27.10.2014 - The paradox of lower gas prices and low carbon subsidies
There is an old Daily Mash story from 2009 where the headline screams: 'Price of gas to rise, say men who set price of gas'. The argument goes that big energy company bosses have a vested interest in talking up gas prices. If that was ever true (I am not convinced it is), no-one is listening any more. Last week, DECC announced it had revised its forecasts for future gas prices down. DECC tends to take the consensus position on fossil fuel prices, so its change reflects what most gas soothsayers have been saying for a while; prices look soft at the moment, even if you take into account recent falls...............................................Full Article: Source
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