Hot! Energy Prices

Energy PricesEnergy companies have just anounced they are cutting their energy prices at the end of February.
How decent of them to cut their prices at a time that we start to turn our heating off and
it stays lighter longer. Call me a cynic but am I the only person that notices the prices
go up around october when we start using our heating and lighting and comes down
when we’re soon to stop using it! Added to that these companies blame the price of wholesale gas and oil on their price hikes.They fail to mention that they are making millions trading futures and options on wholesale
prices and hedging against market moves which may affect their stocks.
All of our energy companies are now foreign owned and seriously taking the piss out of us brits.
They should be nationalised and run not for profit so that they make just enough to keep the infrastructure
uptodate rather than satisfying shareholders.
 

 

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