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Page added on December 9, 2004

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High fuel costs spell winter tragedy

Business

As heating costs soar on the back of rising oil prices, cash bonanzas for the oil majors are nothing if not predictable.

BP has already announced stunning annual profits of £9 billion ($16.93bn). In the 10 seconds it took you to read the start of this article, BP would have made £2854 ($5369) profit.

But as heating costs soar, the end result for cold-climate pensioners is also nothing if not predictable: increased numbers of death.

This week the British government announced plans to help pensioners switch their energy providers to save money. “Why pay more?” asked a smiling UK Trade and Industry Minister Patricia Hewitt launching the advertising campaign.

After all, gas and electricity bills in the UK have risen on average by around 16% in 2004.

More at http://english.aljazeera.net/NR/exeres/0F185445-D578-4283-A68F-3705F29816DB.htm



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