As the ‘Beast from the East’ chilled the UK to its core last week, the harsh weather resulted in a historic 20-year-high spike in gas prices across Britain.
Last Thursday, the price of gas shot to a record UK high of £3 per therm – a 400% increase against the price of gas being delivered just one week earlier.
The resulting instability across the UK saw the National Grid issue a Gas Deficit Warning – a signal used in the event of demand potentially outweighing supply; if the cold snap continued in the way we saw last week, then the UK could well have run out of gas.
The energy used by Britain’s manufacturers can make up a third of all expenses, so when demand surges, it lifts the cost sharply and dramatically. Combine this with the “significant gas supply losses” experienced last week and prices rise even further.
- Forums
- ASX - By Stock
- AJL
- Fracking Lancashire in which quarter?
Fracking Lancashire in which quarter?, page-53
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJL (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $12.33K | 1.429M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2645110 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 272056 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2645110 | 0.008 |
3 | 870000 | 0.007 |
4 | 1320124 | 0.006 |
3 | 600000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 272056 | 2 |
0.011 | 1583896 | 4 |
0.012 | 90000 | 1 |
0.019 | 12500 | 1 |
0.020 | 27458 | 1 |
Last trade - 15.26pm 11/09/2024 (20 minute delay) ? |
Featured News
AJL (ASX) Chart |