History is repeating itself. Here’s another fossil fuel energy crisis…

…and we still have an energy market where the price of the green energy we make here in Britain is tied to the global price for gas.

Successive governments have been called upon to break this absurd link, to no avail.

We have the means to nail our energy bills to the floor and keep them there, and reap MASSIVE economic benefits to doing so, through lower inflation and lending rates.

The current free for all in wholesale energy creates windfall profits for oil companies at great expense to the rest of us and the country we live in.

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Prison1203 · 61-69, M

You do realize that governments make more money off taxing the oil companies than the oil companies make in profits, so blame the government not the oil companies

Waveney · 41-45, M

@Prison1203

LOL!!

You are confusing basic economics and it shows!!

Governments do not make more than oil companies in any meaningful sense. You are lumping together completely different things and pretending they are comparable😂

Taxes on fuel are largely paid by consumers at the pump, not by the oil companies themselves. Companies collect those taxes and pass them on. That is not profit. It is not even their money.

Oil companies still report massive profits after costs and after taxes. Those profits go to shareholders and executives. Government revenue goes to public spending. Comparing the two is like comparing ticket sales to a cinema’s profit and claiming the audience is richer than the studio.🤦🏻‍♂

Your argument only works if you ignore who actually pays the tax and what profit means. Once you understand that, it falls apart immediately.

This is basic stuff you missed fella 🤭

Prison1203 · 61-69, M

@Waveney I’m comparing facts , sorry they don’t teach you those in Britain