Fossil fuel company responsible for gas price raise: research

A new report has revealed Australia’s second biggest oil and gas company Santos has contributed to quadrupled gas prices on the East coast.

The research, conducted by Market Forces, found the company’s fossil fuel expansion strategy is at odds with the Paris agreement, and several financial institutions are funding the projects.

The Beetaloo Basin Project is allegedly going ahead, despite opposition from the community.

Image: Image by Michael Pointner / Pixabay

Produced By: Eduardo Jordan

Featured In Story: Kyle Robertson – Head of Research at Market Forces

First aired on The Wire, Friday 10 April 2026