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Gas Prices Settle After March Surge

14th April 2013 written by Richard Hearne in the category Latest News

A spike in gas prices during March was almost enough to prompt panic in the market, but as April temperatures finally start to rise and people have been able to turn down that central heating at last, the day-ahead prices beat a welcome retreat earlier this month.

In spite of fears that the UK gas reserves were being pushed to their limits by unreasonably cold weather, production delays and line closures, consumers are being reassured that gas supplies from Norway and further afield are free flowing and have driven prices down at last.

This announcement came in the nick of time, since Britain’s biggest gas storage facility – Rough – reached worryingly low levels before the weather began to break. Operators were almost forced to close down for maintenance in order to prevent any further draw on their supply, but have been able to cancel this plan in the wake of this latest turn of events.

Here at 1Gas we are pleased to join the nation in breathing a sigh of relief at this much needed reprieve in gas prices. Although we may not be out of the woods yet with regards to our gas reserves, we will continue to work with our customers to ensure that we are doing everything we can to alleviate the situation.

With regular maintenance and correct upkeep of all gas installations we can work together to ensure that your premises are gas safe and as energy efficient as possible. For anything from installing a gas meter to reviewing your existing gas connections, make 1Gas your first port of call.

Give us a call on 0800 644 0688 or contact us online to find out more about the full range of services that we have to offer.

 

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