OPINION: Sympathies all around to the Australian gas industry, which has been unfairly picked on in the past fortnight due to the electricity supply crisis in the eastern states.

The Australian media, presumably reflecting the public’s mood in New South Wales, Victoria, Queensland and South Australia, seem to have it in for the gas industry.

There is a perception in Australia that “foreign” gas majors are tax cheats or, at the very least, do not distribute their profits locally, and should be taxed a lot more.