Financial Times FT.com

Cold snap prompts surge in gas price

By Thomas Catan

Published: November 17 2005 21:23 | Last updated: November 17 2005 21:23

Wholesale gas prices have almost doubled in the past week, with the cold snap stoking fears about Britain’s gas supply this winter.

Gas for delivery the next day touched 80p a therm yesterday – up from about 43p a week ago – before dropping back slightly. It was the highest price in eight months.

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