Australia has gone all-in on natural gas, it is in track to be the worlds biggest gas exporter. Is that a problem in the face of falling hydrocarbon prices? Y

Australia has gone all-in on natural gas, it is in track to be the worlds biggest gas exporter. Is that a problem in the face of falling hydrocarbon prices? Yes, yes it is. This thing probably remains profitable because of the economies of scale. Other projects, pipelines, etc? We shall see. The resources industry accelerates like a race car and stops like and ocean liner. Which leads to decadal wild price swings and associated profitability. But it would have a long expected lifetime and will all add up. The need for gas isn't going anywhere over the long run.