Ofgem reports on UK wholesale gas prices in 2003 and 2004

摘要

After nearly a year-long investigation,UK energy regulator Ofgem has reported on the record UK wholesale gas prices in October 2003 and the summer of 2004.Amid allegations of deliberate price manipulation amongst traders,the report concluded that supply issues and oil price linkage were the key factors causing the price spikes,although investigations into contractual issues are still ongoing.