Originally Posted by 1andrew1 (Post 36112247)

The reduction in gas storage occurred recently - in 2017.
https://www.theguardian.com/business...h-gas-centrica

I think some responsibility must be attributed to Ofgem as well as the government and market forces.

Originally Posted by nomadking (Post 36112251)

Then how come EU countries are also badly affected?:rolleyes:

Originally Posted by Jaymoss (Post 36112231)

Dunno why you are paying that much though as they are over the old price cap figures I posted earlier in this thread
These are the October Price Cap Figures so for some reason you are paying more than them. Your Gas figure has to be wrong

Originally Posted by Taf (Post 36112258)

From Spring 2021 I was paying Orbit Electricity 11.399 per kWh, Gas 2.431 per kWh


Then in October 2021 there was a big jump Electricity 24.761 per kwh, Gas 6.018 per kwh.

Originally Posted by pip08456 (Post 36112252)

Because demand has gone up worldwide?

Originally Posted by Jaymoss (Post 36112245)

Lets be honest about this though, they are not obliged to do anything. These price rises are not this Governments fault. Increased demand has led to increased wholesale prices. If you want to blame a government you will need to go back 30 plus years and blame those who decided not to increase gas storage and not invest in more nuclear power stations

Originally Posted by Jaymoss (Post 36112259)

you typoed your gas and put 26p. I was paying similar with Avro

The electric is higher than the cap though

---------- Post added at 17:33 ---------- Previous post was at 17:30 ----------



this is why the prices are high. High demand. India and Germany are among the countries that have switched to gas and I believe China has to meaning supplies have dwindled.

Of course those farming the gas (I dunno what you would call a group of wells or fraking set ups) do not have to increase the prices they just are because of supply and demand meaning the rest of us have to pay the extra while the oligarchs are laughing all the way to the bank

Just for one minute think what will happen Russia does invade the Ukraine and the UK and EU start sanctioning them and they decide to either cut off the gas line or increase the price even more. Shell won't mind but the rest of us will

Originally Posted by pip08456 (Post 36112271)

Gas price has nohing to do with "oligarchs" Russia at present is delivering the gas that was ordered.So there's no blame there.

That said demand has risen because wind power dropped off due to lack of wind.who'd of thought?

So, any coumtry relying on renewable power now had to purchace more gas to keep the lights on.

When you have to purchse more gas you have to do it on the international market. Supply and demand, Asia is driving the price up, not Russia.

Originally Posted by TheDaddy (Post 36112266)

Let's be really honest they wouldn't do anything if they didn't think votes would be lost if they did nothing and it's clearly not their fault, 12 years in power isn't enough time to sort anything out

Originally Posted by Jaymoss (Post 36112274)

I said governments 30 years ago

Originally Posted by Jaymoss (Post 36112274)

Those who farm and sell the gas choose the price. Asia using more gas does not increase the price greed does

---------- Post added at 19:57 ---------- Previous post was at 19:57 ----------



I said governments 30 years ago

Originally Posted by TheDaddy (Post 36112285)

I know what you said and disagree with you, 12 years they've had to see the problems previous regime's have left and correct them or at least put plans in place , the fact they haven't is down to them, no one else

Originally Posted by Jaymoss (Post 36112295)

we both have our points and they are both equally correct. No government in my lifetime have ever planned for the future as far as I can see

Originally Posted by 1andrew1 (Post 36112297)

Large-scale infrastructure projects are long-term and exceed the term of the government so are planning for the future. Look at Crossrail and HS2, for example.

Originally Posted by 1andrew1 (Post 36112297)

Large-scale infrastructure projects are long-term and exceed the term of the government so are planning for the future. Look at Crossrail and HS2, for example.

Originally Posted by pip08456 (Post 36112299)

I'd rather see more nuclear power plants.