All posts tagged: Bruce Robertson

The gas ‘crisis’ is caused by a business model which restricts supply to Australians: IEEFA

Commenting on news that the Turnbull government will not place curbs on LNG exports, Bruce Robertson, Gas/LNG Australasia analyst at IEEFA said:

“The so called gas ‘crisis’ in Australia is not about supply. It is about a business model engineered by four energy companies – BHP, Origin Energy, Santos and Shell – to restrict supply to Australians in order to force prices up.

HoldfastThe gas ‘crisis’ is caused by a business model which restricts supply to Australians: IEEFA
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ACCC architects of the east coast gas cartel and domestic price gouging: IEEFA

Commenting on the Australian Competition and Consumer Commission’s interim gas report,  Bruce Robertson, Gas/LNG Australasia analyst, IEEFA said:

“The Australian Competition and Consumer Commission (ACCC) is one of the architects of the east coast gas cartel which has led us to a domestic energy supply crisis.

HoldfastACCC architects of the east coast gas cartel and domestic price gouging: IEEFA
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Another privately owned pipeline will fuel the ‘East Coast gas price crisis’: IEEFA

Responding to the construction of a new 622 km-long Northern Gas Pipeline owned by private business Jemena, Bruce Robertson, Gas/LNG Australasia analyst for the Institute for Energy Economics and Financial Analysis (IEEFA) said:

“Another privately owned pipeline in Australia will only fuel the gas price crisis, not lesson it as the majority of such pipelines are not subject to any pricing regulation and are hideously profitable.

HoldfastAnother privately owned pipeline will fuel the ‘East Coast gas price crisis’: IEEFA
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East coast gas problem: a cartel of producers controlling the market and gouging consumers

Commenting on the increase in electricity prices by up to 20% on July 1, Bruce Robertson, Gas/LNG Australasia analyst for the Institute for Energy Economics and Financial Analysis said: “Australians need answers for why gas prices have fallen globally in recent years while here they have risen to levels above the north Asian market, the most expensive market for gas.

HoldfastEast coast gas problem: a cartel of producers controlling the market and gouging consumers
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