Industry backlash threatens Australia’s gas supply fix. Leaders must step up

Pakhnyushchyy/Getty Australia is one of the world’s largest exporters of liquefied natural gas (LNG). But it faces domestic gas shortages by the 2030s as old gasfields run dry. Gas exports from the east coast only began in 2015. Since then, exports have ballooned and domestic gas prices have increased dramatically. Price spikes have driven some manufacturers to the wall. Governments have had to intervene to prevent shortages. The issue is that gas companies can get much higher prices…