POLICY

Gas prices, tempers rise

THE rapid spot gas price rise on the east coast has prompted buyers and the federal opposition to call for the government to trigger its price cap while industry suggests any intervention will simply distort the market as producers will wind back exploration.

Shell's QCLNG, one of the three exports concerns on the east coast threatened by the ADGSM

Shell's QCLNG, one of the three exports concerns on the east coast threatened by the ADGSM

The Australian Consumer and Competition Commission, which has been tracking gas prices for some years as well as publishing the LNG netback price to offer a measure of transparency in an often opaque...

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