Quizzes & Puzzles0 min ago
70% increase in fuel?
will you be cutting down or carrying on as usual? something has to be done its ludicrous.
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The resource isn't dwindling too much at present, but the demand for it is increasing massively.
Your computer or new television will have been made in China using energy from oil. The new emerging economies are the reason for high fuel prices, and you are buying cheap goods from them, so it is all your fault.
The resource isn't dwindling too much at present, but the demand for it is increasing massively.
Your computer or new television will have been made in China using energy from oil. The new emerging economies are the reason for high fuel prices, and you are buying cheap goods from them, so it is all your fault.
We link our gas to prices to oil through the EU and it need not happen quote:the higher gas price in continental Europe has driven up prices in the UK. Britain has a more liberalised gas market that is not formally linked to the oil price but it has become increasingly tied to the rest of Europe as North Sea gas production has declined.
Consumer groups argue that the link between gas and oil prices should be broken because it supports co-operation between large gas producers and utilities.
Jonathan Stern, of the Oxford Institute for Energy Studies, said that there was �no reason why gas prices should be so high�.
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Consumer groups argue that the link between gas and oil prices should be broken because it supports co-operation between large gas producers and utilities.
Jonathan Stern, of the Oxford Institute for Energy Studies, said that there was �no reason why gas prices should be so high�.
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Gas and Oil trade prices are linked Internationally, not just in Britain or the EU. They have been so since 1986.
The UK until now has been largely insulated from its effects because we have been self sufficient in North Sea Gas. It is only now that we have to buy some imported gas, that the steep rises begin to hurt.
The UK until now has been largely insulated from its effects because we have been self sufficient in North Sea Gas. It is only now that we have to buy some imported gas, that the steep rises begin to hurt.