From the Telegraph. GAS producer Santos has warned NSW consumers...

From the Telegraph. GAS producer Santos has warned NSW consumers will pay more for power unless the Baird government takes urgent action to tap new gas resources.
In a submission to the parliamentary inquiry into gas supplies, the struggling energy company said the NSW was careering toward a crisis as the only mainland state without a gas industry.
“Not developing its own natural gas resources will put NSW at a competitive disadvantage and result in its customers paying unnecessarily high prices for their gas requirements,” Santos said in its submission to the Legislative Assembly’s committee on gas and liquid fuels.
Vice-president James Baulderstone told The Daily Telegraph is was a “nonsensical position” for coal seam gas opponents to argue that developing NSW gas resources would have no impact on pushing the price of gas down.
“That flies in the face of basic economic reality,” Mr Baulderstone said.
“The state hasn’t developed its resources (for three years) and now we are at crunch point.’’