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Old 10-08-2022, 16:29   #861
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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Re: The energy crisis

Quote:
Originally Posted by Paul View Post
You mean like the 30 or so "suppliers" that went bust in the last year or so because suppliers are clearly not making any profits.

Seems more like you are deliberately interpreting parent company profits as theirs, when they are not.
The industry is price gouging consumers, with no link to the cost of producing energy. The suppliers (essentially speculators) in the middle going bust is entirely incidental. They exist to manufacture competition in a process that doesn’t really exist, and isn’t necessary other than to give a pretence that the free market serves public utilities.

Last edited by jfman; 10-08-2022 at 16:40.
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