RE: What's worse covid or energy for UK ?14 Sep 2021 21:24
In one week we have seen four energy companies collapse in the UK . There will be ALOT more go bust. FACT. Today was Utility Point with 220,000?domestic customers and People’s Energy supplies gas and electricity to around 350,000 households and around 1,000 businesses.
Gas prices are soaring in Europe and the UK.
We will witness Putin and an energy blackmail war, the victims will be the poor and vulnerable. Russia is testing the West ..again ! Russian gas through the Ukraine is at record lows. Without the Russian fees of gas to Europe, Ukraine could go in to recession. Russia has a firm grip on Europe with Nord 2 Stream.
US LNG can not compete with Russian piped gas at double the price. UK shale gas could have been piped to Europe. Putin would have been removed. This would have solved environmental issues , financial and calmed energy supply and security for UK.
UK will be back of the queue for piped gas , paying high for LNG.
My prediction is blackout outages by the 22/2/22
UK Energy security should be THE most important.
West Newton will become of National Importance to the UK.