Here we go again, Winter is starting and BG are determined to capitalise on it. by jacking prices up by 7%, and predictions that the rest will follow suit shortly ( What competition) It looks like it is BGs turn to go first this time.
BG claim Wholesale price increase and that that they have not increased prices for 2 years, when they reduced prices by 10% Fact :- since 2008 wholesale gas prices have dropped 40%, they have now started to edge up. Just recently Bg announced a profit increase of 98% . So prices of wholesale reduce 40% and they reduce to us by 10%. Now wholesale is starting to rise, so does retail.
This industry is so vital to the nation it should not be owned by around a group of 12 companies who are a cartele. It should be nationalised for the good of the nation
BG claim Wholesale price increase and that that they have not increased prices for 2 years, when they reduced prices by 10% Fact :- since 2008 wholesale gas prices have dropped 40%, they have now started to edge up. Just recently Bg announced a profit increase of 98% . So prices of wholesale reduce 40% and they reduce to us by 10%. Now wholesale is starting to rise, so does retail.
This industry is so vital to the nation it should not be owned by around a group of 12 companies who are a cartele. It should be nationalised for the good of the nation