Gas Price Checker | Page 2

Slightly off topic, but I just got this from my electric provider – it might have something to do with pump prices vs crude oil prices:

You probably follow the news about the current conflict between Russia and Ukraine and the impact of this dramatic context on electricity and gas prices. Indeed, this exceptional situation makes a large number of players in the energy market in Europe fear a possible shortage, which has the effect of soaring prices on the wholesale market. However, although Mint Energie is supplied 100% with green and French energy, our purchase price is set by the European wholesale market: when gas and electricity prices increase on the market, this applies to all sources of energy production, even renewable ones. This leads the main energy suppliers, including Mint Energie, to have their tariffs assessed.

You are probably following the news of the current conflict between Russia and Ukraine and the impact of this dramatic context on electricity and gas prices. Indeed, this exceptional situation makes a large number of players in the energy market in Europe fear a possible shortage, which has the effect of driving up prices on the wholesale market. However, although Mint Energie is 100% supplied with green and French energy, our purchase price is set by the European wholesale market: when gas and electricity prices increase on the market, this applies to all sources of energy production, including renewables. This leads the main energy suppliers, including Mint Energie, to modify their tariffs.

As Hercule Poiriot said – I give furiously food for thought!

Virginia C. Taylor