“Making Cents” of the Eastern Australian Gas Market

R. Quentin Grafton*, Xunpeng Roc Shi, Ian Cronshaw

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    17 Citations (Scopus)


    The paper reviews the causes of high domestic gas prices and possible future gas shortfalls in the Eastern Australian gas market. It explains the economics of gas pricing, the effects of long-term gas contracts on domestic supplies and prices, and examines the incentives faced by gas exporters. Policies to respond to concerns over gas supply and high domestic gas prices are explored and alternatives presented.

    Original languageEnglish
    Pages (from-to)42-54
    Number of pages13
    JournalEconomic Papers
    Issue number1
    Publication statusPublished - Mar 2018


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