Energy Environmental Blog

U.K. Gas Demand Up 30%

Written by Greg Russell | Jan 6, 2010 11:58:20 AM

The WSJ is reporting that the U.K. is experiencing the coldest winter in Britain for decades, causing demand for natural gas for heating and power to surge by 30%.  Moreover, "The lack of stored reserves leaves Britain exposed to competing with other countries for gas imports during periods of strong demand across Europe, and having to pay higher prices to lure it there."  Watch LNG prices this winter!