Looming Energy Crisis in Brit-Land

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Coito ergo sum
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Looming Energy Crisis in Brit-Land

Post by Coito ergo sum » Wed Jun 08, 2011 12:18 pm

Millions of households face record high energy bills
Millions of households were warned last night that they face “unacceptable” rises in their energy bills after one of the biggest power firms announced average increases of nearly £200 a year.
http://www.telegraph.co.uk/finance/pers ... bills.html

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Atheist-Lite
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Re: Looming Energy Crisis in Brit-Land

Post by Atheist-Lite » Wed Jun 08, 2011 1:33 pm

Coito ergo sum wrote:
Millions of households face record high energy bills
Millions of households were warned last night that they face “unacceptable” rises in their energy bills after one of the biggest power firms announced average increases of nearly £200 a year.
http://www.telegraph.co.uk/finance/pers ... bills.html
Damn, more sex to keep warm this winter - how will I get any sleep? :dunno:
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Rum
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Re: Looming Energy Crisis in Brit-Land

Post by Rum » Wed Jun 08, 2011 1:44 pm

Fucking speculators. The 'free market' is not exactly 'free' for most of us.

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Re: Looming Energy Crisis in Brit-Land

Post by Coito ergo sum » Wed Jun 08, 2011 1:48 pm

What do you mean? Define speculator? You mean "investor?"

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Re: Looming Energy Crisis in Brit-Land

Post by Geoff » Wed Jun 08, 2011 2:09 pm

Coito ergo sum wrote:What do you mean? Define speculator? You mean "investor?"
I think he means "profiteer" actually.
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Rum
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Re: Looming Energy Crisis in Brit-Land

Post by Rum » Wed Jun 08, 2011 2:36 pm

Geoff wrote:
Coito ergo sum wrote:What do you mean? Define speculator? You mean "investor?"
I think he means "profiteer" actually.
All of the above - plus 'gambler' - except they are onto a sure thing. People buying up stuff that is essential for ordinary people which in turn drives up the price, which in turn is passed on to us. Wholesale prices have for energy have gone up 30% in the last year I have read as a result.

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Re: Looming Energy Crisis in Brit-Land

Post by Atheist-Lite » Wed Jun 08, 2011 3:05 pm

Rum wrote:
Geoff wrote:
Coito ergo sum wrote:What do you mean? Define speculator? You mean "investor?"
I think he means "profiteer" actually.
All of the above - plus 'gambler' - except they are onto a sure thing. People buying up stuff that is essential for ordinary people which in turn drives up the price, which in turn is passed on to us. Wholesale prices have for energy have gone up 30% in the last year I have read as a result.
Diminshing resource doesn't help. Although with gas the price is tagged to il and known reserves are unknown. Things could be worse or they could be better but eventually one fine day the natural gas will be gone. :coffee:
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Re: Looming Energy Crisis in Brit-Land

Post by Geoff » Wed Jun 08, 2011 3:11 pm

Crumple wrote:
Rum wrote:
Geoff wrote:
Coito ergo sum wrote:What do you mean? Define speculator? You mean "investor?"
I think he means "profiteer" actually.
All of the above - plus 'gambler' - except they are onto a sure thing. People buying up stuff that is essential for ordinary people which in turn drives up the price, which in turn is passed on to us. Wholesale prices have for energy have gone up 30% in the last year I have read as a result.
Diminshing resource doesn't help. Although with gas the price is tagged to il and known reserves are unknown. Things could be worse or they could be better but eventually one fine day the natural gas will be gone. :coffee:
Yeah, but predictions of when "eventually, one fine day" will actually happen are rather like predictions of the date of the Rapture...they come and go.
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