{"id":845,"date":"2015-08-23T00:00:00","date_gmt":"2015-08-23T00:00:00","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/arctic-weather-means-increased-oil-company-profits\/"},"modified":"2018-02-20T02:37:51","modified_gmt":"2018-02-20T02:37:51","slug":"arctic-weather-means-increased-oil-company-profits","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/arctic-weather-means-increased-oil-company-profits\/","title":{"rendered":"Arctic Weather Means Increased Oil Company Profits"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><img loading=\"lazy\" src=\"\/uploads\/media\/Utility Bills saving.jpg\" alt=\"\" width=\"300\" height=\"180\" align=\"right\" border=\"0\" \/>The cold snap is setting in across Britain and with it the threat og huge energy bills. Oil companies are putting up prices and <a class=\"wl-entity-page-link\" title=\"houses\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/house\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/house;http:\/\/rdf.freebase.com\/ns\/m.03jm5;http:\/\/dbpedia.org\/resource\/House\" >house<\/a> holders are bing held to ransom with no choice but to <a class=\"wl-entity-page-link\" title=\"Use (law)\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/use-law\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/use_law;http:\/\/rdf.freebase.com\/ns\/m.05r4j5;http:\/\/dbpedia.org\/resource\/Use_(law)\" >use<\/a> more oil, gas and electricity to keep warm. The cold weather is predicted to bring large amounts of snow across the UK and increased energy bills.<\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\">The House Shop\u00a0asks if UK house holders will be held to ransom by profiteering Energy and Oil Companies. Director Nick Marr \u201cWe have seen petrol companies in the past seemingly profit from oil shortages are we now set to see Utility\u00a0Companies\u00a0doing the same? Fuel bills are not a luxury\u00a0companies that increase bills at this time are simply immoral\u201d\u00a0\u00a0<\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">Money Saving Expert Martin Lewis has been actively encouraging consumers to switch utility companies as the rise in tariffs are set to bite this winter.<br \/>\n<\/span><br \/>\n<span style=\"font-family: Verdana; font-size: 10pt;\"> <a class=\"wl-entity-page-link\" title=\"Home\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/home\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/home;http:\/\/rdf.freebase.com\/ns\/m.01l0mw;http:\/\/dbpedia.org\/resource\/Home\" >Homes<\/a> that run on oil central heating it seems are at greater risk of supply and price rises problems. \u00a0Even if they get the oil they need to heat their homes and to cook, many will have to cut back on how much they use because the price of the fuel has almost doubled in a month.<\/span> <\/span><\/p>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">Energy Minister Mr Charles Hendry also revealed the Government has called in the Office of Fair Trading to examine if profiteering has been going on during the cold weather.\u00a0<\/span><\/span><\/div>\n<\/div>\n<p><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">Hendry told MPs: \u2018I have spoken to the Office of Fair Trading about the price of oil. They have assured me that they are keeping a very close eye on the situation and are keen to receive evidence about any market abuse.\u2019 <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<div>\n<p><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">Heating oil is essential for many households that do not have access to gas supplies, and is especially common in rural areas.<\/span> <\/span><\/p>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a0<\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><a title=\"Heating oil price data provided by BoilerJuice.com - click for more info...\" href=\"http:\/\/www.boilerjuice.com\/heatingOilPrices.php\" target=\"_blank\" rel=\"noopener\"><img src=\"http:\/\/www.boilerjuice.com\/oil-prices.png?s=l&amp;t=6m\" alt=\"\" border=\"0\" \/><\/a><\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a0<\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a0<\/span><\/div>\n<\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">&#8220;And he warned that if there was more snow over the Christmas period \u2013 that is what the forecasters are predicting \u2013 then the situation would be, &#8216;very serious indeed&#8217;.&#8221;\u00a0<\/span><\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><strong style=\"font-family: Verdana; font-size: 10pt;\">Latest news from Money Saving Expert Martin Lewis<\/strong><\/span><\/div>\n<p><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">The fourth of the big six provider Npower has now joined British Gas, SSE &amp; Scottish Power in announcing price hikes of up to 9%. EDF is holding standard prices until March, so only E.On has to show its hand. <\/span><\/span><\/p>\n<p><span style=\"font-family: Verdana; font-size: 10pt;\">As switching benefits multiply in heavy-use winter months, and the sooner you switch the sooner you save, so we&#8217;re on an Urgent &#8216;SWITCH NOW&#8217; status, for all but those already on super-cheap online tariffs\u00a0<\/span><\/p>\n<div>\n<p><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">More at:\u00a0\u00a0<a href=\"http:\/\/www.moneysavingexpert.com\/utilities\/you-switch-gas-electricity\">Money Saving Expert Martin Lewis\u00a0<\/a>\u00a0<\/span> <\/span><\/p>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a0<\/span><\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><strong style=\"font-family: Verdana; font-size: 10pt;\">Cash Back on Utilities<\/strong><\/span><\/div>\n<\/div>\n<div><span style=\"font-family: Verdana; font-size: 10pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\"><br \/>\n<\/span> <a href=\"http:\/\/www.littlehousecompanycashback.com\/utilities.php\">Cash back offers on Utilities<\/a><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cold snap is setting in across Britain and with it the threat og huge energy bills. Oil companies are putting up prices and house holders are bing held to ransom with no choice but to use more oil, gas<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/arctic-weather-means-increased-oil-company-profits\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[16],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/arctic_weather_means_increased_oil_company_profits","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/845"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=845"}],"version-history":[{"count":4,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/845\/revisions"}],"predecessor-version":[{"id":15160,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/845\/revisions\/15160"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=845"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}