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Old 08-07-2022, 15:40   #788
nomadking
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Re: The energy crisis

Quote:
Originally Posted by Jaymoss View Post
Those who drill the oil and gas are the ones taking the mick. Profiteering on the back of a global crisis. High demand means they can charge what they want and by golly they are doing exactly that

We should frack in this country and stuff the do gooders
They DON'T set the prices. The buyers do in a sort of auction process.
You've highlighted the biggest source of extra costs, and higher gas prices, and that is the Green fascists. Eg The start of this was in a major part created by Germany's policy of switching off nuclear and coal, and trying(and failing) to rely on wind power instead.

---------- Post added at 15:40 ---------- Previous post was at 15:38 ----------

Quote:
Originally Posted by Sephiroth View Post
There's not enough transparency on this. For example, what proportion of the wholesale price increase is absorbed by the energy suppliers?
Or are the maintaining their margins and thus their gross profit?

They publish the figures, and even put them on your bill.
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