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Knocky you need not only demand to drop but supply to remain constant. We are going to have to find new sources of Natural Gas to replace our North Sea supplies, these will require new infrastructure (supply pipes) and because of the political risks more storage capacity. Then when you factor in...

The short answer is don't expect prices to go down, unless of course we get serious about fracking. US gas prices are around a quarter of what we pay, but sadly we have got ourselves bogged down in pseudo science. There are three major sectors for gas, domestic, commercial and electricity...