This report examines the dynamics of demand and supply of resources in Australia, focusing on the east coast gas market and the impact of liquefied natural gas (LNG) on domestic supply. It identifies key players, including the Australian government, tenement holders, LNG industry, and consumers, and analyzes the economic implications of expanding the LNG market, particularly its effect on domestic gas prices and human resources. The report recommends that the Australian government consult with oil and gas organizations to establish regulations, encourage workforce development, and consider international standards. It also suggests addressing illegal flaring and incentivizing local gas supply, emphasizing the importance of balancing international demand with the sustainability of local gas industries. Desklib offers a wealth of similar reports and study tools to help students excel in their academic pursuits.