Power cuts by the weekend ?

[motorbiking]

Rough (facility) - Wikipedia

en.m.wikipedia.org

Saves me retyping it.

Rough is just an old gas field. When prices are low gas is pumped in, when prices are high gas is pumped out. That’s how Centrica made a profit from storage.

The government were right to push back on funding rough, just because the market model changed.

If rough is depleted, we do not run out of gas.

 

[MNW67]

If rough is depleted, we do not run out of gas.

It would be nice if the news reports explained that!

 

[carmanmemoranda]

It would be nice if the news reports explained that!

Headlines !

 

[motorbiking]

It’s worth remembering that Rough was closed in 2017. Nobody was running a story that gas would run out. You do not need a storage facility to secure gas prices. There is a whole energy trading industry that exists.

 

[Odds]

Attach a long hose into the gas forum and all the hot air they spout will fuel Yorkshire indefinitely.

 

[MNW67]

Headlines !

The headlines initially came from a Centrica press release, where they argue for government support to help them expand storage. Although that seems to be more about hydrogen. There is absolutely no chance of the average citizen being able to make head or tail of this.

 

[hllns]

If you want to look at the historical data it's here: https://agsi.gie.eu/data-overview/graphs/GB*

Shortage of storage or commodity games?

 

[Notch7]

It would be nice if the news reports explained that!

the Telegraph are wanting to create a panic..........because we have a Labour govt

 

[Brigadier]

our energy security

Beholden to countries and regimes, the populations of whom you cannot stand you mean?

 

[Notch7]

Nobody was running a story that gas would run out.

The Telegraph was:

"British Gas warns there is only a week of supply left​

UK storage sites only half full as Britain braces for low wind speeds and freezing temperatures"

British Gas warns there is only a week of supply left

UK storage sites only half full as Britain braces for low wind speeds and freezing temperatures

www.telegraph.co.uk

that headline is designed to give the impression we would run out of gas in a week

 

[Notch7]

Seems incredible. But with Rache doing her best to damage The UK economy

not true though

The UK economy and Millipede ruining our energy security.

not true


peop;e are under this false impression that North seal oil field is bursting with oil...........its not, its highly depleted and the cost of extraction is way higher than most other oil fields like Saudi Arabia

 

[Odds]

North Sea gas and oil will run out in 14 years - we'll need a larger forum for the gasmen to run our economy on hot air.

 

[denso13]

when we're all broke and sitting in the dark.

Let us know when it happens.

 

[motorbiking]

the Telegraph are wanting to create a panic..........because we have a Labour govt

What we are seeing is a typical corporate strategy of...

There's some new people in town, lets tap them up for some investment before they wise up.

The Telegraph was:

"British Gas warns there is only a week of supply left​

UK storage sites only half full as Britain braces for low wind speeds and freezing temperatures"

British Gas warns there is only a week of supply left

UK storage sites only half full as Britain braces for low wind speeds and freezing temperatures

www.telegraph.co.uk

that headline is designed to give the impression we would run out of gas in a week

My post refers to 2017 When it was closed.

The leftie papers are equally blaming the Tories for a failure to invest in storage, arguing that its the conservatives fault we will run out of gas.

Meanwhile Wholesale gas prices were falling up until the 10-Jan. Suddenly the graph went the other way. I wonder what happened around the 10th of January.

UK Natural Gas - Price - Chart - Historical Data - News

UK Gas decreased 5.60 GBp/Thm or 4.47% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on January of 2025.

tradingeconomics.com

 

[carmanmemoranda]

the Telegraph are wanting to create a panic..........because we have a Labour govt

And it worked with the OP