| Topic: | Re:Re:Re:Re:Re: Drill Baby Drill | |
| Posted by: | Davy Jones | |
| Date/Time: | 19/03/26 22:05:00 |
| Here's Greg Jackson of Octopus energy, bit of. Green. Britain is “staring down the barrel” of another energy crisis. “Global gas prices have doubled since Iran effectively closed the Strait of Hormuz, and UK wholesale electricity prices are up about 50pc,” “Hikes in energy prices are bad enough, but they feed through to inflation, which in turn raises interest rates, compounding the economic damage. “The UK needs more sovereign energy, and this requires practical, pragmatic decisions. Ideology, wishful thinking, nostalgia and culture wars don’t provide actual solutions. We should use what’s available from the North Sea. “While the price is set globally, there’s no point shipping gas from the other side of the world when we have it here.” and “We shouldn’t be paying billions for expensive distractions,” - such as Net Zero |