Germany is looking for ways to save gas for the coming winter. Gas storage in the country is nowhere near the levels necessary for the coming seasonal demand. This isContinue readingOktoberfest and Christmas Markets may be cancelled this year due to Russian gas insufficiences
Month: July 2022
EU: The Great Shale Gas Misconception
There are quite a few folk on Twitter suggesting that the answer to the Russian gas squeeze on the EU is fracking for shale gas. The EU’s energy problems haveContinue readingEU: The Great Shale Gas Misconception
Centrica and Shell make big profits, but, windfall taxes aren’t going to help
The news that Centrica, the parent company of British Gas, made £1.3 billion profits in the last six months, more than the £262 million it made in the same sixContinue readingCentrica and Shell make big profits, but, windfall taxes aren’t going to help
Is Keir Starmer on the wrong side of the argument as he drops Nationalisation plans?
Sir Keir Starmer pledged to support “common ownership” when he became Leader of The Labour Party on 4th April 2020. Fifth on his list of ten pledges read… “Public servicesContinue readingIs Keir Starmer on the wrong side of the argument as he drops Nationalisation plans?
Can you afford over £500 a month to pay your energy bills?
Energy bills are due to skyrocket in October when the UK’s energy price cap is increased to at least £3,244, leaving a KW of energy costing British consumers, at, orContinue readingCan you afford over £500 a month to pay your energy bills?
OFGEM has proved incompetent as the regulatory authority of the UK’s retail energy market
Ofgem is incompetent, so says the Business, Energy and Industrial Strategy Committee in their latest report “Energy pricing and the future of the energy market”. Ofgem allowed suppliers to enterContinue readingOFGEM has proved incompetent as the regulatory authority of the UK’s retail energy market
The Bank Rate will rise to 1.75% on August 4th
With inflation now out of control, I think the Bank of England will raise interest rates to 1.75% when they meet for review on 4th August. It is inevitable simplyContinue readingThe Bank Rate will rise to 1.75% on August 4th
If Sunak gets elected PM interest rates won’t rise
I’m seeing a lot of folk on Twitter referring to an article in The Times which states that the tax cuts proposed by Liz Truss will lead to a UKContinue readingIf Sunak gets elected PM interest rates won’t rise
Rishi Sunak has done nothing to help small businesses with their energy bills
Naseem Shah, Labour MP for Bradford West, recently asked Rishi Sunak, the (now former) Chancellor of the Exchequer, what he was doing to help her consituent whose business energy billContinue readingRishi Sunak has done nothing to help small businesses with their energy bills
Thousands of old folk are going to die of hypothermia this winter in UK
Now, some people like to say there is a choice between “eat” or “heat”. That’s nonsense. That is simply a soundbite made up for dim witted politicians to parrot toContinue readingThousands of old folk are going to die of hypothermia this winter in UK