That won’t happen everyone would be broke
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Why £40?So my Gas Bill will be 40 a month before heating is turned on
Soldato
Those who receive pension credit will still be stressed out
Soldato
Was about to post that April price forecasts are higher than Jan. The only thing helping is that people will be using less gas but it’s going to be more expensive overrall still I expect. I think the reality is recession will kick in hard over winter which will reduce consumption a lot.
Soldato
I'm sure peope were saying the same thing about the current prices...
Soldato
20 quid now the price is going to double
Has everyone put back on their heating ?
That’s the reality with no intervention.
People thought £2k was crazy high, from April 23 the avg enegy use forecast is over £6k. That is just insane !!
Also, that’s the capped domestic price, what would businesses be paying by then?!
Soldato
What businesses? There won't be any left. Truss will have to find that magic money tree again and quick.
Think I’m going to submit a flexible work request to work from an all-inclusive resort in the Caribbean for a year - it’ll probably work out cheaper, be a lot more enjoyable and comfortable
I guess one way to cut income tax is to ensure there's no income to tax
It will happen unless the govt intervene. Either way the price of gas is extreme and we will be paying for it one way or another either straight away with a crash and burnt economy or over decades of higher taxes paying back all the borrowing.
Never turned it off. Have turned the temperature and times down a bit though.
Soldato
So excuse my ignorance, but if this is basically a global issue and gas producers sell on the world open market, could all the suppliers across the world collectively get together and say to the gas producers such as Shell/BP/Exon etc "**** you, we aren't paying what you're asking because its ridiculous and it isn't costing you any more than it was before to extract the gas" Meaning there would be nobody in the world willing to pay what the gas producers are asking and thus prices would have to drop?
Soldato
- Joined
- 25 Nov 2005
- Posts
- 12,487
If it's frozen the water won't flow
Collapse of supplier Bulb could add more than £150 to energy bills
Cost of bailing out UK company threatens to top £4bn by next spring because of soaring gas priceswww.theguardian.com
Significant.
Bulb might well not be the last.
I wouldn't be surprised if some of the big boys go.
With the amount of non payment coming it won't take long to plunge big suppliers into serious losses
Futures gas pricing movement in the last couple of weeks has just gone off the scale.
The only comparison I can think of is when you get a crazy high quote from a trade person because they don’t want the job. This is the market pricing so high there are few countries left that can afford it.
Hopefully some suppliers booked their Winter 22 energy in May/July.
The only comparison I can think of is when you get a crazy high quote from a trade person because they don’t want the job. This is the market pricing so high there are few countries left that can afford it.
Hopefully some suppliers booked their Winter 22 energy in May/July.
Futures gas pricing movement in the last couple of weeks has just gone off the scale.
The only comparison I can think of is when you get a crazy high quote from a trade person because they don’t want the job. This is the market pricing so high there are few countries left that can afford it.
Probably way this will find an equilibrium. Demand will go down simply as the world cannot afford it.
And with that economies will crumble.
Europe is particularly vulnerable