Power cuts by the weekend ?

[carmanmemoranda]

We do have a falling Pound and this will impact commodity prices.

Someone is responsible for that. Someone scared business with their budget and someone, showed they don't really know what they are supposed to be doing.

But Ruth Gregory, deputy chief UK economist at Capital Economics, said the inflation figure "strengthens the case" for a cut to 4.5% next month. Investors have also increased bets on the likelihood of a reduction.

 

[motorbiking]

Biker boy is very anxious to gloss over the facts.

Only a small proportion of the storage facility was reopened.

Is he trying to show we never had energy storage and purchase issues under the previous lot

I wonder how we survived while Centrica Rough was closed for 5 years.

 

[JohnD]

Is he trying to show we never had energy storage and purchase issues under the previous lot

Like the Telegraph, he wants people to assume that the errors of the past are the fault of the present.

 

[carmanmemoranda]

I wonder how we survived while Centrica Rough was closed for 5 years.

So you agree, it's not a recent "thing"

 

[motorbiking]

Like the Telegraph, he wants people to assume that the errors of the past are the fault of the present.

I'm sorry that you don't understand anything about Energy Markets, or the workings of Centrica. It's not my fault.

 

[JohnD]

Centre of the Universe Biker Boy fantasises that he knows best

Probably read it in one if his fictional press releases.

 

[ReganAndCarter]

Let us know when it happens.

Well if power companies are paying for ads to warn of the possibility of blackouts, it's not a figment of my imagination. Is it?

 

[motorbiking]

So you agree, it's not a recent "thing"

For clarity:
- No the labour government are not responsible for the state of Centrica Rough
- No the last government did not under invest in Gas Storage
- Yes Centrica are trying to manipulate the newbies before they wise up.
- Yes Centrica will have profited from their scare tactics
- Yes weaker GBP will impact the cost of wholesale gas
- No we don't need to build more Gas Storage capacity as we are rapidly moving away from Gas.
- Depleting Rough will not mean we can't heat our homes.

 

[denso13]

it's not a figment of my imagination. Is it?

Well let us know when you are broke and sitting in darkness then.

 

[JohnD]

Biker boy is strong on opinion and weak on facts.

 

[motorbiking]

But Ruth Gregory, deputy chief UK economist at Capital Economics, said the inflation figure "strengthens the case" for a cut to 4.5% next month. Investors have also increased bets on the likelihood of a reduction.

Again... we are heading for recession.

 

[carmanmemoranda]

Again... we are heading for recession.

In your opinion. The markets don't seem to see it the same way

 

[motorbiking]

Biker boy is strong on opinion and weak on facts.

don't be sad JohnD, just educate yourself, or don't

 

[denso13]

The markets don't seem to see it the same way

Inflation going up is bad, inflation coming down is bad

 

[carmanmemoranda]

For clarity:
- No the labour government are not responsible for the state of Centrica Rough
- No the last government did not under invest in Gas Storage
- Yes Centrica are trying to manipulate the newbies before they wise up.
- Yes Centrica will have profited from their scare tactics
- Yes weaker GBP will impact the cost of wholesale gas
- No we don't need to build more Gas Storage capacity as we are rapidly moving away from Gas.
- Depleting Rough will not mean we can't heat our homes.

So you agree. It's not a recent "thing"