We don’t need no stinking gas – we have bird shredders!
So there it is: Ofgem has raised the ‘price cap’ to £3,500 from 1st October 2022. This news dominates the print front pages (link). Miz Truss is on record that she’ll ‘help’ households within days of getting into No 10. How eminently reassuring! This piece of ‘news’ is reported in the online editions of the DT (paywalled link) and The Times (link, paywalled), amounting to hot air when looking at the report in the non-paywalled DM where the headline always provides a good summary:
“Truss unveils plans to beat energy crisis: Tory leadership favourite ‘will give multi-billion bailout to hardest-hit families’ as price cap rockets to £3,500-a-year from TODAY and reveals she will hold emergency budget DAYS after entering No10 if she wins” (link)
How very reassuring! We’re of course reminded everywhere that all this is the fault of Putin who has ‘weaponised’ gas prices. It’s certainly not the fault of inept governments, especially that of the still current PM Johnson.
Remember that this government has neglected to fill the strategic reserve gas storage, something talked about vaguely last year. Remember that the first price hikes, a.k.a. ‘price cap’ by Ofgem, happened last October, at a time when Putin hadn’t even installed all those troops along the Ukrainian border.
You can read the rest of the Truss ‘aims’ in that DM report (link) – it amounts to nothing more than continuing the £15bn handout in place since June – yes, June 2022! It amounts to nothing more than talking with the current Chancellor Zahawi and the Business Sec Kwarteng. There’s also a beautiful scare graph in the text, something the DM is famous for. Their graph editors must be glad that their services are required again, now that the Lockdown mania is apparently history.
However, there’s something which has been puzzling me for some time now. Germany and France have allegedly filled their gas storage to 80% and 90%. What about our gas storages ? Are they filled in any way? I had to trawl through the interwebz to find the following report in the BBC, from 30th May 2022, according to which the “UK [is] in talks to reopen giant gas storage facility for winter” (link). On the same day ‘iNews’ headlined their report (my emphasis):
“UK government u-turns on gas storage to try and ease pressure on European energy crisis – The Government had previously concluded it did not matter whether or not the UK had the capacity to store natural gas” (link)
So “we” didn’t really need gas, not for heating, not for electricity production, not for industry? Why? Because of Net Zero – remember COP26 when Johnson said that using gas was worse than the devil? And now there’s this u-turn, three months ago and three months into the Ukrainian war. Amazing.
Weren’t those storage sites meant to help buffering shortages and rising gas prices? After all, in regard to petrol Biden did empty the US strategic oil storages at that time. So what happened? Did the government suddenly realise that the sanctions against Russia might bite us as well?
There’s more: this u-turn demonstrates that government and gas suppliers, never mind Ofgem, simply lived in Alice-in-Wonderland country. No urgency at all to be noticed, not even while that war was going on and Putin was blamed for ‘stopping gas supplies’ to Germany. On the 15th of this month (!) the DT has a report – just savour this:
“Britain’s biggest gas storage facility has been cleared to reopen by safety inspectors in a move that will allow it to start filling up for the winter within weeks. Centrica, the owner of British Gas, is poised to begin pumping natural gas into the Rough storage site at the start of September after securing approval from the Health and Safety Executive.” (paywalled link)
What has Centrica, what has the ‘Health ‘n Safety Executive’ been doing in the year since this lack of storage was reported? Why did it take them three months since yon ‘u-turn talks’ to put their little toe into refilling that storage? I wonder however if they have actually started filling up that ‘reserve’ when I saw that:
“[…] the only remaining obstacles to reopening Rough are an agreement between Centrica and the Government on state support and final consents from the North Sea Transition Authority (NSTA), which are not seen as problematic. A Whitehall source on Monday said government officials and Centrica are aiming to conclude their talks in time for the company to begin filling up Rough in little more than a fortnight.” (paywalled link)
Remember, this report came out on the 15th of this month and they allegedly will start filling ‘er up on the 1st of September. It gets worse. See this next (my emphasis):
“[…] Rough, which sits 18 miles off the coast of Yorkshire under the North Sea, could provide Britain with extra supplies at crucial moments. The facility can hold enough gas to meet winter demand for around 10 days when full, although it is only expected to return at around one quarter of its capacity this winter.” (paywalled link)
So they’re only going to fill 25% of this storage site which means that there’s not even a ten-day-reserve for winter. That’s why gas suppliers will have to keep foraging on the world markets for gas. It’s a question of supply and demand: more gas needed for the winter months in the Northern hemisphere, so more money to be demanded. How astonishing.
That begs the question what Johnson has been doing except swanning around to Kiev at the drop of a hat. What did he tell his ministers to do since last October when Ofgem announced the first painful ‘cap’ of over £1,000? Remember that there was no war, that there was no question of Putin ‘weaponising’ gas.
Was this supine acceptance of rising gas prices because of Johnson’s ‘Net Zero’ policy, ‘unveiled’ at COP26 in 2021 when we were told that use of gas, especially for heating and cooking, should be ‘discontinued’ in favour of ‘renewables’?
One final point: our Ofgem. I’ve wondered for some time why it is so spineless, letting the Energy industry drive prices up unquestioned. This is what I found (my emphasis):
“We are a non-ministerial government department and an independent National Regulatory Authority. Our role is to protect consumers now and in the future by working to deliver a greener, fairer energy system.” (link)
Blimey! Ofgem ‘protects’ us plebs by delivering ‘green energy’ while permitting energy firms such as Centrica to charge ever more exorbitant prices? Words fail me! If you like, you can read the whole PR guff at their site at the link provided above.
This government, Truss, Johnson, all those ministers, have done nothing at all not because they are ‘standing against’ Putin’ but because they and their Ofgem are surreptitiously if not openly promoting Net Zero. The ukrainian war is a wonderful excuse behind which to hide their Net Zero agenda. It’s not Putin making us freeze – this was the green plan all along.
Meanwhile, in order to look like good little Net Zeroists, we have ‘out-sourced’ our energy and power production to other countries It’s a despicable way of making us ‘look good’. on the green world stage. After all, we’ve outsourced production of anything which is ‘dirty’, so why not let other countries like Norway or France do that grimy, un-green work while we import their electricity.
Remember when you have to freeze this winter as food prices rise and businesses go to the wall: it’s all in the good cause of achieving Net Zero. Also don’t forget that, thanks to VAT and ‘green surcharges’, the government is raking in revenue when prices are sky high and keep on rising. Any gracious hand-outs have already been paid for by us. Enjoy the rest of the day … there’s sunshine, allegedly.
I know it is a bit late, but I thought the Rishi Revalations should receive a comment.
Yes he has blown the gaff, for what reason at this juncture is not sure, but it is only the first instalment.
Isn’t it.
What about “the gain of purpose”
What about the Chinese connection to the placement of Tosser Teador?
What about the presence of Big Pharma and the production of Vaccines when there were remedies already available? Fancy trip to zneuremberg?
What about all the deaths and other disabilities,both in the experimental development stages of the vaccines, never mind all the subsequent death and injuries noted on or not on yellow cards?
Perhaps Fraser Nelson will interrogate Rishi further
Anyway Fraser Nelson is well worth a read in today’s DT, as is Allison Pearson.
Also DavidFrost has an excellent piece, if he’s pulling Truss’s strings we are still in with a chance
Well, I have been away for a week and am catching up with the weekly news, and saw a video clip of Steve Barclay, Minister for what (I don’t know) being interviewed outside a hospital about waiting lists etc, and he was waffling on about nothing in particular, when a woman approached him and said in an exasperated manner ‘what are you going to do about then’. He was flummoxed and taken aback and replied ‘well we are…..’ to which she came back at him and said ‘you’ve done bugger all about it, don’t you think twelve and a half years is long enough’ and then walked across the road. Hilarious, and what’s more he had nothing to say in reply, the utterly useless twerp that he is. However not totally unsurprising, he is after all in the cabinet appointed by that blond waste of space who is doing bugger all about anything apart from saying that we all need to endure more financial pain over Ukraine. Two muppets who deserve each other……
Read again.
https://independencedaily.co.uk/the-government-master-plan-for-uk-energy/
HarryAgain- no. You have been naughty.
Jack Thomas : “every aspect of government policy is dictated by subservience to the globalists” :
Sums up absolutely everything the politicians do. We plebs don’t matter a jot.
They’d prefer us out of the way altogether. but I for one am not going to oblige if I can help it !
Looks like I’ve managed to get through the jungle to some extent anyway.
I realised there was something showing at the bottom of my screen that normally disappears when I close it, (I had closed it).
So instead of just doing a system reset, which I’d already tried, I did a full switch off, then normal switch on.
Fingers crossed.
What on earth has happened. I’ve just tried to comment on yesterdays betrayal and couldn’t.
Same here, until I accepted all cookies. Well I think that is what I’ve just done.
Viv. I really don’t like this latest change.
Pauline – there’s nothing I can do about this, it’s all caused by plug-ins and software updates. I’m no IT whizkid, I’ve left it in the hands of the excellent person who runs the server – only consultations etc cost money, money I’d rather save so I can afford keeping the thing running at all.
Sorry.
A message from UKIP.
The headline claims of profiteering by the energy companies is stoked by the government hoping to impose a windfall tax, eagerly reported by the newspapers and left-wing TV as giving billions of pounds to greedy shareholders, instead of lowering bills.
They recently attacked the profit by Centrica, the owner of British Gas, of £1.2b in the year to April 2021 alone, since then energy prices have gone through the roof and future profit will be even higher.
Steady on now. Centrica has to import a huge amount of gas from Norway and Europe and pay wholesale price, which has jumped. So, they apparently have made a significant increase in profit to April 2022, and even more since then as gas prices keep rising.
This means a higher turnover, with higher costs, and higher net profit. If we now look at the turnover for the year to April 2021 it was £18,300 million, with a net profit of £1,210 million, so the profit on turnover was 1210 x 100 / 18300 = 6.6%. That is not an obscene amount of profit.
Shareholders are always blamed for profiteering at the expense of non-shareholding people.
Shareholders risk their money to earn income and it isn’t all sweetness and light. Share values go up and down and annual dividends vary enormously.
I bought over £7000 worth of Centrica shares in late 2015 and had dividends totalling £1370 over the next 5 years. During that time and with the constant negative press against electricity generation using gas, the share value fell sharply. When there was no first dividend in 2021, I sold the shares at a loss of over £4500. So much for greedy shareholders.
I have a number of shares in different companies, and some do well and others not and it is always a balance between share value and dividend. Overall, my dividends for the year to April 2021 averaged out at 3.55% of the value of the shares. That’s not greed it is however a lot better than below 1% interest offered on savings by the banks.
So don’t accept government and MSM blame on apparently huge profit numbers but calculate what that is in terms of turnover. If it is well under 10% of turnover, that is not excessive and out of that profit they have to pay a proportion in dividends.
Always remember that the government is getting 20% in Corporation Tax and that is linked to profit. It’s the government who is raking it in, not the companies.
UKIP supports free enterprise, regardless how the businesses have to raise money, either from the banks, or from share investors.
Antony Nailer
UK Independence Party – Spokesman for Energy, Environment, Transport, & Treasury
The price of gas will fall. But not soon and not by much.
Putin has brought forward an existing trend by a few years.
I believe liquid gas is being landed in Milford haven and sent to Europe by existing gas pipeline, ie the reverse direction to normal.
I hope we’re charging them a lot of money for it.
Back to repeating Milford Haven rubbish. And did you read they use buckets to get it off ships on wiki? HA tosh.
What happened to the Rolls Royce small reactors. Have they been signed off yet, can councils buy them yet, can we build other forms of energy generation ( my favourite is Tidal. ).Is there a newspaper telling us what has transpired in government including Whitehalls triumphs.
TG- good question. This is certainly a way forward for locations with populations that could be serviced by these reactors. As a subject they have been very quiet of late.
Not seen enough literature to know how they are cooled. ‘Full sized’ nuclear stations – even AGRs are generally on the coast. Patents summaries would probably give many answers and a few clues to performance and so on.
BTW When they commision ‘full size’ ones, a part is to put the cooling pumps into a sort of reverse mode. Amazing what the fish traps catch – including angler fish identified, yes! I dont know either!!
You really think the local council is capable of running a nuclear reactor?
They are bsically Kettles. There are triple failsafes everywhere. They use a lot of water. in fact that is one of the main workings, and control.There is no polution but it gets warmThe problem is greed and people which can over rides the safety and other forms of interference by the criminally insane and stupid.. They can be built very quickly ( At least they could be in the 60’s and seventies. About the same as half a mile of EU/HS2. It would not have to be in the hands of a labour party. Weir pumps probably could replicate inside a month. THe problem is instrumentation which has control by theoretical collections of chips etc.made for and by American and french to whom Quality has no meaning except as an abstract theory affecting price and merketing. The main time and money goes into the Engineering consultants to whom complexity, time, and pure volume ofconcrete are huge earners.. Do not use peurile consultants, use proper engineers…. If any now exist they will be in their 70’s
HA- not if you are any part of that council.
I predicted this scenario right here on these pages years ago. Including the Rough Field gas storage facility problem.
But no, all was mockery and disbelief.
If you haven’t taken due precaution, you have only yourself to blame. You are those of the few who had time to prepare.
https://independencedaily.co.uk/gas/?utm_source=mailpoet&utm_medium=email&utm_campaign=INDEPENDENCE+Daily+Newsletter1#comment-121061
https://independencedaily.co.uk/crunch-time-has-arrived-possibly/?utm_source=mailpoet&utm_medium=email&utm_campaign=INDEPENDENCE+Daily+Newsletter1
There are short term measures that can be taken to alleviate things. Maybe I’ll write an article on this topic if Viv wants to publish it.
Harry F Armadamus- I see on wikipedia, you can have your stone starship converted from quadralithium crystals to run on dilithium crystals to save the planet.
But you have probably done this already.
Energy Price Cap
As I understand it
I don’t. But here goes
In order to confuse as many aspossible. Someone has introduced a thing called a normal family. This normal family uses this amount of energy. This amount of energy is divided into. Gas energy, electic energy and possibly some other like hydrogen, wind, methane etc energy. These are given stuff called tarriffs. This is where reality intrudes. They also have a tarrif called ‘daily’.( Which does seem rather a lot for working out a bill. ( On second thoughts maybe an education called innovation degree makes it all worthwhile )
The amount used of these by the normal family, times the tarif of a normal family in a normal year is a thing called a PRICECAP. . I suspect possibly
This is intended to terrify us. It does me.
I don’t quite know what this is supposed to encourage.! Or what tarif you should have or what you do with it i’m at a loss. And as for summer holidays, autumn and spring ?
My maths, my physics, my R&D, apprenticeship,my engineering and othe expertises are as nothing in the face of this. Understanding ofWatts , Therms, Markets, Money, etc are as nothing Perhaps anyone would like to comment.
News readers faces say it all.
PS. All this is of course is part of a diabolical cover up ffor the colossal taxation on every form of energy that everybody needs. from, loaded on this the above to petrol and etc which keeps our overlords and mandarins comfortable and could easily remove inflation.
“reminded everywhere that all this is the fault of Putin who has ‘weaponised’ gas prices.”
And there was I thinking it was we, not you and me, The West that weaponised gas by virtue-pledging to stop buying the nasty man’s gas by Christmas. That’ll learn ‘im. It certainly doesn’t seem to have ‘learned’ us, and he’s doing fine.
It also reminded that using reason and practicality against an agenda is as pointless as it is frustrating. I think it was Swift who said approximately: You cannot reason someone out of a position at which they arrived by unreason. This is true of all the parallel and co-supportive narratives being foist upon us in this engineered perfect storm.
No reasoning or critical thinking now Phil, yesterday I was told by one of the 40 something millenials that Caravaning is now expensive and it’ all down to Brexit’ . It’s best to smile and ignore these people.
As foretold last week, I am in Cork meeting the new Irish. Mohammed, the taxi driver from the airport, had a jihadi beard and skull cap. I was probably lucky to catch him in between prayers. I’m staying in a rather fine manor hotel outside of town and on arrival the receptionist, also new Irish but possibly not muslim, said something I could not understand.Even after asking her to repeat it (three times) I still could not understand. Fortunately, an old Irish person came over and interpreted. Did I want to check in? I did and while doing so I was given a large Irish whiskey as we sat in leather armchairs at an oak desk that was reception.
It is a glorious sunny morning (forecast to cloud over) and breakfast was as good as any I have ever had except for the absence of an Irish lilt in the staff. Mrs Yeoman and I play guess the ethnicity of each person we encounter. It is actually quite hard. The new Irish are very diverse. But, the great replacement is just a right wing conspiracy theory and I must forgo my patronising view of Irish stereotypes – begorrah.
Seems that every aspect of government policy is dictated by subservience to the globalists and efforts to look good on the world stage. It remains to be seen if Truss will, if elected, make any useful changes. If the next PM is Sunak then matters will only get worse, probably on instruction from the WEF where he apparently visited at the start of the leadership contest.