Caporegime
You need a Labour government to magic everything back to normal.....
or some kind of "great reset"
or both
or some kind of "great reset"
or both
What became of the UK's gasometers? There were several in Stockport, most big towns had them. I haven't seen one in years, do we not store gas in low pressure bulk any more?
You need a Labour government to magic everything back to normal.....
or some kind of "great reset"
or both
What happened to that great V shaped recovery Rishi and co said over a year ago? That they created with this mess.
We did have a V shape recovery. I don't think you can pin this on Rishi, the seeds were sown decades ago and lead us to this point.What happened to that great V shaped recovery Rishi and co said over a year ago? That they created with this mess.
The UK specifically might not have a shortage or be expecting a shortage but other countries buying from the same energy market certainly seem to be expecting shortages, so we have to compete.Do we have a lack of oil? Gas? Electricity?
Th
2. Heavily tax or ban gas exports. This would work in the short term, causing a crash in gas prices in the UK. But long-term it would see producers question planned investment in the UK. And it would also make mainland Europe's problems a lot worse, significantly damaging our relationship with our biggest trade partners.
If you're on a donkey why would you get off and march?Classic lazy British attitude to protesting tbh. If people really wanted change they'd get off their asses and march.
It'd be palatable enough if you slapped a nationalistic soundbite on it though "British Gas For British People" and played up "sticking it to those EU fat cats", that'd probably buy the Tories another electionThat boat sailed a long time ago and we have spent the last 6 years damaging our relationship with our biggest trade partners and are continuing to do so. So this would be a perfect policy for the new PM. Although it does smack a bit like communism so they wont do it for that reason alone.
We did have a V shape recovery. I don't think you can pin this on Rishi, the seeds were sown decades ago and lead us to this point.
International problem primarily caused by *GLOBAL* cartels like OPEC+
...Who were caught out by demand dropping massively during COVID causing the prices of some fuels to collapse (particularly for petroleum) so they reacted, as expected, by vastly cutting back the supply.
Go forward and demand picks up and so does the price and they have no incentive to extract fossil fuels quicker and pay for the investment and wages to do so when they can just charge more for what they are already extracting in their cartels.
OPEC+ countries control 90% odd of proven oil reserves.
The only 'fault' of the UK govement in this regard is going along with the Green agenda for renewables, which has put up domestic energy bills a lot and not giving the go ahead for more domestic fracking.
Something which has been very unpopular with many of the very same people now moaning about paying nearly £2 a litre for petrol with gas and electric prices also soaring.
Oh also Russia invading the Ukraine hasn't helped with Russia being an OPEC+ member.
And for the last time it capitalism doesn't require cartels artificially setting prices that don't reflect their real world costs which is more akin to socialism where a goverment sets prices for things that don't reflect the underlying inputs to provide said things!
A properly functioning capitalist system would break up such monopolies.
And bear in mind that a lot of OPEC members are state run organisations or orgs with heavy state involvement!
Conversely you can't have a properly functioning socialist system as they lack markets, which are the only reliable way of turning the massive amout of information out there into prices for goods and services that reflect the inputs to provide then vs the demand for said goods and services.
So someone will have no supply at all?The UK specifically might not have a shortage or be expecting a shortage but other countries buying from the same energy market certainly seem to be expecting shortages, so we have to compete.
If we weren't paying the going rate, then we perhaps would be facing shortages ourselves, as the available supply would be getting sold to someone else.
Most were decommissioned as from memory they were relatively low capacity and mainly meant to maintain local pressure rather than long term storage, I think many of them were stood empty for years/decades.
The fact they were also a fairly major explosion hazard, heavily contaminated by various chemicals and getting hard to maintain and very costly (or impossible with modern safety regs) to replace where they were may also have paid a part in them disappearing.
Basically they weren't needed for the modern gas network, and were an active safety hazard in/near residential areas.
Have you completely missed the news coming out of Europe particularly Eastern States and Germany over the last 6 months or?So someone will have no supply at all?
Not zero supply at all no, but a shortage isn't defined as 'no supply at all', it means not enough supply.So someone will have no supply at all?
So that’s a different matter. Ok so we are not being told to ration, we’re fine as long as we pay more than others.Not zero supply at all no, but a shortage isn't defined as 'no supply at all', it means not enough supply.
There are countries in Europe drawing up plans to potentially ration gas usage over winter.
They're not doing that because there's a massive abundance of gas and we're all just being hoodwinked by the big bad energy companies.