ESA National Economic Panel Polls
Energy shortages - reserving Australian gas - April 2017
Proposition: "In response to energy shortages around Australia, government policies requiring gas producers to reserve some production for domestic consumption are a good way to ensure that Australian consumers have access to sufficient gas supplies while still allowing for gas exports."
Collaborator credits: we would like to thank Prof. Stephen King and Dr. David Prentice for their assistance in framing this poll question, and David for his expert overview of the results.
Overview of poll results by David Prentice
The prospect of much higher prices and reduced quantities of gas during the winter has raised a lot of concern. It has been suggested that the origin of the problem lies in local producers contracting to export large quantities. One suggested policy to keep prices down and the gas flowing is requiring producers to reserve a proportion of production for local consumption – that is, a domestic gas reservation. Western Australia has had such a policy for many years.