BBCNEWS World Business Report October 6, 2021 04:42:00
No, it's not, sally. consumers will immediately feel the impact of wholesale gas prices because many buyers buy it long in advance and use tactics such as hedging to avoid the prices being fed through to consumers but what we have got here is a perfect storm. gas prices are now, if you think oil prices are hovering below $80 a barrel, the gas prices equivalent of three times of that, $300 a barrel and for consumers, already facing rising costs of living, this is very concerning as we move into winter. �* , ., , very concerning as we move into winter. �*, ., , ., winter. it's not 'ust a uk ...