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Trying to freeze utility prices - can a labour supporter please explain how?
Comments
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A very cunning plan.
Unfortunately, whereas Saudi Arabia (for example) could happily not sell oil for a number of years without any discomfort whatsoever, (it's got a $641 billion sovereign wealth fund as a useful back up) most of the western world wouldn't last six weeks without a steady supply of the black stuff.
And they say saving is a mugs game.
Naughty Arabs should be spending recklessly, living in debt and be grateful for us buying the stuff they just happen to be sitting on."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
there is a definite possibility that fracking will reduce demand of OPEC products0
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there is a definite possibility that fracking will reduce demand of OPEC products
Is it likely to make the products any cheaper to the end consumer?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
A very cunning plan.
Unfortunately, whereas Saudi Arabia (for example) could happily not sell oil for a number of years without any discomfort whatsoever, (it's got a $641 billion sovereign wealth fund as a useful back up) most of the western world wouldn't last six weeks without a steady supply of the black stuff.
Hence the war in Syria - funded by America and Saudi Arabia with the aim of building a pipeline into Europe.0 -
Surely if it looks like labour will get into power energy prices will double the day before just so they can be sure.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
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grizzly1911 wrote: »Is it likely to make the products any cheaper to the end consumer?
Very unlikely indeed, and OPEC has little to worry about long term from fracking when looking past the MSM hype and more so at the details.
http://www.smartplanet.com/blog/take/trouble-in-fracking-paradise/1028'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
grizzly1911 wrote: »Is it likely to make the products any cheaper to the end consumer?
obviously not in your world were all profit making companies are evil but I generally take the view that an increase in supply tends to decrease price
and it has made a massive difference in USA already0 -
obviously not in your world were all profit making companies are evil but I generally take the view that an increase in supply tends to decrease price
and it has made a massive difference in USA already
As yet no ones what is actually capable of being extracted or the costs associated with it.
Not me - Many sources suggest it will not make much difference here as supply will be fed into the European interconnect network,where it can be sold to the highest bidder.Our suppliers will continue to purchase form that network at the going price.
Even put into tankers as LNG and shipped around the world.
One example.
http://www.independent.co.uk/news/business/news/fracking-unlikely-to-give-uk-cheap-gas-report-says-8582089.html"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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