Why has gas and electric prices gone up so much?

Question

Can anyone tell me why these prices have rissen so much.

We are told by the media that prices are rising but are not told why.

Answer 1

Because of sheer greed on the part of foreign owned companies, who have to reward their shareholders.

Also, don't forget, the government takes huge amounts in V.A.T and tax.

Answer 2

we're in a recession or 'credit crunch' prices are soaring, go  and read about a recession in wikipedia or something, that should explain it better than i can

Answer 3

The hype of Global Warming .  

Answer 4

Greed and control all riding on the wave of propaganda called climate change.

Get a wood burning stove to heat water and radiators.

An Aga cooker and some candles.

Chop a tree down = carbon neutral

A most importantly smash all TV's

Answer 5

Shear greed,they have a captive market

and s***w the ordinary people of the UK,

Six million people are now in fuel poverty

with more to fallow.

This government should sting the gas and

electricity suppliers with a windfall tax now

then bring all utility company's back into

public ownership.

Answer 6

the greedy people without mothers and fathers have too keep the shareholders in comfort plus their pay rises

Answer 7

the world is using 85 million barrels of oil per day and that is causing many problems. Money transfers, climate change, and price raises. We have to get off imported oil and food.

To learn how to get us to carbon neutral Check out CoolingEarth.org

Answer 8

There is no competition between companies, think about it, there are only a few gas and electricity suppliers in the UK. They don't really have to fight for customers. Also supply and demand.

Answer 9

supply and demand

Answer 10

Because Saudi Arabia and Kuwait doesn't want to share there gas because they know about supply and demand. People need it so badly that they'll pay more for it. This is happening every where too.

Answer 11

The reason prices are rising is that the value of currency is falling.

Inflation is caused by one thing only: Government printing more currency than it has wealth to back it.

Your government and mine have been working under the false assumptions of Lord John Maynard Keynes for a long, long time.

We are all now seeing the errors in his theories.

Those who point a finger at the "greedy people" who they assume are to blame and pointing 3 fingers back at the true greedy people, those who have enjoyed the free lunch our government's have provided.

Answer 12

high cost of gas inflation

Answer 13

because they closed all the coal mines

Answer 14

Privatisation.Blame Maggie for selling off our assets to her friends.