26.11.2008 - Energy prices 'will fall next year'

From Ukpress: Consumers should expect to see energy prices starting to drop early in the New Year, Ofgem said. Ofgem chief executive Alistair Buchanan said the regulator was putting "as much pressure as we can" on suppliers to announce their plans following a drop in oil prices from 140 US dollars to below 50 US dollars. He told the Business and Enterprise Select Committee: "We're putting as much pressure as we can on to the companies to announce what they plan to do..... Full Article: Source

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