Investors looking towards gas market
With the short to medium term direction of the worldwide economy unclear to say the least, more and more investors are now looking towards the gas market which has seen prices soar by 65% over the last month. Today's announcement by Ofgem has also placed more focus upon the UK gas market with a suggestion that £200 billion will need to be raised from the energy market in order that the UK is able to meet carbon emission targets.
As a consequence it would seem that the energy market could be a very lucrative area of investment in the medium to longer term, with the UK energy sector having to import more and more gas and other energy supplies. This is turning into something of a nightmare for both the UK government and UK consumers after the UK government initially tried to apply pressure to energy companies only to reveal further down the line that it was behind the £200 billion carbon emission requirement.
This has now given energy companies the perfect excuse to raise prices consistently over the coming years, placing more and more pressure on UK consumers, UK businesses and the UK economy. Where this will all end nobody knows!
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