>

No storage in the UK or very little compared to other countries. Sold off for short term gain. No storage means no buffer to smooth out the price spikes and shortages.
A mild winter, falling wholesale gas prices + new gas suppliers:
Putin's attempt to blackmail Europe has failed big! >

If only that was reality in the UK. European average is £650 or less a year for energy bills but over £2500 for the UK and will somehow go up AGAIN in April. This government should've gone years ago.. I despair. It's turned into a hell hole for anyone not already ludicrously rich and it was never easy to begin with. Poor and / or sick? Fight for scraps at best. >

UK gas prices are also below pre-war level. >

Not according to my energy bill. >

These prices don’t reflect your energy bill immediately—you are currently paying for gas bought with peak prices to fill reserves. >

Yeah, and that’s too bad for the energy companies, but they have to take the L - their prediction models failed, so why are we paying for that? If they bought a shitload of gas at X price, and it’s now X -60%, then they should take that hit and absorb the cost through the massive profits they’ve been scooping up for years.