Energy prices: Ireland now in the 'most perilous position since the 1970s'

Irish people depend on natural gas for electricity and home heating — but while we use so much of it, we produce very little.

Ireland is now in the "most perilous position since the 1970s" with homeowners set to see electricity and natural gas prices spike even further in the coming months.

That is according to one of the country's foremost energy experts, who warned that Ireland's dependence on fossil fuel, political jousting between the EU and Britain, and our location on the periphery of Western Europe will leave Irish consumers very exposed.