Don't Pay UK

[road2ruin]

Being reported that Ravil Maganov, Chairman of the Board of Lukoil, Russia’s 2nd-largest company & one of the world’s largest oil producers, has died after falling out of a window in Moscow In March, the board called for a quick termination of the war & expressed empathy for all victims

‘Accidentally’ fell out of a hospital window whilst receiving treatment for something else. Happens all the time….

 

[Swinglowandslow]

We may buy only 6% from Russia. Say we buy from US. When Russia turns off the tap to Germany, Germany wil try and buy US oil/gas. so cost of US gas goes up and that is the same we are competing for. So overall demand has outstripped supply for non-russian products. Hence we pay more even though we dont buy from Russia directly.

It is the 100% renewable one that gets more irritating, though i think i understand why that goes up. but it is a random irritation for me.

Again I query this readily accepted reason for why the price should go up highly - unless its unacceptable profiteering.Which I suspect.
Buyers are buying from the U .S.
Along comes Germany , and whoever, to buy from the U,S.
Why cannot Germany be sold the gas at the same price the others are paying?
(Don't trot out "supply and demand")
There is no good reason other than unacceptable profiteering. it isn't necessary to put the price up. They could go on selling the gas at the same profit margin that they were selling it at before Germany et al came along.


And if someone replies that the gas is sold "by auction", let me remind that in an auction the highest bidder gets the item. The other bidders don't get it..
If the gas is sold by auction, what Countries are not getting any gas because they haven't bid high enough?........
Exactly.
Like the energy being sold this winter.. If you can and do pay the price they are asking you can have as much gas and electricity as you want..
Do you think anyone is going to be told....You cannot have any gas, even though you have the money.?

Somebody is making, or going to make, a packet.

 

[Fade and Die]

Again I query this readily accepted reason for why the price should go up highly - unless its unacceptable profiteering.Which I suspect.
Buyers are buying from the U .S.
Along comes Germany , and whoever, to buy from the U,S.
Why cannot Germany be sold the gas at the same price the others are paying?
(Don't trot out "supply and demand")
There is no good reason other than unacceptable profiteering. it isn't necessary to put the price up. They could go on selling the gas at the same profit margin that they were selling it at before Germany et al came along.


And if someone replies that the gas is sold "by auction", let me remind that in an auction the highest bidder gets the item. The other bidders don't get it..
If the gas is sold by auction, what Countries are not getting any gas because they haven't bid high enough?........
Exactly.
Like the energy being sold this winter.. If you can and do pay the price they are asking you can have as much gas and electricity as you want..
Do you think anyone is going to be told....You cannot have any gas, even though you have the money.?

Somebody is making, or going to make, a packet.

We are getting ripped off. Simple as that.

I saw a meme on FB showing the amount of Gas we get from Russia compared with France and Germany and how much our relative gas bills have risen.

We get about 4%
France get 14%
Germany get 49%

But gas bills are rising:
U.K. 80%
France 4%
Germany 13%

I took it with a pinch of salt it being FB and had a little dig into it.

Turns out it’s true, this article explains why it’s a predictably depressing catalogue of short sightedness, under investment, lack of storage and privatisation.

https://www.euronews.com/my-europe/...gy-prices-how-does-the-uk-compare-with-europe

 

[SocketRocket]

Again I query this readily accepted reason for why the price should go up highly - unless its unacceptable profiteering.Which I suspect.
Buyers are buying from the U .S.
Along comes Germany , and whoever, to buy from the U,S.
Why cannot Germany be sold the gas at the same price the others are paying?
(Don't trot out "supply and demand")
There is no good reason other than unacceptable profiteering. it isn't necessary to put the price up. They could go on selling the gas at the same profit margin that they were selling it at before Germany et al came along.


And if someone replies that the gas is sold "by auction", let me remind that in an auction the highest bidder gets the item. The other bidders don't get it..
If the gas is sold by auction, what Countries are not getting any gas because they haven't bid high enough?........
Exactly.
Like the energy being sold this winter.. If you can and do pay the price they are asking you can have as much gas and electricity as you want..
Do you think anyone is going to be told....You cannot have any gas, even though you have the money.?

Somebody is making, or going to make, a packet.

Very good post. Nail on head.

 

[Mudball]

We are getting ripped off. Simple as that.

I saw a meme on FB showing the amount of Gas we get from Russia compared with France and Germany and how much our relative gas bills have risen.

We get about 4%
France get 14%
Germany get 49%

But gas bills are rising:
U.K. 80%
France 4%
Germany 13%

I took it with a pinch of salt it being FB and had a little dig into it.

Turns out it’s true, this article explains why it’s a predictably depressing catalogue of short sightedness, under investment, lack of storage and privatisation.

https://www.euronews.com/my-europe/...gy-prices-how-does-the-uk-compare-with-europe

Because the govt in France and Germany care about citizens. I could say something about ours, but Fragger will come around on his infraction horse..

 

[theoneandonly]

We are getting ripped off. Simple as that.

I saw a meme on FB showing the amount of Gas we get from Russia compared with France and Germany and how much our relative gas bills have risen.

We get about 4%
France get 14%
Germany get 49%

But gas bills are rising:
U.K. 80%
France 4%
Germany 13%

I took it with a pinch of salt it being FB and had a little dig into it.

Turns out it’s true, this article explains why it’s a predictably depressing catalogue of short sightedness, under investment, lack of storage and privatisation.

https://www.euronews.com/my-europe/...gy-prices-how-does-the-uk-compare-with-europe

Is that the France that gets most of it's electricy from nuclear? It's not really possible to compare the 2 to be fair, but I guess it's easy clickbait.
EDF is state owned, it's a lot more complex than just freezing the price. It will need paying for in the end....

 

[Fade and Die]

Because the govt in France and Germany care about citizens. I could say something about ours, but Fragger will come around on his infraction horse..

Problem goes back to the 80s so both sides of the house had plenty of time to fix it but chose short term gains.

 

[Fade and Die]

Is that the France that gets most of it's electricy from nuclear? It's not really possible to compare the 2 to be fair, but I guess it's easy clickbait.
EDF is state owned, it's a lot more complex than just freezing the price. It will need paying for in the end....

Why should we not compare?

Seems like France had the foresight not to put all its eggs in one basket with nuclear and we chose to flog everything off…ironically to the French (EDF)

 

[PJ87]

Is that the France that gets most of it's electricy from nuclear? It's not really possible to compare the 2 to be fair, but I guess it's easy clickbait.
EDF is state owned, it's a lot more complex than just freezing the price. It will need paying for in the end....

Not really to do where they get their electric from because electric is charged at an international rate regardless if its nuclear , coal or renewables ( which is why people are confused why their wind and solar supply still go up) it's that the French government own edf and told them to swallow up the rises and cap it at 4%

We don't own ours

Id like us as a nation move to non for profit companies for energy, transport,water and telecoms .. so profits go back into the network and not to share holders

 

[Mudball]

Not really to do where they get their electric from because electric is charged at an international rate regardless if its nuclear , coal or renewables ( which is why people are confused why their wind and solar supply still go up) it's that the French government own edf and told them to swallow up the rises and cap it at 4%

We don't own ours

Id like us as a nation move to non for profit companies for energy, transport,water and telecoms .. so profits go back into the network and not to share holders

You and your lefty ideas ??

Boris has ok-ed the Sizewell-C nuclear plant.. funnily blames short terminuses of politicians for not thinking about energy esp those from Labour and LD..

https://apple.news/AvJtseuUVQ72ybCnf3GMqgA

 

[Fade and Die]

You and your lefty ideas ??

Boris has ok-ed the Sizewell-C nuclear plant.. funnily blames short terminuses of politicians for not thinking about energy esp those from Labour and LD..

https://apple.news/AvJtseuUVQ72ybCnf3GMqgA

We will miss him when he’s gone.?

 

[PJ87]

You and your lefty ideas ??

Boris has ok-ed the Sizewell-C nuclear plant.. funnily blames short terminuses of politicians for not thinking about energy esp those from Labour and LD..

https://apple.news/AvJtseuUVQ72ybCnf3GMqgA

Left would be nationalising ?

 

[PJ87]

We will miss him when he’s gone.?

Roll on 2024.

 

[SocketRocket]

Roll on 2024.

Might get him back ?

 

[PJ87]

Might get him back ?

If there is any justice in the world he will be in prison by then.

 

[theoneandonly]

Not really to do where they get their electric from because electric is charged at an international rate regardless if its nuclear , coal or renewables ( which is why people are confused why their wind and solar supply still go up) it's that the French government own edf and told them to swallow up the rises and cap it at 4%

We don't own ours

Id like us as a nation move to non for profit companies for energy, transport,water and telecoms .. so profits go back into the network and not to share holders

And it's the French taxpayer who will end up footing the bill...

 

[PJ87]

And it's the French taxpayer who will end up footing the bill...

Which isn't actually a bad thing.. can be spread over years and the wealthiest pay more than the poorest

Almost like a fair system

 

[PhilTheFragger]

Guys
Please stop the little political digs and snipes
c'mon you know the regs by now

 

[SwingsitlikeHogan]

Latest from Martin Lewis https://www.moneysavingexpert.com/latesttip/#hiya

Again he's having to explain that there is NO cap on the amount your energy use could cost you. I don't understand why people don't realise this.

...because too many news outlets (I exclude all BBC outlets from this) loosely and simply describe the cap in ££££s terms, without the necessary conditionality.

 

[Mudball]

Left would be nationalising ?

Looks like we took a decision on 2008 we said we wanted to build 8 nuclear stations to replace the ageing sites, but later decision was made by someone not to build because they won’t be ready by 2021 ..

https://twitter.com/x/status/1565349035493687296

Hindsight is always 20/20