What a difference a year DOESN'T make

July 14 2008: Winter 09 Gas futures:  109.33 pence per therm

July 14 2009  Winter 09 Gas futures:  41.38 pence per therm

Change:  -62%

BG Standard Tariff July 15 2008:  95.1 pence per therm Delivered

BG Standard Tariff July 15 2009:  111.5 pence per therm Delivered.

But of course with all the foolishness today about how energy prices are rising to deal with the green options, we can fully expect a BG price drop approaching Eon's intelligence insulting recent price cut of 3.3%.

What will make interesting reading is how Ofgem will continue to reverse engineer retail price to the wholesale market.  At numbers like these, even they will struggle.