Japanese Tsunami means big bills this winter

Sarah Coles
Tsunami impact
Tsunami impact

Koji Sasahara/AP/Press Association Images

The Japanese earthquake and tsunami had a devastating impact at the time, and the economic shockwaves being sent around the world continue. It emerged yesterday that the impact of the devastating Tsunami hitting last year could mean a huge increase in the cost of fuel by the winter.

The analysis are predicting that the wholesale gas price could climb as much as 28%.