I was fairly relaxed about the UKs pisspoor stocks of gas ( gas US folk, not petrol). THe Germans have 5x the gas storage facilities we have.
However Gordon Brown has spoken. As he is the anti-Midas I am now scared.
"The National Grid has issued a third gas balancing alert in a week as demand continues to run at high levels in the freezing weather conditions.
The move came as Prime Minister Gordon Brown insisted that supplies of gas were not running out despite recent record levels of demand.
A spokeswoman for the Grid said the alert was a signal to the market which had already responded to make up a shortfall in gas flow to the UK and that there was no shortage.
"For us, it is business as normal," she said. "When the system is running at peak demand, and supplies drop off, for whatever reason, we issue this as a signal to the market, and ask it to respond. The forecast was that we would need 441 million cubic metres, and there was a shortfall of 35 million cubic metres, possibly for technical reasons - the cause has not been disclosed.
"Suppliers of liquefied natural gas have made up the shortfall. The alert will last until 6am on Sunday when we expect it to be lifted. There is no shortage of gas and the system is working well.""
http://www.google.com/hostednews/ukp...LRq87UARNK9GoA





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