Will New South Wales run short of gas by 2016? Updated Wed 23 Apr 2014, 2:50pm AEST NSW will run short of gas by 2016, Industry Minister Ian Macfarlane says. PHOTO: NSW will run short of gas by 2016, Industry Minister Ian Macfarlane says. (AAP: Lukas Coch) MAP: Australia Gas price hikes recommended by the NSW pricing regulator IPART have renewed concerns about jobs and the impact of coal seam gas development in the state. The Independent Pricing and Regulatory Tribunal has released a draft report into regulated gas prices, which allows for an average increase in regulated gas prices of 17.6 per cent in 2014-15. Last year federal Industry Minister Ian Macfarlane made a series of dire predictions about the future of gas supply in New South Wales. Mr Macfarlane said the state would run short of gas by 2016 leaving hundreds, if not thousands, of jobs at risk unless the coal seam gas industry is developed. "We've got 4,000 agreements between farmers and the gas industry in Queensland to co-exist and that's allowed the LNG industry to develop," he told ABC Radio on September 18, 2013. "Without that in NSW, we've seen the CSG supplies stay in the ground and NSW is facing a situation now where it will run short of gas by 2016. "Literally hundreds if not thousands of jobs will be put in jeopardy in Newcastle, Sydney and Wollongong, as a result of low gas supplies and high prices that come from that." ABC Fact Check examined his claims. -- Fact or fiction: 5 common Anzac myths put to the test The story of the Anzacs at Gallipoli remains an important part of Australia's national identity. More than 8,000 Australians lost their lives in the ill-fated attempt to force passage through the Dardanelles strait and capture the Turkish capital, Constantinople. The legends of Anzac heroism, mateship and ingenuity have gone down in folklore along with names like Simpson and Jacka VC. Another part of that legend is the bungled landing in the w