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Where are the spot prices for UK gas published?

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  • iamesbo
    iamesbo Posts: 258 Forumite
    Is this guy for real? is there some kind of conspiracy?

    Or more likely someone with too much time on their hands

    You gas company shrills seem to have plenty of time on your hands, shouldn't you be
    spending your time looking for new reserves rather than putting out propaganda to support your excessive charges?

    How come the gas price did not fall with the oil price with which it rose?
    You have not explain that have you, don't you have the time to spare to explain it?
    Or maybe there is no valid explaination?
  • or maybe i dont really care?
  • iamesbo
    iamesbo Posts: 258 Forumite
    iamesbo wrote: »
    http://www.spectrongroup.com/tabid/78/tabid/70/tabid/137/Default.aspx

    The historical data link does not work.

    I wonder why ;)

    If you have nothing to hide you don't need to hide it and the gas companies have a lot to hide, including excess profits.

    Still no answers on this one.
  • iamesbo
    iamesbo Posts: 258 Forumite
    Cardew wrote: »
    You are wasting your time.

    This forum has simply become a playground for pathetic trolls.

    No facts, no logic, just an irrational hatred of Utility companies, the Government, anyone.

    Having intervened, your past posting history will be examined in depth to see if there is another line of attack; plus of course you will undoubtedly be accused of being connected to the gas/electricty industry - a stooge!

    Oh you can talk about facts but the fact is the price of gas rose because oil was
    increasing (apparently) however it did not fall when the price of oil fell.

    This is a fact you don't like very much isn't it. You can't explain it can you.
    Your time lag explination fails because there was no such lag in the price rising,
    yet we are being told these prices will last forever apparenly.

    The gas companies can afford to employ thouands of shrills to protect its profits.
    They are rolling in it as other freeze.
  • beingjdc
    beingjdc Posts: 1,680 Forumite
    iamesbo wrote: »
    Still no answers on this one.

    It works fine from here, you must have a faulty computer. Maybe the bogeyman from Centrica hacked into it and disabled Microsoft Excel.

    But it's still the spot price, which is not very helpful. I don't think most gas is bought spot, and given that the spot price per therm has varied from 11p to £2.40 in the last decade, I doubt many people would want to see the retail price tied to it, requiring them to log on every morning to see if they can afford to switch the heating on that day.

    You could read this for one theory as to why forward prices aren't falling further http://europe.theoildrum.com/node/4699 - but you still haven't provided any sort of evidence, and it's becoming a bit tiresome. Come on, several of us have shown you where you can get all sorts of historic prices, so make a graph - wholesale forward month contract price of gas versus retail cost of gas, say for the last 10 years?

    If you really care, that is.
    Hurrah, now I have more thankings than postings, cheers everyone!
  • mech_2
    mech_2 Posts: 620 Forumite
    Just be glad you don't live in Ireland. I'm in Ireland right now. I asked a friend what they were paying for gas. At the current exchange rate it comes to 4.88p/kWh. Plus a 60 pound a year standing charge. The gas supplier (Bord Gais) is nationalised. There doesn't seem to be an alternative.

    I'm paying about 3p/kWh at home.

    I haven't seen or heard any Irish people moaning about it.
  • Aaahhh...that's the old exchange rate trick again, lol. Ireland is a Euro Zone, the fact that the Euro is strong against the British pound at the moment IN NO WAY means that your Irish friend is paying more for his gas than you are, Mech. The pound is massively down against the dollar as well in the lat week or so. Does that mean that people in the US are paying much more for their gas now than they were a couple of weeks ago?

    Another one, just so you get it: If the pound suddenly surged 100% against the Euro, would you then have to say your Irish friend is paying much less than you? :confused:

    Even the poster who hates me the most on here didn't care to get involved in this one on a previous thread (after a few late-night shandy-induced derogatory comments which he clearly regretted in the morning, lol..)
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • beingjdc
    beingjdc Posts: 1,680 Forumite
    But if the pound surged 100% against the Euro, UK gas would get cheaper, since we'd be able to pay more Euros / Norwegian Krone / Roubles / Dollars for it while paying less in pounds!

    The pound is down 8% against the Euro this year. Doesn't account for it.
    Hurrah, now I have more thankings than postings, cheers everyone!
  • beingjdc wrote: »
    But if the pound surged 100% against the Euro, UK gas would get cheaper, since we'd be able to pay more Euros / Norwegian Krone / Roubles / Dollars for it while paying less in pounds!

    The pound is down 8% against the Euro this year. Doesn't account for it.


    My point is that, if the pound surged 100% against the Euro early Monday morning and mech was still in Ireland, and I asked him for an update, using his theory, he would have to concede that his Irish friend was paying considerably less for his gas than him :p.Which, as I was attempting to demonstrate, makes a mockery of using exchange rates to compare how much the population of other countries pay for their gas.
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • ricky9
    ricky9 Posts: 141 Forumite
    Just have to put my feelings down on here.
    beingjdc what is it you want to see happen to your fuel bills up today down tomorow back up on monday to follow the ups and downs of the price of the therms.
    You may want this but i dont i prefer stability.
    Oh and yes i bet you are not on a tracker rate for your gas and electricity are you?
    Tracker rates some gas and electric companys brought them out in 2006 and had a low take up rate but most stopt them when the customers left when the price was unstable and started to go up.
    Prices will come down mid year 2009 but i think that they still have to go up in Jan or Feb yet
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