22 :censored: percent!!!!
Discussion
2006 is a historic year, it marks the point when after 30 years of self sufficiency the UK becomes a net importer of gas and oil. The fact that this has coindcided with something of a global energy sqeeze is the explanation for the price increases.
Now the fact that we are increasingly dependent on imports for almost everything we physically consume from food, to clothes, to cars and fuel shouldn't worry you as we have a world class paper shuffling sector.......
ps, Plotloss yes, that is exactly what is means, alot electicity in the UK is generated using gas powered plants.
>> Edited by timmy30 on Friday 17th February 13:38
Now the fact that we are increasingly dependent on imports for almost everything we physically consume from food, to clothes, to cars and fuel shouldn't worry you as we have a world class paper shuffling sector.......
ps, Plotloss yes, that is exactly what is means, alot electicity in the UK is generated using gas powered plants.
>> Edited by timmy30 on Friday 17th February 13:38
Power stations that run on gas to generate electricity...
Alot of the UK's vast reserves are being wasted for cheap power production today, at the cost of expensive alternatives in the future
Still, I could happily live using 50% of the power I do now if I had to, no skin of my back. Just the people who already live on the breadline, or have big families etc... feel sorry because this will squeeze alot of people badly!
Ah well, put it down to our amazing governments ability to plunder a cheap efficient public resource that would have lasted many decades for residential and industrial use, be wasted to generate cheap clean (ish) leccy for the short term!
Dave
Alot of the UK's vast reserves are being wasted for cheap power production today, at the cost of expensive alternatives in the future
Still, I could happily live using 50% of the power I do now if I had to, no skin of my back. Just the people who already live on the breadline, or have big families etc... feel sorry because this will squeeze alot of people badly!
Ah well, put it down to our amazing governments ability to plunder a cheap efficient public resource that would have lasted many decades for residential and industrial use, be wasted to generate cheap clean (ish) leccy for the short term!
Dave
BBC said:
Seventeen million British Gas customers are facing higher bills after the firm raised its gas and electricity prices.
Ah, and that would be why they have been calling me to move over to them for gas & electricity supplies, so that they can have more customers to invoice and they were saying they can save me money if I changed.
Mr Whippy said:
Ah well, put it down to our amazing governments ability to plunder a cheap efficient public resource that would have lasted many decades for residential and industrial use, be wasted to generate cheap clean (ish) leccy for the short term!
Dave
Oh that's not the worst of it, the stupid greedy
ers just ramped the effective rate of corporation tax on companies exploring the N Sea for new reserves to over 50% with the result that many are cancelling projects......which will make the decline far steeper. TeamD said:
we have a world class paper shuffling sector.......
Soon to be replaced by an automated system designed, written, developed and tested in Bangalore.
Iv'e given up banging on about a diverse economy being just as important as a diverse investment portfolio. Everyone else seems to think that investing every penny in buy-to-let and happily working in a call centre economy is a great idea.....no risk at all is there, what could go wrong?
alfaman said:
The European wholesale price is artificially high - apparently there has been price fixing(?) , and supply hoarding ( to drive up prices ) in France and Germany - currently an investigation going on into "anti-competitive" behaviour in European Gas market. 
I really don't believe that, what I do believe is that the media are going to play on the anger/suprise felt by the general public by making sensational allegations that the market is somehow being rigged. The German media has made the same allegations about petrol prices, that was a load of cobblers too.
That's why I have problems with the anti-greens who bang on about how unnecessary alternative power is, and whinge at nuclear and wind as being too intrusive in their precious little lives. I'm not 'green' - but ignoring all the global warming BS you can still see that dependancy on fossil fuels is not a good plan.
As someone has said, we're now a net importer (as is America) of fossil fuels, which makes the whole market (a)less controllable and (b)political. The result is nasty little suprises like this, and fights over sources of fuel (or "other people's countries" as they're more commonly called).
So - I'm looking into wood pellets to heat our home. I don't give a
about the green bit, but I figure that trees are a fairly predictable crop with no built-in decline in supply, unlike gas, oil or lpg.
As someone has said, we're now a net importer (as is America) of fossil fuels, which makes the whole market (a)less controllable and (b)political. The result is nasty little suprises like this, and fights over sources of fuel (or "other people's countries" as they're more commonly called).
So - I'm looking into wood pellets to heat our home. I don't give a
about the green bit, but I figure that trees are a fairly predictable crop with no built-in decline in supply, unlike gas, oil or lpg. Greedy money-grabbing b
s! As an aside I was reading a science journal a few months back and they were talking about gas hydrates buried under the sea. The total amount of these deposits stretch in to the trillions of tonnes mark, the only problem they have at the moment is finding a way of getting this stuff up from the sea bed as it's all mixed in with sediment. I've never even heard of this mentioned in the mainstream press. Perhaps they're trying to keep it quiet?
Tuna said:
As someone has said, we're now a net importer (as is America) of fossil fuels, which makes the whole market (a)less controllable and (b)political. The result is nasty little suprises like this, and fights over sources of fuel (or "other people's countries" as they're more commonly called).
Ironic that we're sitting directly over about 1000 years worth of recoverable coal isn't it, but that we import most of ours from Australia FFS......( whose coal incidentally the Chinese are now competing with us for ).
>> Edited by timmy30 on Friday 17th February 14:08
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