I think in econmics, there is a law of demand and supply. It means when demand is high, prices go up and when production goes up, prices go down. That is my interpretation of how the oil and gas pricing is determined.
Don't scream at me because I am not an economist of any sort. However, has any one queried the providers of energy in the UK for raising prices when prices of gas is high and failing to reduce prices when gas prices go down?
I even heard on the news recently that they plan to raise it by another 10%.
UK is now becoming a state where poverty is compulsorily made of its citizens.
Council taxes, petrol taxes, congestion taxes, olympic taxes and it goes on and on.
I am not surprised why citizens are moving away from here to other countries.