Member Info for ocelot

Ibug,

The appeal was recovered by the Secretary of State for reasons of national significance, as I understand it.

Global oil markets could tighten even more with Russian flows being disrupted and producers such as Libya experiencing supply problems, according to Vitol Group, the world’s biggest independent crude trader.

That could push prices higher still after they soared to more than $115 a barrel in the wake of Russia’s invasion of Ukraine...

His views echo those of several commodity hedge funds and Wall Street banks such as Goldman Sachs Group Inc., which says oil could reach $150 in the next three months...

https://www.bloomberg.com/news/articles/2022-03-06/oil-market-to-get-even-tighter-on-russia-disruptions-says-vitol?sref=Em01M8Hr

Loxley may be small in national terms but, if the appeal could be accepted and accepted without too much additional delay, it would send out an encouraging message to the industry as a whole, that their contribution to the economy is appreciated by government and that the government is prepared to overcome some of the obstacles placed in their way.

Gideons,

No idea what our PM will do (assuming he does something), but, understandably, there is currently no shortage of opinions being expressed about the UK's energy policy.

If your daughter's currently on a variable tariff, a 50% rise seems to be a ball park figure.

Also an article on p11 headlined: "Your gas bill may be £4,200 ...":

Cites a one-year fixed rate deal with Scottish Power at £4,270.

Also an article on p11 headlined: "Your gas bill may be £4,200 ...":

Cites a one-year fixed rate deal with Scottish Power at £4,270.

That's the title of the leading editorial in today's Sunday Times.

The paper is full of articles on the UK's energy policy.

That's the title of the leading editorial in today's Sunday Times.

The paper is full of articles on the UK's energy policy.

Doesn't makes the Greens communist sympathisers, just means they will accept funding from wherever they can find it.

Putin is a kind of state capitalist, fail to see why those attracted to Communism would be attracted to Putin.

I'll leave that to others, Gideons!

No, I haven't, that is true, Gideons!

Think that may be over-stating the importance of Communism as an ideology today, outside of China (and it's gone through quite a transformation in China, too).

Putin is Putin but I'm not sure anybody is suggesting he is a communist - that was a different epoch.

... and increase the staffing levels of the regulatory authorities, enabling them to act quicker.

At another level, it is successive governments that have failed to think through a coherent energy policy.

There weren't enough votes in standing up to the environmental lobby or taking decisions re nuclear, so here we are.

“If there is a significant supply disruption with respect to Russian crude ... that will be very difficult for the market to make up and therefore that will lead to, I think, significantly higher prices,” Exxon Chief Executive Officer Darren Woods told CNBC on Thursday. Woods is scheduled to speak at one of the very first sessions on Monday morning, less than a week after announcing plans to abandon all of the company’s Russian business interests.

https://www.bloomberg.com/news/articles/2022-03-05/war-in-ukraine-overshadows-energy-transition-as-oil-ceos-gather?sref=Em01M8Hr

The gold is there, the aim is to extract it .

Not sure how appropriate it is to rely upon technical analysis when there are 5 interested parties and news of a potential deal could break at any time.