Britain might run out of gas
Thanks to a bone-crushingly cold March, Britain is on the verge of running out of gas. If the cold weather carries on, by the 8th April we could have to rely on foreign imports from Norway or Russia, pushing energy prices up.
The UK usually only ever has 15 days worth of gas held reserve at any one time because of a lack of storage facilities, but due to increased demand during the unseasonable weather, there’s now only 2 days left.
Scottish and Southern Energy is even warning that in the next three years there will be ‘energy blackouts’ as demand outstrips supply. Some experts say that as a result energy bills could go up by £100 this winter.
The gas shortage news comes as George Osborne launches his ‘dash for gas’ initiative, pushing for it to become the UK’s main source of fuel. With carbon supplies rapidly running out, this seems a bit like launching ‘a dash for wax cylinders’ or ‘dash for Betamax’.
Energy companies want government gas reform so they have can store more, generate more and charge more. But if we continue to depend on fossil fuels we will have even more cold Marches and then – end of days.
But I’m sure George Osborne and the Big Six energy companies will sort it and it will ALL BE FINE. Now if you’ll excuse me, I’m off to stock up my Richard Madeley Armageddon Cupboard.