Dec 15 2007
Gas prices all set to rise in 2008
December, 15
Another addition to the rising price list, this time it’s the cooking gas which is troubling the UK household women in the chilling winter. It seems the New Year will be full of misery for many with the energy companies hinting towards a price rise in the cost of fuel. It is known that 2008 will be gifting an additional financial pressure on the UK people. Amidst all the festivity on the corner, this news may raise a concern for many families.
Earlier the gas companies revealed that, the higher wholesale price of gas has cut the margins for them. They suggested that if the high wholesale prices will remain marching up, then it would make the problem worse for the retailers in the coming year. It was known that British Gas was the first major UK energy company to drop the prices, but the situation have changed now with an increase in the wholesale prices.
It is noticed that this is the second time prices of high use products are rising up, recently we have showed a report which highlighted that the prices of liquor is all set to jump in the next year. And now it’s the gas which is making the UK people concerned before the New Year. So it seems 2008 would be a costly year for UK people!