The price of crude oil broke through its symbolic $100 a barrel ceiling again yesterday. The first of the UK's major energy utilities, Npower, signalled plans for double-digit hikes in both its electricity and gas tariffs. The others will certainly follow. Petrol at the pumps is already priced at more than £1 a litre. Our collective carbon footprint looks like costing us even more in 2008. And that's before we even get round to accounting for its impact on global climate change.
The price of crude oil broke through its symbolic $100 a barrel ceiling again yesterday. The first of the UK's major energy utilities, Npower, signalled plans for double-digit hikes in both its electricity and gas tariffs. The others will certainly follow.
