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Britain close to low gas alert
Reserves have fallen to less than a week's supply of UK needs

BRITAIN'S gas network operator is on the verge of issuing an emergency alert that could lead to cuts for industrial users and potentially affect Ireland, which takes 90% of its supply from Britain.

The National Grid in Britain said it could issue the "gas balancing alert" in the next two to three days because reserves had fallen to less than a week's supply of UK needs.

Suppliers were forced to dip into reserves last week after energy companies began siphoning gas out of Britain to supply other parts of Europe.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Jan 13th, 2009 at 03:44:05 PM EST
Don't worry, Britain, your vibrant ReaganThatcherFreeMarket is fully capable of adapting to changing market conditions.

Uhhh, perhaps not in NatGas.  OK, strike the above.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Jan 13th, 2009 at 04:41:22 PM EST
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