Reuters: “Forget Showering, It’s Eat or Heat for Shocked Europeans Hit by Energy Crisis”
August 26th, 2022Via: Reuters:
The benchmark European gas price has soared 550% in the past 12 months. The cost of energy for British consumers will rise by 80% from October, regulator Ofgem said on Friday, taking average annual household bills to 3,549 pounds ($4,188).
…
This winter, Britons will spend an average 10% of their household income on gas, electricity and other heating fuels as well as domestic vehicle fuels, mainly petrol and diesel, twice the amount in 2021, according to Carbon Brief’s calculations of official data.
This makes the current energy crisis more severe than those of the 1970s and 1980s.
