
Why Texas broke: the crisis that sank the state has no easy fix
22 min
Energy providers are collapsing. Why have gas prices in the UK quadrupled over 2021 to highs of 180 pence per therm, from around 40p this time in 2020? Jillian Ambrose explores how China’s post-COVID bounce back, Russian gas games and changes in UK regulation are the factors that created the perfect storm.