27

Feb

Are fuel prices likely to keep rising?

Posted by admin as Fuel Prices

Is it a good idea for me to fix my energy prices until 2012? I really wish I’d done it 6 months ago, my electricity bill is over £200 for this quarter! I just don’t want to be scared into fixing my tariff and then see fuel prices come down, leaving me stuck with these ridiculous charges.

No more than likely bills will go down not up and there is a fee for leaving that particular tariff.

Next – stop paying quarterly for your energy – get on to a monthly direct debit.

Finally use an internet comparison site Uswitch or moneysupermarket are two good ones and compare.

I like pay £20 a month for my eclectic – that is £240 a year (yes I did freeze before the increase and yes I turn everything off) but that is still just over what you are paying a quarter.

The huge rise in fuel prices was a driect result of the oil companies spurring on speculation in oil prices trying to get congress to lift the drilling bands in the gulf and national parks. It didn’t work. Now the prices are dropping back to where they were.
References :

No more than likely bills will go down not up and there is a fee for leaving that particular tariff.

Next – stop paying quarterly for your energy – get on to a monthly direct debit.

Finally use an internet comparison site Uswitch or moneysupermarket are two good ones and compare.

I like pay £20 a month for my eclectic – that is £240 a year (yes I did freeze before the increase and yes I turn everything off) but that is still just over what you are paying a quarter.
References :

NO
References :

From the point of view of production costs and availability no.

However, the greed factor says yes.

The world is run by greedy little fat men who want more and more, so … probably yes.
References :

roger.williams20@btinternet.com says February 27th, 2009 at 7:03 pm

You have a relationship between falling prices for crude oil and a tumbling £ so you can toss a coin and speculate on which way prices at the pumps will go. It is when those Sheiks decide to curtail production that market forces will come into play and up will go the prices once again.
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No.

Instead of worrying about price increases, why don’t you work on reducing your consumption?

At £200 per quarter you could easily save more than any predictable cost increase with a little effort.

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Oil and gas (natural) are supposed to be connected in price they told us when prices are going up – it doesn’t seem to work the other way about.
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We are being robbed.

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