Is There a Government Driven Demand Distruction?

The U.K. Government just announced that they were raising the calp of energy cost for and users. So energy buills are going to be a lot higher than in the past. And yes, this is likely to generate a response as well with heating demand. It's not something that we get to test versus prices, because, again, prices were never this high to cause a reaction like that. Whenever you model heating demand for natural gas, you can explain pretty much all of it with weather.