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Wholesale Gas Prices

Volume 491: debated on Thursday 23 April 2009

To ask the Secretary of State for Energy and Climate Change what recent representations he has received on trends in wholesale gas prices; and if he will make a statement. (270307)

I have had regular discussions with the industry and users on gas prices, including through the Business Energy Forum and bilateral meetings with companies. Wholesale gas prices, especially forward prices, peaked last summer in line with high oil prices, and have since fallen considerably.