Friday, March 22, 2013

U.K. Gas Prices Jump to Seven-Year High as Belgian Supplies Halt

U.K. Gas Prices Jump to Seven-Year High as Belgian Supplies Halt - Bloomberg

You can be sure that the price rise will be passed to the consumer even though the Gas firms make millions in profit every year. So as well as the now normal huge price increase at the start of Winter,consumers are going to get a big rise immediately which will come, no doubt, at the end of this month.
More important, however, is the fact that we have two gas supply left. If they don't get the gas into Uk quickly, they will have nothing to sell, no matter what the price. Remember that an awful lot of commercial offices and manufacturing premises all use gas for either heating or in the process of making stuff.
There will also be the additional increase in electricity demand which comes from gas power stations. The dominoes are shaking and there could be a big fall coming very soon.  Thank goodness I use Propane for heating. I do not use gas for anything. My only worry is if there are power cuts in the electricity supply which could ruin the food in my freezers.  We shall see what happens in due course.

No comments:

(1) Walmart Employees EXPOSED For Falsely Accusing Shoppers Of Theft - YouTube

(1) Walmart Employees EXPOSED For Falsely Accusing Shoppers Of Theft - YouTube