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Are Gas Prices Going To Fall More ?

molerat · 2015-02-06 16:00:47

My current supplier is showing as having the cheapest tariff for me, £75 lower than my current price. My fix ends in May and I have queried if I can change without the £30 penalty and they have said no. So if prices are likely to fall again in the near future it might be worth me holding out a little longer rather than…

Comments

scaredofdebt Posts: 1,663 Forumite

7 February 2015 at 7:31PM

Hard to predict, oil prices seem to have hit bottom for the moment but that's largely due to investors trying to make a profit.

The US oil reserves are at all-time highs so that indicates prices may fall further.

Bes thing to do is get the cheapest deal you can now without any penalty if you switch when prices fall further, if they do.

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