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Wholesale gas price.

The wholesale gas price is less than 30% it was when the UK  price cap was set.  Not seen anything in the Press.    Does this mean prices will be lower in future?

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 20 October 2022 at 10:44AM
    Which wholesale gas price?  There are hundreds.

    Do you mean the price for delivery into the UK gas grid tomorrow?  That's not much use for running your heating in February.

    Or is it the price for delivery in February?  Nice to know, but do you know how much you are going to need so that you can buy it now?  What if the price for February delivery is lower tomorrow - now you've paid more than you need to.

    Most of the wholesale market indicators, particularly those that don't relate to gas being delivered tomorrow, are still almost as high as they ever have been.
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