Along_the_Wire See page 26 here…. The massive increase is almost entirely driven by market prices (Putin shutting off supply)
https://researchbriefings.files.parliament.uk/documents/CBP-9491/CBP-9491.pdf
Don’t get me wrong - the government needs to subsidise prices now… too many people going to be in too deep shit.
Jules72 where are BP and Exxon’s ridiculous profits coming from?
Along_the_Wire it’s true they’re benefiting from higher prices on markets… so there’s a strong case for a windfall tax
The thing is, there’s absolutely no shortage of gas - we are all able to be supplied without Russia - this is all down to ruthless profiteering and taking advantage of the situation.
Basically, if you want gas you pay our price - get it cheaper elsewhere if you can.
Profiteering cunts being profiteering cunts and taking advantage of the situation - nothing more
Jules72 wholesale cost is what BP, Exxon et al are charging, right?
Exactly, the energy firms we have supply us are a convenient middle man for the big boys. They take all the flak when they aren’t the problem - but they should be doing a lot more to call it a out for what it is
Analysts predicting wholesale gas prices could shoot up by as much as 50% as Russia delays reopening Nord Stream 1 pipeline.
Getting to the point where it’s actually a cheaper option having a nuclear war. Just nuke the cunts. See what happens.
It’s probably all part Putin’s plan. Cut the gas pipeline to Europe which would drive up the cost causing people into fuel poverty as payback for supporting Ukraine.
Along_the_Wire yeah… point I was making a while back though is that retail energy providers aren’t the problem .. the original source of the problem is Putin, but it’s true that BP etc are benefiting
It’s Flares sat alone in his bedsit living off his £2 a month royalties for having a filler track on Communicate that I really feel for in these tough times.
Some poor misguided halfwits will still be absolving Putin of blame whilst freezing in their bedsits, eating beans over the winter. It’s the fucking Tories!
wholesale gas prices are dropping, or were at the end of the week. Germany has got more reserves than thought. Still about 5x normal for december delivery though
alistair yeah risk is gas prices go lot higher again… by the way Putin completely cut off gas on Friday because the G7 implemented a price cap on Russian oil. Hard to fathom the reasoning for doing this when I would have thought the G7 wasn’t importing much oil from Russia in the first place… The West has probably shot itself in the foot unfortunately
