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Originally Posted by ianch99
I think that there is one point that demonstrates that the whole privatised energy sector is a scam and that is whilst the UK produces nearly 50% of renewable electricity, where the production costs are not impacted by oil/gas prices, the price of electricity presented to the consumer is rising in line with gas.
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What happened in July?
Gas again topped the generation mix at 43.7%, with zero carbon sources providing 43% overall, peaking at 80% at their highest across the month.
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---------- Post added at 12:50 ---------- Previous post was at 12:48 ----------
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Originally Posted by Hugh
The clue might be in the name - Organization of the Petroleum Exporting Countries 
They are Oil/Petroleum, not Gas... |
They also produce Gas, which can nowadays be shipped around the world in LNG tankers.
---------- Post added at 13:00 ---------- Previous post was at 12:50 ----------
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Originally Posted by jfman
You’ve been told this is a pointless, arbitrary distinction (as opposed to considering the market as a whole) that has no value to the discussion.
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Socialism for fat cats. Nationalise the losses, privatise the profits. The banking crisis all over again.
How about we privatise the losses and nationalise the profits?
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Energy companies that cannot offer lower bills should be temporarily brought into public ownership, Gordon Brown has said,
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How can they offer "lower bills" using non-existent profits? How many energy suppliers have UK based parent companies in the first place?
If you were to do a survey asking which supplier people had, and asked if that supplier making "massive profits", what do you think they would say?
So who apart from me, and perhaps a few others, ISN'T saying that the suppliers are making "massive profits"?