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Post by zanygame on Oct 4, 2023 19:45:20 GMT
Its not an opinion piece Jonsky, its a factual report for MP's in the commons library. You want to link the real science of yours So why put it in Mind Zone? I understand that Mind Zone is an invention of the Left that is here to push the same narrative with impunity, but since it's just brainless shouting across a table whilst taking the government's word as the gospel then I'd say the experiment has failed. Apparently Orac that well known leftie set it up. So take it up with the mods. Other than that, I'll put it where I want and its none of your business. |
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Post by Pacifico on Oct 4, 2023 20:52:48 GMT
The current gas price is £32 per MWh - last month the windpower auction failed to attract any bids at £44 per MWh Someone has been pulling your leg,.. You keep falling back on that one. But we know the reason is lack in confidence in every market and the supply chain. No one is investing In the meantime the price per mWh is cheaper for renewable and that is a fact. That is a lie - for the simple reason that nobody is prepared to sell you power for less than £32 per MWh. You have been led down the garden path by claims that renewables are cheaper - face it, you were sold a pup.. |
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Post by jonksy on Oct 4, 2023 23:35:45 GMT
And who wrote the report Zany? REAL science points to the opposite. Its not an opinion piece Jonsky, its a factual report for MP's in the commons library. You want to link the real science of yours All compiled by the civil service....I rest my case. You have had post after post from me and otther forum members proving you wrong. Not only in the mindzone but the open forum. You are trying to flog a long gone dead horse. |
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Post by jonksy on Oct 4, 2023 23:56:59 GMT
Oil ends down 6% in biggest loss in a year; Gasoline build hijacks OPEC show Investing.com - The oil trade seems to have woken up to the fact that there’s something bigger after all than OPEC: The economy. Crude prices fell almost 6% on Wednesday for the biggest one-day sell-off since September 2022. The plunge came after a rally that began in June, founded more on OPEC production maneuvers designed to create maximum fear about short supply than demand sustained by global economic soundness. Crude prices ultimately rose almost 30% for the third quarter. On Wednesday, the floor under that rally gave way like it hadn’t before in those three months. New York-traded West Texas Intermediate, or WTI, crude for delivery in November traded settled down $5.01, or 5.6%, at $84.22 per barrel. The US crude benchmark hit a one-month low of $84.17 earlier and was down 7% on the week. “If WTI at $84 doesn’t attract buyers, the decline can extend to $81,” said Sunil Kumar Dixit, chief technical strategist at SKCharting.com.
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Post by zanygame on Oct 5, 2023 6:14:16 GMT
Its not an opinion piece Jonsky, its a factual report for MP's in the commons library. You want to link the real science of yours All compiled by the civil service....I rest my case. You have had post after post from me and otther forum members proving you wrong. Not only in the mindzone but the open forum. You are trying to flog a long gone dead horse. I have never seen any evidence from you as you don't have any. Conspiracy theories like the idea that civil service invent a whole set of figures just to support green energy are daft. |
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Post by jonksy on Oct 5, 2023 6:17:58 GMT
All compiled by the civil service....I rest my case. You have had post after post from me and otther forum members proving you wrong. Not only in the mindzone but the open forum. You are trying to flog a long gone dead horse. I have never seen any evidence from you as you don't have any. Conspiracy theories like the idea that civil service invent a whole set of figures just to support green energy are daft. You have had loads. It's just a waste of time putting links up with you as you just pursue the same old ECO agenda. |
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Post by zanygame on Oct 5, 2023 6:19:07 GMT
Oil ends down 6% in biggest loss in a year; Gasoline build hijacks OPEC show Investing.com - The oil trade seems to have woken up to the fact that there’s something bigger after all than OPEC: The economy. Crude prices fell almost 6% on Wednesday for the biggest one-day sell-off since September 2022. The plunge came after a rally that began in June, founded more on OPEC production maneuvers designed to create maximum fear about short supply than demand sustained by global economic soundness. Crude prices ultimately rose almost 30% for the third quarter. On Wednesday, the floor under that rally gave way like it hadn’t before in those three months. New York-traded West Texas Intermediate, or WTI, crude for delivery in November traded settled down $5.01, or 5.6%, at $84.22 per barrel. The US crude benchmark hit a one-month low of $84.17 earlier and was down 7% on the week. “If WTI at $84 doesn’t attract buyers, the decline can extend to $81,” said Sunil Kumar Dixit, chief technical strategist at SKCharting.com.
Have I read this properly? Crude oil prices rose by 30% and then fell back by 6%? |
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Post by jonksy on Oct 5, 2023 6:35:13 GMT
Oil ends down 6% in biggest loss in a year; Gasoline build hijacks OPEC show Investing.com - The oil trade seems to have woken up to the fact that there’s something bigger after all than OPEC: The economy. Crude prices fell almost 6% on Wednesday for the biggest one-day sell-off since September 2022. The plunge came after a rally that began in June, founded more on OPEC production maneuvers designed to create maximum fear about short supply than demand sustained by global economic soundness. Crude prices ultimately rose almost 30% for the third quarter. On Wednesday, the floor under that rally gave way like it hadn’t before in those three months. New York-traded West Texas Intermediate, or WTI, crude for delivery in November traded settled down $5.01, or 5.6%, at $84.22 per barrel. The US crude benchmark hit a one-month low of $84.17 earlier and was down 7% on the week. “If WTI at $84 doesn’t attract buyers, the decline can extend to $81,” said Sunil Kumar Dixit, chief technical strategist at SKCharting.com.
Have I read this properly? Crude oil prices rose by 30% and then fell back by 6%? But as per usual it will not be passed on to the consumer. But as soon as it goes up the consumers are the ones who suffer and will have to endure the extra hit on their wallets. |
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Post by johnofgwent on Oct 5, 2023 7:55:02 GMT
Roll on renewable energy. which will do nothing about the supply of so many chemicals our industries need, so many pharmaceuticals our drug dependent aged population need to continue dodging their coffin maker, and nothing about lubricating moving parts. Are you advocating we restart whaling ? We could of course reopen coal mines to obtain the chemicals. Even if we did as you indicate, OPEC will curtail production to hike prices to the kuffar. |
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Post by johnofgwent on Oct 5, 2023 8:03:43 GMT
commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/#:~:text=In%202021%2C%20the%20global%20average,onshore%20wind%20was%2039%25%20lower. Renewable generators typically have the lowest costs (because they do not have to buy fuel to burn) and so are the first to meet demand. Fossil fuel generators (including gas) often have the highest costs as they must buy fuel to burn, which also has a carbon price on it. As a result, although most electricity is produced using sources with low marginal costs (42% by renewables and 15% from nuclear), the price that is paid for electricity traded on the spot market is often higher, at the marginal cost of generating electricity with gas. and what is this ‘carbon price’ if not a tax inserted by the government to make carbon based energy artificially mote expensive so as to make renewable energy seem cheaper |
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Post by Pacifico on Oct 5, 2023 8:22:44 GMT
Yes john - renewables are so cheap we have to subsidise them to make them affordable...  |
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Post by Deleted on Oct 5, 2023 14:44:22 GMT
Petrol is now up to about £1.61 a litre here. It hasn't been this high since November last year.
It's a good thing it is not priced in gallons or it would be £7.32 a gallon.
I can remember it at about 4s 6d, it was a scandal when it it hit 50p (ten bob in October 1973)
In comparative terms, it is probably cheaper now than in the crisis in 1973.
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Post by zanygame on Oct 5, 2023 14:52:55 GMT
Have I read this properly? Crude oil prices rose by 30% and then fell back by 6%? But as per usual it will not be passed on to the consumer. But as soon as it goes up the consumers are the ones who suffer and will have to endure the extra hit on their wallets. Agreed. And even worse the cost of wind power is held to the same price because its all based on gas prices. You'd have thought a Tory government would want more competition, but the railways, water and energy suppliersare all cartels. You'd have thought the right wing would have stopped voting Tory by now. |
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Post by zanygame on Oct 5, 2023 14:57:10 GMT
Roll on renewable energy. which will do nothing about the supply of so many chemicals our industries need, so many pharmaceuticals our drug dependent aged population need to continue dodging their coffin maker, and nothing about lubricating moving parts. Are you advocating we restart whaling ? We could of course reopen coal mines to obtain the chemicals. Even if we did as you indicate, OPEC will curtail production to hike prices to the kuffar. I don't think you put much thought into your solution. If you reduce demand for oil to burn as energy you create a surplus of oil for lubricating the whaling ships. 😅 😂 If you are referring to us not extracting UK oil, then I have already stated. I think we'll always need some oil. Problem is the licences allow the oil companies to sell the oil on the world market and take the profits, so the price to the man on the street will be the same as OPEC's. Could we have a brave enough government to issue licences that limit sales to the UK? |
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Post by zanygame on Oct 5, 2023 14:58:41 GMT
commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/#:~:text=In%202021%2C%20the%20global%20average,onshore%20wind%20was%2039%25%20lower. Renewable generators typically have the lowest costs (because they do not have to buy fuel to burn) and so are the first to meet demand. Fossil fuel generators (including gas) often have the highest costs as they must buy fuel to burn, which also has a carbon price on it. As a result, although most electricity is produced using sources with low marginal costs (42% by renewables and 15% from nuclear), the price that is paid for electricity traded on the spot market is often higher, at the marginal cost of generating electricity with gas. and what is this ‘carbon price’ if not a tax inserted by the government to make carbon based energy artificially mote expensive so as to make renewable energy seem cheaper What is the carbon tax on energy gas John? |
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