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Energy Crisis

Page 3 of 10

posted on 26/8/22

comment by Nickasaurus (U9257)
posted 11 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------

Jesus wept.

The sharp economic minds of JA606 are out today.

posted on 26/8/22

comment by Winston (U16525)
posted 28 seconds ago
comment by Nickasaurus (U9257)
posted 11 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------

Jesus wept.

The sharp economic minds of JA606 are out today.
----------------------------------------------------------------------
Once again, do you think this is ALL down to the Russia invasion?

posted on 26/8/22

‘ starmer would eat Boris for breakfast at PMQs every week.’

Then why hasn’t he done it yet other than a couple times? Other parties have been far more vocal over the cost of living crisis while Starmer has pretty much opposed any strikes. Pretty much every Labour person I knows hates him and thinks he’s useless.

posted on 26/8/22

FFS....



Why are energy prices so high?

Energy prices soared throughout 2021 due to a combination of factors. It is an international issue rather than something solely affecting the UK.
Last year countries in Asia and Europe used significant amounts of gas stocks during a long winter, and the increased demand helped drive up prices, while the reopening of economies following the Covid-19 pandemic also led to higher energy usage.
More recently, the conflict in Ukraine has led to the cost of Russian gas soaring even further, which has in turn pushed bills higher.
In the UK, very little gas is sourced from Russia, but this has not shielded suppliers from the pricing impact across the rest of Europe, which typically purchased around 40 per cent of natural gas from Russia.
Due to sanctions placed on Russia Europe is buying less gas from Russia, but cutting out the Russian supply has pushed up the price of gas from other sources.
Due to current market conditions, energy prices are continually being increased with the cap expected to rise even further next year.

posted on 26/8/22

comment by AFCISMYTEAM (U14931)
posted 6 minutes ago
comment by Winston (U16525)
posted 28 seconds ago
comment by Nickasaurus (U9257)
posted 11 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------

Jesus wept.

The sharp economic minds of JA606 are out today.
----------------------------------------------------------------------
Once again, do you think this is ALL down to the Russia invasion?
----------------------------------------------------------------------

No one said that.

posted on 26/8/22

comment by manutd1982 (U6633)
posted 4 minutes ago
‘ starmer would eat Boris for breakfast at PMQs every week.’

Then why hasn’t he done it yet other than a couple times? Other parties have been far more vocal over the cost of living crisis while Starmer has pretty much opposed any strikes. Pretty much every Labour person I knows hates him and thinks he’s useless.
----------------------------------------------------------------------


he has ben kicked out of office due to the constant questioning in Parliament, you clot.

posted on 26/8/22

comment by RB&W - Whiteside has done it again (U21434)
posted 57 seconds ago
FFS....



Why are energy prices so high?

Energy prices soared throughout 2021 due to a combination of factors. It is an international issue rather than something solely affecting the UK.
Last year countries in Asia and Europe used significant amounts of gas stocks during a long winter, and the increased demand helped drive up prices, while the reopening of economies following the Covid-19 pandemic also led to higher energy usage.
More recently, the conflict in Ukraine has led to the cost of Russian gas soaring even further, which has in turn pushed bills higher.
In the UK, very little gas is sourced from Russia, but this has not shielded suppliers from the pricing impact across the rest of Europe, which typically purchased around 40 per cent of natural gas from Russia.
Due to sanctions placed on Russia Europe is buying less gas from Russia, but cutting out the Russian supply has pushed up the price of gas from other sources.
Due to current market conditions, energy prices are continually being increased with the cap expected to rise even further next year.

----------------------------------------------------------------------
Source ? It's right though

posted on 26/8/22

comment by manusince52 (U9692)
posted 13 minutes ago

It's not right.
We cannot stand by and watch Russia invade a neighbouring democratic country, because it wants to.
----------------------

I'm not sure "we" have any right to lecture another country on invasions and military violence, frankly, given that the UK is only 2nd after the US in global affairs for doing this very thing (as well as overthrowing/undermining democratic or independent governments & installing/supporting brutal human rights abusing regimes). I'm not convinced that ploughing more money & weapons into the conflict is the best option, though I accept there are no 'good' options, either.

The energy price rises are pretty scary I have to admit. I've personally found the last 6 months to be quite tough on the finances, so I can only imagine how worrying this new round of increases must be to a great a many people.

posted on 26/8/22

You just said he isn’t because parliament is closed. How many PMs Q has he missed from being kicked out?

posted on 26/8/22

comment by FFS Mike. (U1170)
posted 14 minutes ago
comment by Nickasaurus (U9257)
posted 5 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------
A lot of Europes energy comes from Russia though.
----------------------------------------------------------------------
It most certainly has an effect on energy prices. But this has been going on long before Russia’s invasion of Ukraine. That has basically acted as a catalyst to drive prices higher.

But as I mentioned earlier, we twice traded over 400 PPT in 2021. That’s 4 times the previous all time high set way back in November 2005. We have been in crisis territory for over a year but it’s only been reported since Russia made things worse.

posted on 26/8/22

comment by manusince52 (U9692)
posted 25 seconds ago
comment by RB&W - Whiteside has done it again (U21434)
posted 57 seconds ago
FFS....



Why are energy prices so high?

Energy prices soared throughout 2021 due to a combination of factors. It is an international issue rather than something solely affecting the UK.
Last year countries in Asia and Europe used significant amounts of gas stocks during a long winter, and the increased demand helped drive up prices, while the reopening of economies following the Covid-19 pandemic also led to higher energy usage.
More recently, the conflict in Ukraine has led to the cost of Russian gas soaring even further, which has in turn pushed bills higher.
In the UK, very little gas is sourced from Russia, but this has not shielded suppliers from the pricing impact across the rest of Europe, which typically purchased around 40 per cent of natural gas from Russia.
Due to sanctions placed on Russia Europe is buying less gas from Russia, but cutting out the Russian supply has pushed up the price of gas from other sources.
Due to current market conditions, energy prices are continually being increased with the cap expected to rise even further next year.

----------------------------------------------------------------------
Source ? It's right though
----------------------------------------------------------------------

Of course its right. Its not a secret.

posted on 26/8/22

comment by Winston (U16525)
posted 6 minutes ago
comment by AFCISMYTEAM (U14931)
posted 6 minutes ago
comment by Winston (U16525)
posted 28 seconds ago
comment by Nickasaurus (U9257)
posted 11 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------

Jesus wept.

The sharp economic minds of JA606 are out today.
----------------------------------------------------------------------
Once again, do you think this is ALL down to the Russia invasion?
----------------------------------------------------------------------

No one said that.
----------------------------------------------------------------------
But that is what you are implying everytime someone says that the invasion isn't the main reason for the price jumps.

posted on 26/8/22

comment by AFCISMYTEAM (U14931)
posted 5 minutes ago
comment by Winston (U16525)
posted 6 minutes ago
comment by AFCISMYTEAM (U14931)
posted 6 minutes ago
comment by Winston (U16525)
posted 28 seconds ago
comment by Nickasaurus (U9257)
posted 11 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------

Jesus wept.

The sharp economic minds of JA606 are out today.
----------------------------------------------------------------------
Once again, do you think this is ALL down to the Russia invasion?
----------------------------------------------------------------------

No one said that.
----------------------------------------------------------------------
But that is what you are implying everytime someone says that the invasion isn't the main reason for the price jumps.
----------------------------------------------------------------------

No it’s not.

You inferred it from what I said, which was a stupid thing to do.

posted on 26/8/22

“Making it out like Russia’s actions are just another piece of the pie in terms of rising e every costs is embarrassing.”

Those are your words Winston and it’s clear you are saying they are the main reason for price jumps.

posted on 26/8/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 31 minutes ago
Red Russian, I never said we should have given Russia the green light to anything. At the time I wanted the west to get involved militarily and was met with ‘would you join the army yourself’ jibes.

We (our governments) took the financial route instead and we are now suffering for it.

Do I chose the financial security and livelihoods of my friends, family and neighbour over the unfortunate victims of Ukraine? Absolutely. I’m not saying it’s right but would millions of Ukrainins have lost their homes and thousands lost their lives, as well of the West suffer a disastrous financial crisis all happened if 1) the West got involved and ended the invasion before it started or 2) the West did nothing and let it happen? Probably not.
----------------------------------------------------------------------

That doesn't make sense. Russia is punishing the West via disruptions to gas supply in retaliation for economic sanctions and military aid to Ukraine. Are you suggesting that they would happily provide us with gas if we were in direct military confrontation with Russia?

If the argument is that the West should have been far more assertive about Russian expansionism a long time ago, then I'd agree. It was basically business as usual after the invasions of Crimea and Donbass in 2014, and this encouraged Putin to conclude that he could go further, because our dependence on Russian fossil fuels is greater than our interests in protecting the sovereignty / democracy of countries on Russia's periphery. However, 1) it's likely we'd have faced the same crisis then as now, and 2) in terms of deciding the appropriate response to today's crisis, that's water under the bridge.

On a basic moral level, I disagree with you that genocide in Ukraine + the advance of fascism in Europe is a smaller price to pay than severe hardship in the UK. But you have ignored the other part of my argument, which is that the UK government possesses a lot of tools to shield people from fuel poverty, if it is willing to suspend its hard-right economic principles (as it had to do with the furlough scheme for instance).

What you appear to be saying is not only do you prefer genocide in Ukraine to hardship in the UK, but you prefer that genocide to the temporary implementation of centre-left economic policy.

As an aside, how is it that you're comfortable with a username that references the leader of global neo-fascism, in whose name kindergartens have been bombed, and young girls have been raped in front of their parents? That always seemed distasteful to me, even before this thread where you revealed your ambivalence toward resisting what his army is doing to Ukrainians.

posted on 26/8/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 40 seconds ago
“Making it out like Russia’s actions are just another piece of the pie in terms of rising e every costs is embarrassing.”

Those are your words Winston and it’s clear you are saying they are the main reason for price jumps.
----------------------------------------------------------------------
Exactly

posted on 26/8/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 6 minutes ago
“Making it out like Russia’s actions are just another piece of the pie in terms of rising e every costs is embarrassing.”

Those are your words Winston and it’s clear you are saying they are the main reason for price jumps.
----------------------------------------------------------------------

I’m saying they’re a big reason.

I’m saying that without the war, things would be nearly as bad as they are.

I’m saying you’re trying to equate the war with other factors and you’re wrong to do so.

posted on 26/8/22

comment by AFCISMYTEAM (U14931)
posted 5 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 40 seconds ago
“Making it out like Russia’s actions are just another piece of the pie in terms of rising e every costs is embarrassing.”

Those are your words Winston and it’s clear you are saying they are the main reason for price jumps.
----------------------------------------------------------------------
Exactly
----------------------------------------------------------------------

Yes, a thumbs up from the guy who completely fabricated what I’d said and now wants to argue because he can’t admit he’s wrong.

posted on 26/8/22

Red Russian, I don’t see how stronger Western intervention during the Crimea crisis would have led to things being as they are today. No Russia wouldn’t have happily provided us with gas (you would assume). However a defeated Russia and overthrown government could have become a powerful ally of the West, akin to Japan for example.

What instead has happened is we have allowed a deranged man to grow his ego to the point we are where we are today (and there is nothing to suggest he will stop at Ukraine if they eventually take it).

Morally, I know it is wrong to allow a genocide take place, but would he be at this stage today if the West had intervened militarily? Or had we not intervened at all, no is my guess. That also doesn’t detract that while we are financially sanctioning Russia, genocide is still taking place. On top of that, financial sanctions have done next to nothing, the Rouble after initially tanking is now the strongest it’s been in nearly 10 years.

As for you last point, that’s complete BS. I’ve never once defended Putin or Russia and never will.

posted on 26/8/22

comment by FFS Mike. (U1170)
posted 48 minutes ago
comment by Nickasaurus (U9257)
posted 5 minutes ago
The war in Ukraine has no affect on the energy prices. As mentioned less then 10% comes from Russia. Prices were rising before the war due to the two year covid lockdown
----------------------------------------------------------------------
A lot of Europes energy comes from Russia though.
----------------------------------------------------------------------
I get that and obviously Europe will now be tapping into other sources. But that would not explain the huge rise for us and not for them

posted on 26/8/22

Red Russian, I never said we should have given Russia the green light to anything. At the time I wanted the west to get involved militarily and was met with ‘would you join the army yourself’ jibes.

We (our governments) took the financial route instead and we are now suffering for it.
———

posted on 26/8/22

comment by Winston (U16525)
posted 17 minutes ago
comment by AFCISMYTEAM (U14931)
posted 5 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 40 seconds ago
“Making it out like Russia’s actions are just another piece of the pie in terms of rising e every costs is embarrassing.”

Those are your words Winston and it’s clear you are saying they are the main reason for price jumps.
----------------------------------------------------------------------
Exactly
----------------------------------------------------------------------

Yes, a thumbs up from the guy who completely fabricated what I’d said and now wants to argue because he can’t admit he’s wrong.
----------------------------------------------------------------------
How did i fabricate what you said? You said it, the evidence is right there.

posted on 26/8/22

comment by (K̇ash) I'm still the Mané - Free Palestine 🇵🇸 (U1108)
posted 2 hours, 40 minutes ago
comment by Glazers Out (SE85) (U21241)
posted 3 minutes ago
If only we had a government who would fight for the ordinary people, eh? More chance of pigs flying I suppose.

F*** the Tories.
----------------------------------------------------------------------
I agree with this but what is the plan from Labour? I've heard nothing from Starmer.
----------------------------------------------------------------------
Starmer came out with this literally last week:

• Freezing the price cap, which the party says will reduce inflation by 4%

• Support for customers not protected by the price cap

• Equalising the prices for people on prepayment meters and those who pay bills monthly

• Closing a loophole in the government's energy profits levy

• A promise to use the already pledged £14bn of non-targeted funding to prevent bills from rising

• Insulating 19 million homes across the country over the next decade to reduce energy demand and lower bills

posted on 26/8/22

comment by BerbaKing11 (U6256)
posted 58 minutes ago
comment by manusince52 (U9692)
posted 13 minutes ago

It's not right.
We cannot stand by and watch Russia invade a neighbouring democratic country, because it wants to.
----------------------

I'm not sure "we" have any right to lecture another country on invasions and military violence, frankly, given that the UK is only 2nd after the US in global affairs for doing this very thing (as well as overthrowing/undermining democratic or independent governments & installing/supporting brutal human rights abusing regimes). I'm not convinced that ploughing more money & weapons into the conflict is the best option, though I accept there are no 'good' options, either.

The energy price rises are pretty scary I have to admit. I've personally found the last 6 months to be quite tough on the finances, so I can only imagine how worrying this new round of increases must be to a great a many people.
----------------------------------------------------------------------
Of course we have the right to lecture Russia and to defy them.
As I say, this time we are on the right side, let's stay there.

posted on 26/8/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 30 minutes ago
Red Russian, I don’t see how stronger Western intervention during the Crimea crisis would have led to things being as they are today. No Russia wouldn’t have happily provided us with gas (you would assume). However a defeated Russia and overthrown government could have become a powerful ally of the West, akin to Japan for example.

What instead has happened is we have allowed a deranged man to grow his ego to the point we are where we are today (and there is nothing to suggest he will stop at Ukraine if they eventually take it).

Morally, I know it is wrong to allow a genocide take place, but would he be at this stage today if the West had intervened militarily? Or had we not intervened at all, no is my guess. That also doesn’t detract that while we are financially sanctioning Russia, genocide is still taking place. On top of that, financial sanctions have done next to nothing, the Rouble after initially tanking is now the strongest it’s been in nearly 10 years.

As for you last point, that’s complete BS. I’ve never once defended Putin or Russia and never will.
----------------------------------------------------------------------

Again, you're making no sense. Let's forget about the errors the West made before the invasion, since we're talking about what we should do today.

If the UK government dropped all economic sanctions against Russia, would Russia promptly turn on the taps and let the wholesale gas prices drop? If it did so, would Russia's ability to sustain a long-term military campaign against Ukraine be strengthened or weakened?

Your stance is no more practically valid than it is ethically.

As for my last paragraph, I wasn't implying direct support for Putin on your part, but your ambivalence about whether to resist him is recorded multiple times in this thread. I guess my point, which is aside from the key argument, is that referencing Putin in your username feels very jarring to me. A bit like having Hitler in your name while the invasion of Poland and subsequent purges were going on.

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