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Old 04-02-2022, 12:53   #501
Sephiroth
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Re: Energy companies collapse

Quote:
Originally Posted by Jaymoss View Post
The UK used to drill its own Gas Wells if it invested in storage and did not sell it all off we would not have to buy any from anyone else. This is why I have banged my head against a brick wall with the 30+ years ago when it all got screwed up

British Gas was privatised in 1986 by that wonderful prime minister Thatcher we are in this mess imo directly due to this event in history
She was wonderful except for the privatisation of national utilities. I can see why - she wanted to bring cash in to fund capital projects and debt. Since then, that privatisation has been a blot on the country's copy book.

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