Robert Palmer, deputy director of Uplift, said: “People are fed up with an energy system that sees oil and gas companies rake in billions in profits, while the rest of us are saddled with higher bills.
“This is not the first time we have seen the gas price soar off the back of conflict and it won’t be the last. While we remain dependent on gas, a handful of oil giants will continue to get rich at our expense.
“More North Sea drilling will do absolutely nothing to lower energy bills and only make a minimal difference to energy security. After 50 years of drilling, we have burnt most of the UK’s gas reserves.
“Politicians need to learn the lesson of the last five years – that the only way to insulate ourselves from these risks is by doubling down on renewables and helping more households and businesses make the switch to clean electricity. This is just common sense in today’s world.”
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