Friday, October 21, 2011

Yeh well britain is well known for being a rip off country

High EU gas prices at odds with big supply surplus

The European Union's natural gas network is likely be oversupplied by over 10 percent of last year's entire consumption, infuriating customers howling with pain from price hikes. Same with electric supply too

Posted by mark @ 02:07 PM (1391 views)
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2 thoughts on “Yeh well britain is well known for being a rip off country

  • general congreve says:

    OK, I like all people, hate price rises and cynical profiteering, but aren’t rising energy prices exactly the sort of thing we should be cheering? It leads to lower energy cinsumption, less pollution, less rapid use of finite resources and of course it is another significant inflationary cut in the death of a thousand inflationary cuts that the BoE is inflicting on disposable incomes as a result of their ZIRP, the end result of which will be our much championed HPC as people eventually still can’t pay their mortgages because static incomes are all going on food and energy, with any luck.

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  • Would energy prices be higher or lower if they were still under public ownership? Mrs Thatcher could be to blame for selling our assets and then big energy companies most from France would not have been able to make a killing from the UK. Or is it all a smoke screen that the Government goes along with because they know they get more income from there so called green taxes.

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