Another step toward greater customer confidence in the Australian natural gas market has been achieved this week, with the implementation of new disclosure rules for pipeline transportation costs.
Activists like to try to portray resource companies as bullies – despite the ongoing evidence that they themselves are commonly the source of vitriolic attacks.
Does the Northern Territory scientific inquiry into fracking know what it is talking about? For that matter, does the Commonwealth Chief Scientist, or the New South Wales Chief Scientist, or the CSIRO? The answer is obviously ‘yes’, in each instance.
There is good news for manufacturers and industrial users in the latest report on natural gas pricing – but householders in Victoria and NSW may feel they are missing out.
Last month we reported the positive draft finding of the scientific inquiry into Hydraulic Fracturing in the Northern Territory. The inquiry made a number of recommendations about regulations and initiatives to protect land and water, but its over-arching conclusion was that the ‘fracking’ risks were manageable, and with good regulation, in some cases could be eliminated altogether.
Next week the Northern Territory inquiry into hydraulic fracturing will begin its last phase of hearings and community forums. It is an important last phase – for the NT and for Australia.