Wales Tourism and Visit Planning

Holiday In Wales After falling nearly a dime in three weeks, gasoline prices are expected to keep sliding to a national average of $1.56 a gallon this summer, thanks to lower oil prices and optimism about the war in Iraq, the government said yesterday.

uSwitch has pointed out that the Big Six have failed to lower consumer bills despite a sustained fall in wholesale gas prices since July 2006. Ann Robinson, director of consumer policy at the company, commented on the glut of gas supplies in the UK. "Wholesale gas prices plummeted below zero pence yesterday, making any further price rise announcements in the New Year simply inexcusable. Extra supplies from Norway, the warm weather and lower than expected demand mean that we are in an unprecedented situation where gas traders are having to pay for wholesale gas supplies to be taken off their hands.

Holiday Wales The Energy Department's statistical agency revised its price forecast sharply downward yesterday to reflect the recent fall in crude oil prices. But it also warned of uncertainties that could cause prices of both crude oil and gasoline to rebound.

British Gas has shaken up the energy market again by announcing its second price cut for 2007. British Gas customers will see their bills fall by an average of á40, following a 6% drop in its electricity prices and a 3% drop in its gas prices. The new prices take effect immediately but only affect those on British Gasa s standard or price guarantee plans a those on online deals will not see their prices drop.

Cottage Holiday In Wales The price of crude, which reached a high of nearly $40 a barrel on Feb. 27, was around $28 a barrel yesterday on the New York Mercantile Exchange. It has dropped about 20 percent since the war began in Iraq.

British Gas has today announced a long awaited cut in its gas and electricity prices, the first fall in prices since 2000¹. It%š the first of the big six suppliers to cut its prices across the board. Other energy companies are expected to act swiftly and decrease their prices too so that they undercut British Gas once again.

Caravan Holiday In Wales A month ago, before the war in Iraq, the agency predicted that gas prices would average more than $1.70 a gallon through the summer and hit $1.76 this month.

Just seven days after British Gas announced it would be reducing its energy prices from March 12th, Powergen have responded by launching three new capped plans guaranteeing to beat British Gas's prices for its standard plans¹. The plans, "Energy Guarantee", "Electricity Guarantee" and "Gas Guarantee" are guaranteed to be cheaper than British Gas until 1st September 2008 and if British Gas reduces its standard prices further, Powergen will reduce prices too.

Camping Holiday Wales Instead, gasoline prices have dropped about 10 cents a gallon over the last three weeks from a high of $1.73 in early March. The national average was $1.63 a gallon on Monday, according to the agency.

8th February 2007 Gas prices are set to fall by 17%, while electricity prices will fall by 11%. Karen Darby, CEO of SimplySwitch. Âs wholesale prices have dropped significantly, this price cut from British Gas is not before time. It is a step in the right direction and will help the many families who struggle to pay their energy bills. However, as its energy prices have rocketed by 86% for gas and 76% for electricity since January 2004, British Gas still has some way to go.

Accommodation Holiday Wales Associated Press - 4/9/2003

Topic: Petroleum Industry

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