[QODLink]
Europe

UK gas prices 'manipulated'

Some believe the unregulated market has become a cartel, and some believe prices are higher than necessary.
Last Modified: 13 Nov 2012 21:24

While most countries set the price of gas around the price of oil, Britain decided that an unregulated gas trading market was a better idea.

The fear now is that lack of oversight has led to a cartel.

Al Jazeera's Lawrence Lee reports from London.

47

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
Indonesia's digerati could be crucial to success in the country's upcoming presidential election.
How Brazil's football legend turned every Corinthians' match into a political meeting for democracy.
As the Pakistani army battles Taliban forces, civilians in North Waziristan face an arduous escape for relative safety.
Nepalese trade in a libido-boosting fungus is booming but experts warn over-exploitation could destroy ecosystem.
Featured
Israel's strategy in Gaza remains uncertain, as internal politics are at play for PM Netanyahu.
Greece is holding as many as 6,000 migrants in detention centres, in conditions that have been called appalling.
Long derided for trivialising women, Bollywood is shrugging off its trademark social apathy by upping anti-rape crusade.
Survey of more than 300 colleges shows 40 percent do; highlights lack of training for administrators, law enforcement.
Three years after independence, South Sudan still struggles to escape poverty and conflict.
join our mailing list