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These are conclusions of the the Australian Competition and Consumer Commission inquiry into the competitiveness of the east coast gas market released on Friday.
Along Route 19, on the western coast, gas stations, restaurants and stores closed, and people hurriedly piled sand bags in front of doors in Hernando and Citrus Counties.
In April the head of the Australian Competition and Consumer Commission, Rod Sims, released its inquiry into the east coast gas market.
According to a presentation disclosed in the course of rate-making proceedings, PG&E stated that an internal 2007 investigation found deficiencies in a North Coast gas leak survey.
A spokeswoman for BHP Billiton Petroleum said: "The company believes supply by the [joint venture] to the east coast gas market is competitive and is effectively meeting the requirement of gas buyers currently and will continue to do so into the future.
Among other initiatives, the Coalition says it will provide $100m in incentives to boost mineral and petroleum exploration, and would convene an "urgent meeting" of state governments, gas explorers and producers and gas consumers to set in place "a workable gas supply strategy for the East Coast gas market to the year 2020".
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The lack of competition in the east-coast gas market was examined by the Australian Competition and Consumer Commission (ACCC) in April.
Traffic built up on highways leading from the coast; some gas stations ran out of fuel.
At Mr. Kaine's Bristol roundtable discussion, he was peppered with pointed questions about drilling off the Virginia coast, natural gas exploration and coal.
So for the West Coast, where gas is more expensive, you pay $42 for 3 months if you use about 50 gallons per month, which comes out to be around $0.28 per gallon.
East Coast shale gas deposits are in areas, such as the mid-Atlantic, that have historically had adequate amounts of water.
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