This submission was made to the Senate Economics References Committee Inquiry into Australia's Oil and Gas Reserves on 5 November 2019 and released on the Commission's website on 11 November 2019.

The submission summarises some observations from various Commission studies. The first section of the submission explores the reasons for government regulation of petroleum (oil and gas) resources. The rest of the submission briefly discusses the approaches to allocating exploration and production rights, and policy settings for domestic gas reservation and coal seam gas.

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Australia's Oil and Gas Reserves (PDF - 487 Kb)
Australia's Oil and Gas Reserves (Word - 47 Kb)

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