Hardman & Co Insight: UK gas – caught short, caught very short?
In recent months, spot prices of UK gas have soared, from ca.30p per therm during the summer to well over £2 per therm by October; they have, though, fallen back from their peak over the last few days. As the soaring prices imply, availability of gas during the coming winter is also a major issue, especially if prolonged periods of cold weather arise.
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