Banker Posted February 3, 2022 Share Posted February 3, 2022 Can’t see how our gas prices can be held low for much longer unless we’re waiting for Manx gas to collapse! Quote Link to comment Share on other sites More sharing options...
0bserver Posted February 3, 2022 Share Posted February 3, 2022 2 minutes ago, Banker said: unless we’re waiting for Manx gas to collapse! Every cloud and all that. 3 Quote Link to comment Share on other sites More sharing options...
Banker Posted February 3, 2022 Share Posted February 3, 2022 Prices going up soon, maybe 40/50? https://www.manxradio.com/news/isle-of-man-news/gas-customers-warned-another-price-hike-could-be-on-horizon/?fbclid=IwAR1zrdJsKBUps9LHAh_RKsq52y41dQsojFpLfSsluDeH80PAqkkRKxLQkAY Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted February 3, 2022 Share Posted February 3, 2022 It's appalling. All the speculating, hedging, future trading and all that shite has completely destroyed anything like a real market for gas. The whole thing needs a total reset, it is absurd and out of control. 1 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 3, 2022 Share Posted February 3, 2022 (edited) Putin has many levers at his disposal....if you want to destabilise neighbouring economies, start with energy prices that you have control of and upon which everything else is dependant in those neighbouring economies. Bojo will do the rest by himself. Edited February 3, 2022 by Non-Believer extra bit Quote Link to comment Share on other sites More sharing options...
Happier diner Posted February 5, 2022 Share Posted February 5, 2022 On 2/3/2022 at 6:40 PM, TheTeapot said: It's appalling. All the speculating, hedging, future trading and all that shite has completely destroyed anything like a real market for gas. The whole thing needs a total reset, it is absurd and out of control. I think you are correct. The market is being driven by panic. Must to the benefit of the producers. Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 5, 2022 Share Posted February 5, 2022 Oil prices now on the rise too, driven by cold weather sweeping across the States apparently...(Sky News) Quote Link to comment Share on other sites More sharing options...
Banker Posted February 5, 2022 Share Posted February 5, 2022 23 minutes ago, Non-Believer said: Oil prices now on the rise too, driven by cold weather sweeping across the States apparently...(Sky News) Just ordered a fill , wonder what price will be on delivery Thursday Quote Link to comment Share on other sites More sharing options...
finlo Posted February 5, 2022 Share Posted February 5, 2022 37 minutes ago, Banker said: Just ordered a fill , wonder what price will be on delivery Thursday I read the other day of someone in the UK paying over £700 for 700 litres! Quote Link to comment Share on other sites More sharing options...
Happier diner Posted February 5, 2022 Share Posted February 5, 2022 4 hours ago, Banker said: Just ordered a fill , wonder what price will be on delivery Thursday Me too. I daren't even think about it! I never thought to ask for a quote. Quote Link to comment Share on other sites More sharing options...
Banker Posted February 5, 2022 Share Posted February 5, 2022 (edited) Glad I don’t have gas though! https://www.manxradio.com/news/isle-of-man-news/energy-price-rises-devastating-says-ceo/ wonder if IOMG will give rates refund similar to UK? Edited February 5, 2022 by Banker Quote Link to comment Share on other sites More sharing options...
forestboy Posted February 5, 2022 Share Posted February 5, 2022 8 minutes ago, Banker said: Glad I don’t have gas though! https://www.manxradio.com/news/isle-of-man-news/energy-price-rises-devastating-says-ceo/ wonder if IOMG will give rates refund similar to UK? If they do I want one for my oil. 1 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 5, 2022 Share Posted February 5, 2022 Unfortunately - I don't think that the current (or even higher) price levels are a short term blip, they are here pretty much to stay and certainly won't fall to the pre-crisis level; when did prices for anything ever do that? Once customers have been squeezed and been proven able to cope and accustomed, by and large, the rises will remain, people are making too much money out of it to want to give it up. Games over Ukraine are contributing to this and with Putin's hand on the Gazprom tap we are being held to permanent ransom now. Quote Link to comment Share on other sites More sharing options...
Derek Flint Posted February 5, 2022 Share Posted February 5, 2022 4 hours ago, finlo said: I read the other day of someone in the UK paying over £700 for 700 litres! Christ on a bike! we are on gas over here like the vast majority. 4p a kWH but leccy is 19.3p. I’m just in the process of re-roofing our Victorian terrace and the insulation is getting lavishly lashed in. Zoned heating controls next. We are lucky in that we can afford to weather this peak (we have to- no rebates for the squeezed middle!) it beggars belief how the majority are going to cope. Even commuting to work is getting dearer and dearer, and when you get home, it will really be the choice for many between eating and heating. What amazes me is just how much the British Public will suck up. On the top of two years of Covid, how we haven’t yet had major civil unrest is something of a miracle. 2 Quote Link to comment Share on other sites More sharing options...
Max Power Posted February 5, 2022 Share Posted February 5, 2022 5 minutes ago, Derek Flint said: What amazes me is just how much the British Public will suck up. On the top of two years of Covid, how we haven’t yet had major civil unrest is something of a miracle. I'm sure they put ecstacy in the water supply! 1 Quote Link to comment Share on other sites More sharing options...
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