Gas Prices

[SydneyRover]

Do I get 12 years to think about it hound?

I think you would probably need that amount of time.

for someone that claims not to vote conservative you certainly pop up with plenty of silly gotcha questions,

[drfchound]

Do I get 12 years to think about it hound?

I think you would probably need that amount of time.

for someone that claims not to vote conservative you certainly pop up with plenty of silly gotcha questions,

By the way, are you saying that the government have had twelve years to come up with a solution to something that no one knew about twelve years ago.
The question I asked is perfectly legitimate but I think that you are keen to criticise but not able to offer solutions.
What has the way anyone votes got to do with this anyway.

[SydneyRover]

talk to bb about it

[drfchound]

I’ll take it that you also have no idea then.
Full of blather as usual.

[SydneyRover]

I just thought bb is more your level of conversation is all hound.

[drfchound]

I just thought bb is more your level of conversation is all hound.

You can aspire to get there perhaps one day.

[SydneyRover]

I was right aye hound?

[drfchound]

I was right aye hound?

Another attempt to engage goes up the wall, well done.
You can have it.
#The last word.

[SydneyRover]

                                                   


                                                         

[rich1471]

More people would just refuse to pay if this ever happened , Maybe give less to the share holders  , Anderson suggested a "social tariff" to target help to those least able to afford their energy bills.

"I think it's got to the point now where the government in October, for anybody that's deemed to be in fuel poverty or vulnerable, and that will include pre-payment metre customers, a £1,000 payments should be taken off their bill and put into a fund," he said.

"That fund can then be repaid over a 10-year period across the rest of the customer base."

   

[SydneyRover]

sheesh

''Boss of collapsed Bulb Energy criticised for £250,000 salary funded by taxpayers''

https://www.theguardian.com/business/2022/apr/19/boss-of-collapsed-company-bulb-energy-criticised-for-250000-salary

[selby]

   The plan will be to let the prices stay where they are roughly to get investment back into the North sea and export to Europe replacing Russian produce as quick as possible and get the UK back to being a net exporter of gas and oil.
 The investment has to come from somewhere the governments expenditure is already extended so the British users of energy will pick up most of the bill at their expense, the upside will be on shore highly skilled and paid engineering and service jobs.

[albie]

What is going to happen is mass default on paying bills at the new tariffs.
This will push many of the marginal suppliers into insolvency;
https://www.energylivenews.com/2022/04/20/energy-chiefs-expect-severe-impact-on-customers-ability-to-pay/

So the industry will face a meltdown in the sector unless government intervene with targeted support measures.
A sum is already allocated to customers to cover the business failure of many unhedged suppliers to date.

North Sea extraction would be incompatible with UK climate policy, now set in law.
The viability of selling to international markets would be vulnerable to prices from other gas suppliers, and would also be undermined by widespread policy commitments to reduce gas dependency year on year.

[River Don]

Even if the UK opens up gas fields in the North sea and starts fracking the desolate north...

It's not likely to impact gas bills because the stuff is sold on the international markets

And we certainly won't see any benefit in time for next winter

[River Don]

What it is, is a monumental failure of long-term planning for the UKs energy supply and security.

Taken together with the unavoidable recession we now face. And the chancellor's apparent denial of that truth in being the only country in the G7 to raise taxes at this time.

On top of the country having a proven dishonest leader and a dodgy chancellor who doesn't pay his taxes..

You still have to wonder, taken altogether if it's enough to shake the electorates faith in the tory party.

[SydneyRover]

What it is, is a monumental failure of long-term planning for the UKs energy supply and security.

Taken together with the unavoidable recession we now face. And the chancellor's apparent denial of that truth in being the only country in the G7 to raise taxes at this time.

On top of the country having a proven dishonest leader and a dodgy chancellor who doesn't pay his taxes..

You still have to wonder, taken altogether if it's enough to shake the electorates faith in the tory party.

Back to the OP of all recent threads on gas and energy prices then, nothing has changed

[BillyStubbsTears]

When there's an emergency Budget this summer, those Captain Hindsight barbs aren't going to be worth much, are they?

https://www.bbc.co.uk/news/uk-politics-61207802

There is absolutely no justification for the lack of measures to help people out in Sunak's Spring Statement. There is no justification for not putting his hand up and admitting he should have done more.

[drfchound]

There has been measures to help some people out.

[rich1471]

Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world.

Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the same period last year.

But the firm said pulling out of Russian oil and gas due to the Ukraine conflict had cost it $3.9bn (£3.1bn).

On Tuesday, rival BP also reported a sharp rise in profit, but the UK has so far ruled out a windfall tax. From the bbc

[ravenrover]

But but the Energy companies don't want a windfall tax says our PM. I don't want a bigger gas or electric bill but have no choice

[River Don]

Ukraine has announced it is going to have to start cutting Russian gas supplies into Europe.

The Russians aren't accepting Germany gas payments that aren't in Roubles.

A think tank estimates this morning that 1.5 million in the UK aren't going to afford to cover the basics of food and fuel this winter.

In the developing world 107 countries are already under stress, Sri Lanka is the first Government to fall.

This winter is going to be like nothing we've seen before

[SydneyRover]

We'll see if we can get the government's number 1 fanboy to tell us how they are going to sort it out, I'll go and put the kettle on.

[SydneyRover]

Gas prices started to rise steadily around last April before seriously rising around December, this along with 24 or so retailers going bust I would have thought it would make it a hot topic on parliament's opening day, did I miss it?

[Glyn_Wigley]

There has been measures to help some people out.

'Some' being the most important word there.

My energy bill has gone up over 150% in the last year with not one penny's worth of 'measures to help'.

[River Don]

There has been measures to help some people out.

'Some' being the most important word there.

My energy bill has gone up over 150% in the last year with not one penny's worth of 'measures to help'.

This is it, it's not just going to be those who are already struggling, or those just about managing. There are going to be a lot of families who will get by but will really start to feel the pinch.

[drfchound]

Agreed RD.  Things will have to happen quickly to avoid that.
Maybe everyone should lobby Putin to see if he will call the war off

[SydneyRover]

If anyone is trying to deflect and blame russia after 12 years of tories contact them here:

''The embassy of Russia in London is located at 6/7 Kensington Palace Gardens and can be contacted by telephone on 20 7229 6412 as well as by email info@rusemb.org.uk and kanc@rusemb.org.uk. The consular section is located at 5 Kensington Palace Gardens and can be reached by telephone on 20 3668 7474''

[drfchound]

That is good information Syd.
I take it that you won’t be making the call as it doesn’t affect you.

[River Don]

Syd,

It's difficult to getaway from Russia being a major culprit in this. First limiting gas supplies to pressure Germany and the EU. Then invading Ukraine, causing chaos in the energy markets and havoc in the food chain. Particularly with the supply grain and vegetable oil from Ukraine.

[DonnyOsmond]

The prices increases were announced a fair bit before Russia invaded Ukraine, weren't they?