Wholesale gas prices have almost halved since June!!!!!!!

Cardew

DGJsaver wrote: »

Cardew

I took a personal comment from premier earlier that i thought was off , but hey it happens , ride over it

Yourself , espresso , and premier have given me EXCELLENT advice in the past and i am greatfull for it


Dan

I am really not in the slightest bit bothered by the comments from somebody of his ilk - someone who actually works out his ratio of 'thanks' to number of posts, and boasts about it!, surely cannot be taken seriously. (Someone apparently got 37 'thanks' for posting about a 20% reduction on Scholls corn pads.)

It is simply a pity that someone is acting like a Troll and ruining a forum, that is essentially here to offer money saving advice, by polluting so many threads.

esbo

Premier wrote: »

How many more times are you going to create threads on this subject, using that link?

http://forums.moneysavingexpert.com/showthread.html?t=1152279

Hundreds if not thousands, I will keep going untill the the gas companies reduce their prices. Which gas company are you working for by the way?
Are you worried you wil have to take a pay-cut when they are forced to cut their extortionate prices.

esbo

Premier wrote: »

Great...as long as you can take delivery of it at the Henry Hub in Louisiana :rolleyes:

True, this does then serve the U.S. East Coast, the Gulf Coast, the Midwest, and up to the Canadian border, but not to the UK!

No gas is a comodity, those are European gas prices it is linked to the price of oil
which has also dropped. Power stations can switch from oil to gas.

So you enjoy old ladies freezing to death by the way? Which gas company are you working for? Shareholder perhaps?

KimYeovil

There are some sensitive souls who could interpret the above two posts (33 and 34) as verbally abusive. Report! Report!

esbo

KimYeovil wrote: »

There are some sensitive souls who could interpret the above two posts (33 and 34) as verbally abusive. Report! Report!

I think the people who should be reported are those who defend the extortionate gas prices charged by gas companies when the price of energy worldwide has dropped.
We were told the high prices were because it is a commodity and the prices are linked to the price of oil which has plummeted. So why has the price of gas not plummeted.

One wonders about the mentality of someone who is defending these high prices what kind of person would do that when undoubtably it will cause many people to suffer severe hardship this winter and no doubt numerous deaths caused by the inability to afford to heattheir homes?

c0113tt3

hmm, all of this reminds me of kiddie console forums, better still irc channels

and to be honest, we should know better !!

Everyone has an opinion, and everyone should respect each others opinion. If anyone has any information to contribute to the discussion then say it and discuss it.

But all this crap, is just utter b****x !!

Remember, respect and discuss. Yes some people are upset with the energy companies, and maybe they have a right to be, but again we should all respect and help each other !!

Dreamnine

Without a doubt, it is a disgrace the number of elderly and disadvantaged who freeze to death each winter in Britain. This doesn't happen on anything like the same scale in other, colder European countries.

Yet what do the government and utility companies do? £uck all. More money for them.

moonrakerz

DGJsaver wrote: »

But , yes i see what your saying but lets face it , the big 6 hardly make it easy to deal with them do they !

Wouldn't argue with that !

Cardew

DGJsaver wrote: »

But , yes i see what your saying but lets face it , the big 6 hardly make it easy to deal with them do they !

I think that is a major criticism of the ‘Big 6’ and something on which the Regulator could, and should, take action.

They seem to have taken lessons from the mobile phone companies and made their tariffs just as difficult to understand. Ever leapfrogging tariffs, dual fuel discounts, standing order discounts, direct debit discounts, daily standing charge, tier1/tier2, sculpting, social tariffs, fixed tariffs, capped tariffs, regional charges, internet accounts etc etc All designed to obfuscate and confuse.

For all the advice offered in the Media, Martin and his staff and the many well informed contributors in this forum, nobody, but nobody, knows if they have made the correct choice of tariff. We are all forced to gamble.

The Government have passed legislation on some financial and insurance products that compels companies to make it absolutely clear to the layman what an agreement entails.

Why can’t the Regulator define a low/medium/high user: for example 2000/4000/6000 kWh for Electricity and 15,000/25,000/30,000 for gas and insist that energy companies give indicative costs.

mech_2

esbo wrote: »

No gas is a comodity, those are European gas prices it is linked to the price of oil which has also dropped. Power stations can switch from oil to gas.

No they aren't. They are month ahead prices on NYMEX (New York Mercantile EXchange). If you overlay the graph with Henry Hub and SAP figures (UK System Average Price) you will see how little relation US natural gas prices can bear to the UK market - for much of 2007 they were nearly twice the price!



The UK spot price is something over 70p/therm right now (off the scale on that graph) and forward prices for this coming winter are close to £1/therm.

So you enjoy old ladies freezing to death by the way? Which gas company are you working for? Shareholder perhaps?

Now that's just childish.