Tuesday, January 6, 2015

Gas prices will fall by more than 1% in February – Boursorama

Gas prices will fall by more than 1% in February – Boursorama

According to “Le Figaro”, regulated gas prices will decline by just over 1% on 1 February. The reason? The drop in oil prices.

Gas prices will decline over 1% on 1 February with the oil price drop (illustration). (AFP / PIERRE ANDRIEU, AFP)

Gas prices will decline over 1% on 1 February with the oil price drop (illustration). (AFP / PIERRE ANDRIEU, AFP)

Nearly 7.4 million households out of a total of 10.6 million subscribers gas were regulated tariffs at the end of third quarter 2014, while 3.2 million had subscribed jobs at free prices, so-called “market” at GDF Suez or an alternative provider.

In January, prices rose 1.8 % due to the doubling of the domestic tax on the consumption of natural gas (TICGN). The formula for calculating these rates applied by GDF Suez and revised monthly, has changed this summer, strengthening their indexing on market prices rather than changes in the price of crude oil.

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