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27 commenti
Great. Why not. Just take everything from us, let us all be destitute and miserable. What a life here.
I mentioned this the other day in another thread, but heating oil (kerosene) has jumped from £600 for 1000litres last week to £1274 as of this post. Obviously, supplies aren’t disrupted this much yet so there’s some opportunistic profiteering going on by the looks of it.
Oh no, not this again. The endless competition to predict the highest energy bills.
Remember when the predictions were pushing [£4500](https://www.theguardian.com/money/2022/aug/09/uk-energy-bills-forecast-to-hit-4266-from-january)?
Just as we got told bills were coming down, Trump does Trump things.
The endless cycle this 21st century of taking one step forwards and two steps back.
Only because energy companies will insist on retaining theie huge profit margins, and pass anyband all increased costs to the end consumer.
War is good for business. Unfortunately for the rest of us, Israels wars will never end.
Why? Isn’t our energy mostly green and nuclear now?
The media are shitting on Starmer this morning for not being “war ready”.
I’m glad we’re not fuckin war ready. This shouldn’t be happening. This action will do nothing but further destabilize the world politically and financially.
I want Starmer to tell Trump he’s a knob end and to fully investigate his crimes in the unredacted Epstein files.
I for one think it’s only fair to maintain shareholder value for the energy companies at all costs
Thanks Donny. We’ll all forget about the child rape now.
I was on a gas tracker with no price cap. I’ve just fixed for 12 months because I don’t want to run the risk of crazy prices.
Not sure with electric is going to do though. I’m on IOG.
I had this argument with another redditor just a few days ago.
Them: No energy prices are going to be low forever now because it was the green subsidies fault
Me: No, because the price of energy is slaved to the price of gas, even though most of our supply is renewable they’ll still find an excuse to put it up.
Them: you don’t know how it works!
I thought I’d have to wait until September to be proved right..but alas the oil lobby worked quicker on Trump this time.
“Could” or “Should”.
Can these “think tanks” start pressuring the government to impose more severe caps on energy profiteering instead of fear monging price increases so these energy companies can get a bigger profit than last year?
We all know think tanks are often paid for by companies to set the mentality for something. Do something. This is a joke.
But I thought he secured (stole) Venezuela’s oil before destabilizing the middle east?
Well given the Yanks and the Israelis started this shit, *they* can pick up the bill.
Trump is wrong on almost everything, but he does have a point on UK’s energy policy.
It is bonkers we overpay another country for energy that comes from the North Sea reserves because we refuse to extract from the North Sea, all to protect the environment.
Meanwhile, India, China, US etc al. pollute with no care in the world.
I wish I was privileged enough to not feel the dumb shit privileged people do to non privileged people
As soon as I heard the US hit Iran I rushed to get a fixed tariff.
“Could” but won’t. They will be unstable for a bit but the idea that energy prices will do that depends on Iran’s ability to close the Hormuz strait. Technically they’ve already done that, but the response so far has been “Yeah, you and what navy?” Since their entire navy is currently sitting on the bottoms of their harbours, they don’t have a great comeback to this.
They could perhaps adapt drones and their missile stocks to this, but (a) they’re ripping through their stocks pretty quickly on other things, (b) they’re losing launch sites at a pretty fair clip and (c) the US has two carrier groups in the Persian gulf, which is probably enough to prevent much damage being done.
Send the bill to Trump courtesy of the White House.
The privatisation of necessities was truly a huge mistake. It worked for a little while as companies fought to get contracts and be competitively priced but they got too much power too quickly and now refuse to take any “hits” when the markets are bad. They pass it all on the consumer and we are forced to pay stupidly rich people even more money year on year.
This is one of many reasons we need to utilise renewables more. Renewable energy is simply more secure than fossil fuels.
Unsure about where our supply of nuclear comes from so can’t comment on that side.
My tin foil conspiracy mind now thinks these conflicts are all just a way to extract more money out of everyday people. As soon as prices start to drop or stabilise, let’s start something to make them to rise again, and then rinse and repeat.
I was also informed that the Peace President had already ended this conflict, ended must have been used in a loose way.
Remember this when Reform want to stop building wind power and The Greens want to shut down the nuclear power plants
People that want to walk back from our green commitments don’t see that renewable energy such as solar is designed to mitigate this dependency on oil and the volatility that comes with it.
The headline should read “UK Energy Companies poised for record profits over Iran-US war”
I hate this place.
Food prices too. Food like everything else needs transportation so it will rise because of that alone but in addition 33% of the global supply of fertiliser passed through the straight.