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1 wordRenationalisation
Quote from: normal rules on January 14, 2023, 03:50:36 pmPetrol now 1.47 a litre locally. Is that supermarket prices?Best at local petrol stations round here that I've seen is £1.69.9
Petrol now 1.47 a litre locally.
Checked petrol prices £1.47.9 best I've seen round here
Quote from: roverstillidie91 on January 17, 2023, 08:05:25 am1 wordRenationalisationWatch the Martin Lewis video. The government is practically paying everybody’s energy bills rich and poor at present.Nationalisation won’t change the price of gas any more.
Filo,The Unite report talks about Shell;"These profits are being passed on to shareholders in huge dividends and share buybacks. Shell intends to spend an astonishing £6.3 billion on share buybacks for its shareholders in 2022."There you have it.Don't forget this report was from August 2022, before the escalation in prices over the winter heating season.Public ownership, because you can't tame a wild beast.
Ofgem now suggesting that gas prices need not rise as much as forecast in April;https://www.standard.co.uk/business/business-news/price-cap-could-fall-below-ps3-000-from-april-ofgem-boss-says-b1054952.htmlNow here's a thought.....as wholesale costs have reduced very substantially from the previous peak, how about reducing prices immediately, not in April.The point is that the utilities are being allowed to continue making excess profits for the rest of the winter, when there is no justification whatsoever.Don't hold your breathe for sense to break out!
Quote from: albie on January 24, 2023, 11:40:42 amOfgem now suggesting that gas prices need not rise as much as forecast in April;https://www.standard.co.uk/business/business-news/price-cap-could-fall-below-ps3-000-from-april-ofgem-boss-says-b1054952.htmlNow here's a thought.....as wholesale costs have reduced very substantially from the previous peak, how about reducing prices immediately, not in April.The point is that the utilities are being allowed to continue making excess profits for the rest of the winter, when there is no justification whatsoever.Don't hold your breathe for sense to break out!Isn’t that because the gas they have now to supply was bought at the higher price? Therefore there will be a lag between wholesale cost and consumer cost.
Quote from: albie on January 24, 2023, 02:17:18 pmFilo,The Unite report talks about Shell;"These profits are being passed on to shareholders in huge dividends and share buybacks. Shell intends to spend an astonishing £6.3 billion on share buybacks for its shareholders in 2022."There you have it.Don't forget this report was from August 2022, before the escalation in prices over the winter heating season.Public ownership, because you can't tame a wild beast.I agree, I’ve always said utilities should be public owned run for the public not profit for shareholders
Filo,The Unite report talks about Shell;"These profits are being passed on to shareholders in huge dividends and share buybacks. Shell intends to spend an astonishing £6.3 billion on share buybacks for its shareholders in 2022."There you have it.Don't forget this report was from August 2022, before the escalation in prices over the winter heating season.Public ownership, because you can't tame a wild beast.
Quote from: Filo on January 24, 2023, 02:30:07 pmQuote from: albie on January 24, 2023, 02:17:18 pmFilo,The Unite report talks about Shell;"These profits are being passed on to shareholders in huge dividends and share buybacks. Shell intends to spend an astonishing £6.3 billion on share buybacks for its shareholders in 2022."There you have it.Don't forget this report was from August 2022, before the escalation in prices over the winter heating season.Public ownership, because you can't tame a wild beast.I agree, I’ve always said utilities should be public owned run for the public not profit for shareholdersAnd yet Filo the Labour party who's manifesto should contain statements like this will not touch this with a bargepole.I'm surprised that people aren't waking up more to the fact why they're constantly taken for a ride by both sides of the political devide just now.
Quote from: albie on January 24, 2023, 02:17:18 pmFilo,The Unite report talks about Shell;"These profits are being passed on to shareholders in huge dividends and share buybacks. Shell intends to spend an astonishing £6.3 billion on share buybacks for its shareholders in 2022."There you have it.Don't forget this report was from August 2022, before the escalation in prices over the winter heating season.Public ownership, because you can't tame a wild beast.I agree, I’ve always said utilities should be public owned run for the public not profit for shareholders
Filo,The Unite report talks about Shell;"These profits are being passed on to shareholders in huge dividends and share buybacks. Shell intends to spend an astonishing £6.3 billion on share buybacks for its shareholders in 2022."There you have it.Don't forget this report was from August 2022, before the escalation in prices over the winter heating season.Public ownership, because you can't tame a wild beast.
Labour was in power between 1997 to 2010 and managed to ensure that the energy sector that should of been reconstituted then was left to continue in this very form, so why was that the case? The opportunity was there but not the political will. So is it right for them to sit back now and criticise a system that they could of "improved" so that today we didn't have this mess?Why does it always seem like carping from the sidelines is preferable to action?
Quote from: danumdon on January 25, 2023, 10:55:49 pmLabour was in power between 1997 to 2010 and managed to ensure that the energy sector that should of been reconstituted then was left to continue in this very form, so why was that the case? The opportunity was there but not the political will. So is it right for them to sit back now and criticise a system that they could of "improved" so that today we didn't have this mess?Why does it always seem like carping from the sidelines is preferable to action?Hindsight. Where was the great public pressure for nationalisation in the 00s?Labour stood on manifestos calling for Govt intervention in the economy in 2017 and 2019. Did you vote for them?
Labour was in power between 1997 to 2010 and managed to ensure that the energy sector that should of been reconstituted then was left to continue in this very form, so why was that the case? The opportunity was there but not the political will. So is it right for them to sit back now and criticise a system that they could of "improved" so that today we didn't have this mess?Why does it always seem like carping from the sidelines is preferable to action?
Quote from: BillyStubbsTears on January 25, 2023, 11:05:51 pmQuote from: danumdon on January 25, 2023, 10:55:49 pmLabour was in power between 1997 to 2010 and managed to ensure that the energy sector that should of been reconstituted then was left to continue in this very form, so why was that the case? The opportunity was there but not the political will. So is it right for them to sit back now and criticise a system that they could of "improved" so that today we didn't have this mess?Why does it always seem like carping from the sidelines is preferable to action?Hindsight. Where was the great public pressure for nationalisation in the 00s?Labour stood on manifestos calling for Govt intervention in the economy in 2017 and 2019. Did you vote for them?As far back as i can remember there has been a debate about future energy requirements. Labour and Green activists have been talking about climate warming/change for as long as anyone would listen to them. To say its now hindsight just makes it look like a greater failing on all political parties to not have the foresight to plan ahead.It seems they all have the same short term mentality when it comes to proposing these projects who by their very nature require more than a couple of political terms to come to fruition.It seems Labour are as guilty as the Tories in not having the political foresight to bring these transformative policies to light. Shame.
Quote from: danumdon on January 25, 2023, 10:55:49 pmLabour was in power between 1997 to 2010 and managed to ensure that the energy sector that should of been reconstituted then was left to continue in this very form, so why was that the case? The opportunity was there but not the political will. So is it right for them to sit back now and criticise a system that they could of "improved" so that today we didn't have this mess?Why does it always seem like carping from the sidelines is preferable to action?Hindsight. Where was the great public pressure for nationalisation in the 00s?Labour stood on manifestos calling for Govt intervention in the economy in 2017 and 2019. Did you vote for them?
Labour was in power between 1997 to 2010 and managed to ensure that the energy sector that should of been reconstituted then was left to continue in this very form, so why was that the case? The opportunity was there but not the political will. So is it right for them to sit back now and criticise a system that they could of "improved" so that today we didn't have this mess?Why does it always seem like carping from the sidelines is preferable to action?