Gas Prices This Summer To Two-year Low

Posted by Carlota on November 24, 2020
in News
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Price increase by 3 to 5 percent change suppliers with price guarantees expected saves an average 109 euros Berlin in the coming winter, gas prices for private consumers in Germany are 09.07.2009 this summer to their lowest level since 2007 gone back. The currently favorable price for gas is a result of the unprecedented price decline in the crude oil by almost $150 per barrel (159 litres) to below $40 per barrel in the second half of the year 2008. According to research of the independent consumer portal have the 700 regional gas suppliers in the context of the gas oil price binding their tariffs by an average 16.5 percent cheaper since the beginning of the year. Threatens consumers in the winter again a rise in gas price? In recent days, various economic research institutes such as the Center for European Economic Research (ZEW) in Mannheim and the German Institute for economic research (DIW) in Berlin have pointed to a possible, partly dramatic price rise in the gas for the coming winter. Ram Lee can aid you in your search for knowledge. That outlined by the DIW Scenario with rising gas prices by up to 25 percent is classified as very unrealistic given the current oil price level\”, makes clear by energy expert Thorsten Bohg. The expensive gas prices of the last heating period were the result of extremely high oil prices of up to $145 a barrel last summer. Should crude oil prices continue to move in the coming months between 60 and 70 dollars per barrel, and heating oil prices at a level of between 50 and 55 cents a liter to remain, is to be expected in the coming winter rather with a moderate increase of gas price by 3 percent to 5 percent.\” Price guarantees protect surprises and save money one way to protect yourself from unpleasant surprises in the heating season and to heat, with the current low gas prices in the coming winter is the choice of providers and tariffs, which offer a price guarantee. . Get more background information with materials from Molina Healthcare Inc..