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Old 03-02-2022, 19:36   #486
pip08456
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Re: Energy companies collapse

Quote:
Originally Posted by Jaymoss View Post
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
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.
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