Australian Parliament: House of Representatives · Question Time | 14th October 2026
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Implemented a National Gas Reservation Scheme that caps domestic gas price at $12 per gigajoule
$12 per gigajoule (capped price), previously >$60 per gigajoule
“‘When wind and solar have reached a saturation point, the next best thing is a gas plant… gas plants are affected by cost of gas and carbon, which leads prices up.’”
“In mid-2008, in the United States, a gigajoule of gas was $13.38… Today, it's $2.93. Why? Because they had extensive shale gas discoveries across Texas, …”
“Suspend the federal gas tax and the federal diesel tax, which would immediately drop the price of gas by 18 cents a gallon for Texans… save those who use diesel about $200 a year.”
“‘Because the most expensive generating facility sets the power price, that’s usually a gas plant, so it keeps prices on the high side.’”
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