UK gas wholesale prices record 50% ‘super-spike’
UK gas wholesale prices have just jumped up 50% after the pipeline pumping gas between Britain and Belgium shut down unexpectedly due to a technical fault, a news report reveals.
The bad weather and below-average temperatures recorded across the UK lately have put some unusual high level of strain on gas supplies, with forecasts estimating that Britain’s gas supplies could run out next month, forcing consumer to pay a higher price on imported gas.
Unfortunately, although this huge increase in wholesale prices is most likely just a temporary occurrence, things might change for the worse on the future, with energy bills soaring even further.
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