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ABC News argues that Australia's domestic gas shortage stems from exporting most output via LNG plants to Japan, Korea and China. It says Australia would need to lift output by about 50% to meet expected 2020 exports.
Strong export demand keeps Australian domestic gas tight and prices high, which raises energy costs for local industry.
abc.net.auMichael JandaApr 1, 2017After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
