why are energy prices rising in the UK, when their main sources is its own North Sea gas?
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Basically many commercial goods have what’s called Inelastic demand. This means that no matter what the price is, the total consumption won’t be reduced by much. This is primarily the case for needs, like fuel food water and housing. When companies, whose goal is to acquire money and nothing else, realize that basically any excuse about world events allows them to raise prices without much backlash, they will, shamelessly and without consideration for the people who have needs that are now harder and harder to meet.
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