erebus Posted October 21, 2012 Share Posted October 21, 2012 The price of gas rises all the time, might it be plain old greed? Gas on the international market is sold per 1000 cubic metres. The cost per 1000 square metres of gas is £250, the price of the Russian GASPROM. Make up your own mind, why prices are such, and why do you think they are continuously rising Link to comment Share on other sites More sharing options...
Resident Posted October 21, 2012 Share Posted October 21, 2012 Because they can knowing we'll pay it regardless. It's the same with petrol/diesel. Link to comment Share on other sites More sharing options...
truman Posted October 21, 2012 Share Posted October 21, 2012 The price of gas rises all the time, might it be plain old greed? Gas on the international market is sold per 1000 square metres. The cost per 1000 square metres of gas is £250, the price of the Russian GASPROM. Make up your own mind, why prices are such, and why do you think they are continuously rising Square metre is not a measure of volume... Link to comment Share on other sites More sharing options...
JFKvsNixon Posted October 21, 2012 Share Posted October 21, 2012 The price of gas rises all the time, might it be plain old greed? Gas on the international market is sold per 1000 square metres. The cost per 1000 square metres of gas is £250, the price of the Russian GASPROM. Make up your own mind, why prices are such, and why do you think they are continuously rising It's a basic case of supply and demand. A much bigger demand around the world for an ever decreasing supply of gas. The price is always going to rise. Link to comment Share on other sites More sharing options...
andygardener Posted October 21, 2012 Share Posted October 21, 2012 Square metre is not a measure of volume... I think it would be charitable to assume they meant cubic metre. Link to comment Share on other sites More sharing options...
truman Posted October 21, 2012 Share Posted October 21, 2012 I think it would be charitable to assume they meant cubic metre. If they can't get simple stuff like this right then you have to wonder about the rest of it...I used just under 1000 cubic metres on my latest bill and it cost me just over £200 this is not much different to the gasprom price shown in the OP... Link to comment Share on other sites More sharing options...
bigsexydoug Posted October 21, 2012 Share Posted October 21, 2012 It's a basic case of supply and demand. A much bigger demand around the world for an ever decreasing supply of gas. The price is always going to rise. not really though is it ! the cost of water has risen many times of lately........however according to the screaming liberals this country is getting wetter...... Link to comment Share on other sites More sharing options...
JFKvsNixon Posted October 21, 2012 Share Posted October 21, 2012 not really though is it ! the cost of water has risen many times of lately........however according to the screaming liberals this country is getting wetter...... Are you suggesting that there isn't an ever growing demand for gas, or that the gas supply isn't declining? Link to comment Share on other sites More sharing options...
erebus Posted October 21, 2012 Author Share Posted October 21, 2012 You used 1000 cubic metres of gas on your bill, last quarter, what are you running a furnace, or something? The metre is in cubic feet, as in your reading outside your house.. Link to comment Share on other sites More sharing options...
Vague_Boy Posted October 22, 2012 Share Posted October 22, 2012 The price of gas rises all the time, might it be plain old greed? I'm not saying that greed doesn't play a part but why is the price of Russian gas even worth quoting? Because North Sea gas production is in decline and we're having to buy gas on the international market to make up the shortfall. We're having to vie with the likes of Japan, who are using more gas to make up for the power shortfall caused by their nuclear disaster. Japan pushes Asia gas price close to high There's also another factor that gets ignored, the price of oil. Gas rises with oil The biggest thing that drives the cost of imported gas is the cost of oil. Many countries buy their gas on long-term contracts from one or two major suppliers. Germany, for example, buys much of its gas from Russia and recently completed a new pipeline, the Nordstream, to make more available. And many suppliers, especially countries that also produce oil, such as Russia, tend to tie the price they charge for these contracts to the oil price. The UK has few long term contracts, but because so much gas is tied into them, the UK price tends to change with the oil price. So when oil spiked in 2008, so did the cost of gas in the UK, and so did consumer bills. Most recently, the conflict in Libya reduced exports of Libyan oil and gas. Not only did this put up the price of gas in regions that bought from Libya, it also increased the oil and gas price worldwide, potentially driving price rises in the UK over the summer. LINK Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.