The gas debate stinks

Thursday 27 March 2025

They keep trying and keep failing to describe what is going on. SMH.

Yet a gas reservation policy now will not save Australia from the diabolically embarrassing scenario of having to import gas to keep the lights on in Melbourne and Sydney.

Understandably, Australians are having trouble getting to grips with the fact that we are one of the world’s biggest gas producers and exporters, yet we face a gas shortage in the highly populated south-east corner of the nation.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.