The Federal Government’s much panned plan for natural gas to lead Australia’s economic recovery has hit another (admittedly lesser) stumbling block that was dropped in place by one of the plan’s supporters. APPEA, which represents the country’s oil and gas explorers and producers, while still broadly supportive of the gas-led recovery plan, rubbished efforts to turn Queensland’s Wallumbilla gas supply hub into a copy of America’s Henry Hub. Its chief executive Andrew McConville said that rather than copying the Americans, Australia needs to develop its own market-driven system. A sound idea, as what works for the US ... (full story)