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“Dash for Gas”
“An underpinning factor in the dash for gas was the recent development of North Sea gas.
Also the decline in wholesale gas prices”
Several things came together under Hilda.
Privatisation, getting the Coal miners back for what they did to Ted Heath ( Three Day Week), |¬¶| the drop in Natural Gas prices. A Big Kick-Start to infrastructure in the U.K.
Pretty well, everything was going well with Natural Gas being the base load for electricity delivery in the U.K. untill the pandemic hit.
Or more specifically as we climbed out of the economic hole of the pandemic.
Perhaps when Nord Stream Two comes on line, Natural Gas prices will drop?
Iran has the world’s second largest proved Natural Gas Reserves.
Yet America does everything in its power to fuck them up?
There is more than enough Natural Gas in the World, for several hundred years.
This immense increase in Natural Gas prices is partially a response to the pandemic but there must also be more beneath the surface?