UK Power supplies Winter 2022/2023. Are you prepared ?

[honeybee13]

...and help the 'war effort'.

 

Meanwhile the soon to be ex-PM says '…the energy spike is caused by Putin’s economic blackmail and aggression… we are doing everything we can… you will suffer… but unlike Putin… you will come out stronger…'

[tobyjugg2]

I'm sure Crowley is turning (almost as much as Truss and Sunak) in his grave at the thought of the populists being associated with satanists and dragging down their credibility.

 

 

[honeybee13]

Satanists?

[brassnecked]

Some tinfoil hatter's reckon the WEF is a nazi inspired satanic cult that worships a  goat headed entity all mixed in with Freemasonry, and the Golden dawn, and they kidnap amnd sacrifice children for Adrenochrome, and its all linked with Epstein Island and the book Ghislane maxwell has hidden somewhere.  I'm sure  TJ can turn up some links.  Its real don't even go there stuff best avoided its real nutjob stuff.

[honeybee13]

I see what you mean.   Thank you for the warning.

[tobyjugg2]

I'm sure Pan and Cernunnos among many others would be mightily offended (if they gave a damn) by 'Christians giving 'Satanists the idea than an antlered earth/fertility/life spirit is the devil and that snakes were the embodiment of sin.

 

Whereas we should all know that religions which moved away from the celebration of life to the control of people are undoubtedly the real original sin.

 

 

 

 

 

 

[brassnecked]

Yes TJ their control freakery smacks of a cult.

[FruitSalad1010]

Natural Gas futures reached highs of $13.69 in 2008, $15.78 in 2005, $10.10 in 2003 and $9.90 in 2000.

 

Between 2000 and 2014 the average annual price paid for gas increased at a compound annual growth rate of 6.41%.

 

Natural gas futures peaked this week at $10 and somehow this results in a price cap increase of 80%.

 

Adjusted for the weak pound, this weeks high of $10 is equivalent to $15.12 when compared to 2005.

The average price paid by consumers in 2006 was 18% higher than in 2005.

 

What is different today compared to the supply shocks of 2000, 2003, 2005 and 2008 which has resulted in such drastic price increases?

[honeybee13]

Thank you Fruitsalad. I don't know the answer but that's good information and a good point.

[honeybee13]

A new Twitter thread from Jolyon Maugham. Maybe Fruitsalad's information would be useful to him.

 

 

[honeybee13]

...and the blame game goes on, it's nothing to do with the people who've been in power since 2019. Camilla Tominey in the Telegraph blames Treeza May.

 

archive.ph

ARCHIVE.PH

 

[unclebulgaria67]

I would want to know how much the reduction in supplies from Russia had actually reduced overall world supply levels.

 

If the market prices companies are paying for energy are stupidly inflated, because there is manipulation going on, as producers/sellers are taking advantage of Ukraine war, then Governments on an international basis should be agreeing actions to stop this.

 

I was listening to LBC radio one morning this week and there was an energy market specialist who was saying that energy companies buying supplies had seen prices double and treble over a short period of time.

 

In the meantime, UK Government should do the same as French and pay the cost of keeping the prices down to protect domestic and business users as well as the economy. Does not make any sense for Governments to come up with all kinds of payments to domestic consumers to help them through Winter.  Tackle the problem at the energy companies end, by supporting them to keep the tariffs reduced.

[brassnecked]

Its the Futures market again possibly just like how it was parodied in Trading Places.

[tobyjugg2]

I was trawling through various sources, but checked the headlines and someone been doing it for me.

Must admit not done my usual sanity checks as it looked valid (no obvious alarm bells) at a quick peruse.

 

Gas crisis ‘responsible’ for 95 per cent of energy bill hike

WWW.INDEPENDENT.CO.UK

---

Global gas prices have been increasing since last year due to an increase in demand and Russia’s invasion of Ukraine

 

 

We should be looking at who is enabling the transfer of oil and gas from Russia, as well as whos buying it (China, Turket and India among others), as well as who is laundering the proceeds ....

[honeybee13]

This is awful. It sounds more like an existence than a life. The government seems unable to see the problem though.

 

We live on cereal and soup, I ration washing my hair - what else can I give up to survive? | Siobhan | The Guardian

WWW.THEGUARDIAN.COM

---

Tax cuts for the rich is Liz Truss’s solution to all this, when what me and my dad really need is an action plan, says Siobhan

 

[brassnecked]

Its sadly a reflection of life for some, soon to be the default for many other's As toTruss if she was a surgical support she couldn't support a hernia, as to Sunak, another rich boy playing with people's lives as if its a game.  Both are WEF member's.

[tobyjugg2]

Not just tax cuts for the rich ..

 

Uselss has just announced tat the water companies will 'have to' clean up their mess, and as someone has to pay - that must be higher water tax on customers - after all their profits cant be hit

 

and you can guarantee that any 'help' from Truss or sunaks guv will be protecting the profits of energy companies by dumping any cost on the taxpayer credit card. After all, their profits cant be hit.

 

Absolute guarantees.

Edited August 27, 2022 by tobyjugg2

[honeybee13]

Investigation from openDemocrcy.

 

How investors mortgaged UK utilities – and we pay the price

WWW.OPENDEMOCRACY.NET

---

As British beaches are closed and workers’ wages plummet, the overseas owners of UK firms are banking billions

 

[tobyjugg2]

So we have 'less gas being used @ 3 times the cost for a bit less gas

- reality seems to be that russia is selling a small amount less but to different people, and the USA among a couple others is selling more to the west

and of course all the usual suspects like BP and Shell are selling the same gas, at the higher prices, to the same people, for more crapload money.

 

As @FruitSalad1010raised - thats a crapload of profit going out our pockets to ... somewhere

 

Edited August 28, 2022 by tobyjugg2

[honeybee13]

Report on energy industry bosses in government.

 

Fears raised that ex-energy bosses ‘sway government policy’

WWW.OPENDEMOCRACY.NET

---

Exclusive: Scale of ‘revolving door’ between major energy firms and key Whitehall posts revealed

 

[brassnecked]

It all makes sense now HB 

[tobyjugg2]

So who thinks a chunk of short term energy bills help (on the taxpayer credit card - so guaranteeing energy company profits) by the incoming PM, then a snap general election off the back of it?

 

 

 

[brassnecked]

Meanwhile another view of the causes of the Energy Crisis

British energy planning (a horror story) | James McSweeney | The Critic Magazine

THECRITIC.CO.UK

---

Looking for a light read? Perhaps a fairy tale to settle the kids before bed? If so, I highly recommend the publications page of the Department of...

 

[brassnecked]

Its a possibility TJ

[brassnecked]

Meanwhile is this a possibility?

Blackouts and battle rhythms: The full emergency plans if the UK runs out of gas this winter

INEWS.CO.UK

---

Television, social media and even loudhailers on National Grid vans could issue public appeals to stop using gas in the event of a crisis