their share ..... now it's up to Albo to sort it out? Cheesy

you've been had

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Bobby.

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Re: Review Of Australia's Gas Market
Reply #9 - Jul 2^nd, 2025 at 3:27pm

Jasin wrote on Jul 2^nd, 2025 at 3:20pm:

Belgarion wrote on Jul 2^nd, 2025 at 11:15am:

Last year we were the world's largest gas exporter. Norway and Qatar were next in line. We made $2 billion. Norway and Qatar made $112 billion and $78 billion! We are being played for mugs. AnAl and his flunkies need to sort out this theft of our resources.

That's shocking!

Yes our tax dept will go after you for owing $500 tax and
increase it to $1,000s by the time it goes to court.
They'll even sell your house to get their money but
the big guys rip us off for 100s of $billions and get away with it.

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John Smith Gold Member Offline Australian Politics Posts: 76890 Gender:	Re: Review Of Australia's Gas Market Reply #10 - Jul 2^nd, 2025 at 3:32pm ALL our natural resources should be nationalised. They belong to the country, not to whoever has laid claim to them.
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Jasin

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Re: Review Of Australia's Gas Market
Reply #11 - Jul 2^nd, 2025 at 3:48pm

Unlike America. Australia is internationally bound and hence the Lefty call for decades of Australia being a multi-culturally ruled nation. The fact that the Lefty Media doesn't recognise any domestic existence here beyond the Aborigines and their culture, shows a lack of any domestic political empowerment.

Otherwise you would have the State Premiers dominate over the Federal PMs and the Shires dominate the States as the economic priority.

You could say, the UN rules Australia with the Aborigines as the ONLY domestic entity being recognised... until such time when an independent 'other' entity USURPS the Abos to claim the domestic priority card for themselves, which America did.

Sadly for Australian politics. All that has poked its head up to try and usurp this country (via the excuse of using UK Royalty Roll Eyes

) are the Media induced celebrity Republicans riding an old world cliche of Irish verses English crap. Yeah, like Entertainers and Media celebrities know what's politically best for this country. Roll Eyes

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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Bobby. Gold Member Offline Australian Politics Posts: 111197 Melbourne Gender:	Re: Review Of Australia's Gas Market Reply #12 - Jul 2^nd, 2025 at 3:49pm John Smith wrote on Jul 2^nd, 2025 at 3:32pm: ALL our natural resources should be nationalised. They belong to the country, not to whoever has laid claim to them. That would be like Castro or Stalin - no - all we have to is demand our fair share of tax.
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Jasin Gold Member Offline Posts: 52343 Gender:	Re: Review Of Australia's Gas Market Reply #13 - Jul 2^nd, 2025 at 3:55pm Well until you provide a viable and political INDEPENDENT entity here to make Australia the priority over the international rule here. I suggest you all just learn to enjoy taking it up the arse like you have always done.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

John Smith

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Re: Review Of Australia's Gas Market
Reply #14 - Jul 2^nd, 2025 at 4:01pm

Bobby. wrote on Jul 2^nd, 2025 at 3:49pm:

John Smith wrote on Jul 2^nd, 2025 at 3:32pm:

ALL our natural resources should be nationalised. They belong to the country, not to whoever has laid claim to them.

That would be like Castro or Stalin -

no - all we have to is demand our fair share of tax.

you are the type of idiot that results in us not getting our share. You prefer what you think are clever phrases over engaging your brain. You OPPOSED the super profits tax. You oppose any mention of nationalising it. Do you expect companies to donate your 'fair share' out of the goodness of their hearts? Nationalising it is not like Stalin or Castro. Look at Norway. Their future fund is bigger than the rest of the world combined. They're not like Castro or Stalin

You shouldn't comment on thing you don't understand.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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