Summary: This briefing paper provides an overview of wholesale and retail gas prices in New South Wales and more broadly in the eastern Australian Market. The specific causes of gas price movements over recent years are discussed, as are consumption and supply forecasts.

Note that this paper does not deal with debates around the environmental and social impacts of the gas industry.

This is the second of a series of companion briefing papers on utilities. The first related to electricity; the next two deal with water and renewable energy sources.