We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

To everyone complaining about "obscene profits"

artyboy
artyboy Posts: 2,111 Forumite
1,000 Posts Third Anniversary Name Dropper
...perhaps read this from the BBC before posting yet another rant. Yes the producers are making money, but they are GLOBAL corporations and there is no effective way to levy a tax on them from the U.K., and certainly not without negative repercussions...

Mind you, you probably already think the BBC is part of the big establishment lie, so I might be wasting my time  :#


«1

Comments

  • Astria
    Astria Posts: 1,448 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 26 August 2022 at 9:21AM
    Yes, we all know the real reason, but when BBC also post articles like "British Gas owner Centrica and Shell have posted huge profits due to rising energy prices, as UK households face even higher energy bills.", you can understand why people are confused over the whole situation.
  • Company X has a thing.  You want to buy this thing.

    You offer them £1 for the thing, but they have 20 other people offering them £5 for it.

    Who are they going to sell it to?
  • Astria
    Astria Posts: 1,448 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 29 December 2022 at 6:45PM
    Company X has a thing.  You want to buy this thing.

    You offer them £1 for the thing, but they have 20 other people offering them £5 for it.

    Who are they going to sell it to?
    and if we refuse to pay it we might have 95% of the energy required, so do we prioritise gas and have energy black outs, or electric and cut off the gas supply...
    Wonder what happens when your gas pipe runs out of gas? I guess it becomes depressurised and your boiler complains, might even damage some type of equipment?

  • xeny
    xeny Posts: 112 Forumite
    100 Posts Second Anniversary Name Dropper
    Astria said:
    Wonder what happens when your gas pipe runs out of gas? I guess it becomes depressurised and your boiler complains, might even damage some type of equipment?


    Bad things - there's scope for air getting in the gas pipe, meeting some gas and making friends with it in what we call an explosion. The expectation is we'll cut supply to gas powered electricity generation if gas supplies become marginal, as large scale power cuts are less dangerous than letting pressure in the gas network fall too low.
  • artyboy
    artyboy Posts: 2,111 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 29 December 2022 at 6:45PM
    Astria said:
    Company X has a thing.  You want to buy this thing.

    You offer them £1 for the thing, but they have 20 other people offering them £5 for it.

    Who are they going to sell it to?
    and if we refuse to pay it we might have 95% of the energy required, so do we prioritise gas and have energy black outs, or electric and cut off the gas supply...
    Wonder what happens when your gas pipe runs out of gas? I guess it becomes depressurised and your boiler complains, might even damage some type of equipment?

    If we refuse to pay it then we will have 0% of the energy required... or am I missing something about basic supply/demand economics?
  • Astria
    Astria Posts: 1,448 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 29 December 2022 at 6:45PM
    xeny said:
    Astria said:
    Wonder what happens when your gas pipe runs out of gas? I guess it becomes depressurised and your boiler complains, might even damage some type of equipment?


    Bad things - there's scope for air getting in the gas pipe, meeting some gas and making friends with it in what we call an explosion. The expectation is we'll cut supply to gas powered electricity generation if gas supplies become marginal, as large scale power cuts are less dangerous than letting pressure in the gas network fall too low.
    I thought an explosion required an ignition source? For example, just leaving the stove on doesn't cause an explosion until you create a spark or flame.

    artyboy said:
    Astria said:
    Company X has a thing.  You want to buy this thing.

    You offer them £1 for the thing, but they have 20 other people offering them £5 for it.

    Who are they going to sell it to?
    and if we refuse to pay it we might have 95% of the energy required, so do we prioritise gas and have energy black outs, or electric and cut off the gas supply...
    Wonder what happens when your gas pipe runs out of gas? I guess it becomes depressurised and your boiler complains, might even damage some type of equipment?

    If we refuse to pay it then we will have 0% of the energy required... or am I missing something about basic supply/demand economics?
    Well we could always just cut off supply to large sites which use a lot of gas (such as electricity generating stations as stated above), thus reducing the amount of gas needed.

  • Section62
    Section62 Posts: 10,947 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Astria said:

    I thought an explosion required an ignition source? For example, just leaving the stove on doesn't cause an explosion until you create a spark or flame.

    Some materials can react explosively without an ignition source - one example being pure compressed oxygen if it comes into contact with oil/grease, hence using oil/grease on oxygen cylinders being a very big no-no.

    In terms of gas mains, if the supply failed or the pipe is damaged, then it is normally necessary to purge the main before restoring the supply to properties.  This ensures that only 'gas' to the correct specification is supplied - to avoid damage to equipment, and/or having an explosive mix in the pipework.

    Because of the time/effort required to purge gas mains, heaven and earth will be moved to make sure the pipes remain full this Winter.
  • Section62
    Section62 Posts: 10,947 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Astria said:
    Yes, we all know the real reason, but when BBC also post articles like "British Gas owner Centrica and Shell have posted huge profits due to rising energy prices, as UK households face even higher energy bills.", you can understand why people are confused over the whole situation.

    And then you get -

    'I live on ready meals as my electric cooker costs too much'

    https://www.bbc.co.uk/news/uk-england-suffolk-62631659

  • Astria
    Astria Posts: 1,448 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Section62 said:
    Astria said:
    Yes, we all know the real reason, but when BBC also post articles like "British Gas owner Centrica and Shell have posted huge profits due to rising energy prices, as UK households face even higher energy bills.", you can understand why people are confused over the whole situation.

    And then you get -

    'I live on ready meals as my electric cooker costs too much'

    https://www.bbc.co.uk/news/uk-england-suffolk-62631659

    and people visiting Costa Coffee every day because "I can't afford to be at home all day with the heating on".


Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.