Slay the coal-seam price dragons

If our politicians continue to tip-toe around the obstacles to accessing Australia's vast gas reserves we're in for a price hike with severe economic consequences.

Ancient maps used “here be dragons” to mark large areas of the globe about which little or nothing was known. Here today, the same note can be attached to a topic about which a lot seems to be known but little appreciated: the east coast price prospects for gas as LNG demand kicks in.

Regardless of who wins the federal election, policymakers in Canberra and the state capitals have price dragons waiting for them in the very near future.

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