matty Posted October 3, 2006 Share Posted October 3, 2006 Wonder if this will help the MEA out at all?? Clicky Link to comment Share on other sites More sharing options...
Tempus Fugit Posted October 3, 2006 Share Posted October 3, 2006 someone hadn't been paying attention ! I expect the MEA will be locked into some agreement for the next 20 years and unable to get free gas Link to comment Share on other sites More sharing options...
Gladys Posted October 4, 2006 Share Posted October 4, 2006 I saw this item on the BBC2 lunchtime news yesterday and it would seem that these prices (to do with how much gas is pumped down the pipeline from Norway, [is it?], but the point was made gas prices do not behave like other commodity prices) are very much at the wholesale level at the moment and are unlikely to impact on domestic prices for 12 to 18 months as they have yet to trickle down to the retail supplier. Link to comment Share on other sites More sharing options...
Lonan3 Posted October 4, 2006 Share Posted October 4, 2006 Perhaps the most relevant part of the article is: "You won't see the effect from this on lower domestic bills until after the winter," said Chris Bowden, chief executive of energy services company Utilyx. Link to comment Share on other sites More sharing options...
haX0red_Account Posted October 4, 2006 Share Posted October 4, 2006 definitely don't get your hopes up: MEA will have hedged over the average so forget it. and anyway, even if there was more storage, they'd still be paying more for their hedge so we'll never see it! Link to comment Share on other sites More sharing options...
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