Heat is on for suppliers to cut gas prices

01 Mar 2009 | Filed under: Energy News

Pressure is mounting on energy suppliers to cut retail gas prices following a steep decline in wholesale prices this year amid weakened demand.

Gas for immediate delivery dropped below 33p per therm on Wednesday, less than half its peak of 74p last September, having declined rapidly this month as the weather turned warmer.

Read the full FT article here…..

Industry Tags: Energy, Gas

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