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Old 31-12-2022, 17:36   #1873
Chris
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Re: The energy crisis

Quote:
Originally Posted by ianch99 View Post
Apparently the spot prices for natural gas bought in the UK and the EU are now at pre-invasion levels. Of course, our bills will start to quickly return to their pre-invasion levels, right

Oil is also lower than pre-invasion price: https://www.theguardian.com/environm...aine-war-level
Only if our gas-fired power stations are buying their fuel at spot prices, which I understand they mainly don’t. Fixed-price contracts will have to work their way through the system first.

Petrol and diesel prices should react more quickly though, and around here at least they seem to be doing so.
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