It's A Gas...

[rhythmaning]

There has recently been a furore in the UK over energy prices. The cost of electricity and gas to consumers have been higher than before; this was put down to deregulation of the energy supply markets, uncertainty of supplies from Europe, and the fact that the UK has now become a net importer of gas.

So I was very amused when I saw this story on BBC.com about how there is now a glut of gas coming into the UK - such that it can't be stored, so gas traders are paying to offload it. The wholesale market price of gas has turned negative!

This must say something about supply and demand. And the fact that a new pipeline has just opened...