Mr Gray cited the example of his home state of Western Australia, where the state’s gas prices are higher than any other Australian state because of the state’s 15 per cent domestic gas reservation policy. Mr Gray went on to call for the removal of the market policy.
Mr Gray argued that coal seam gas production is an immense opportunity for Australia, particularly rural Australia, and called for continued robust and efficient government regulation, better community engagement and better gas transmission to help address concerns over the industry, and to address rising eastern Australian gas prices.
Mr Foley’s anti-coal seam gas stance attracts opposition from other quarters
In another presentation at ADGO, former Federal Labor Minister for Resources and Energy Martin Ferguson labelled Mr Foley’s gas policy for the state as being opportunistic at the expense of job and energy security.