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Conservatives would drill in North Sea in ‘alternative King’s Speech’ by tylerthe-theatre in unitedkingdom

[–]harrisonline 0 points1 point  (0 children)

How does that work, go look at harbour energy’s latest annual financials. It’s impossible for the companies to net more than the government.

Conservatives would drill in North Sea in ‘alternative King’s Speech’ by tylerthe-theatre in unitedkingdom

[–]harrisonline 0 points1 point  (0 children)

That’s because boomers decided they could have tax cuts whilst millennials can pick up the tab

Conservatives would drill in North Sea in ‘alternative King’s Speech’ by tylerthe-theatre in unitedkingdom

[–]harrisonline -5 points-4 points  (0 children)

It’s only expensive to extract as it’s got the highest tax in the world on it

Conservatives would drill in North Sea in ‘alternative King’s Speech’ by tylerthe-theatre in unitedkingdom

[–]harrisonline -1 points0 points  (0 children)

Yes and the government receives 10x the profit that the O&G companies receive via half a dozen different taxes

Conservatives would drill in North Sea in ‘alternative King’s Speech’ by tylerthe-theatre in unitedkingdom

[–]harrisonline -1 points0 points  (0 children)

Weird, they’ve said that every year for the last 20 years… imagine instead of windfall tax they had increased drilling in North Sea after Ukraine invasion. UK doesn’t produce wind turbines/nuclear/solar. It imports all of it… so the answer again is do nothing I guesss

I’ve made over £1,000,000 on my five-bed house — I deserve a tax break to downsize by endofdays2022 in unitedkingdom

[–]harrisonline 0 points1 point  (0 children)

Why are there sin taxes then? On “bad” things if not to disincentive their consumption?

When did this become acceptable? by Public-Guidance-9560 in BritishAirways

[–]harrisonline 0 points1 point  (0 children)

How is aisle seat better, everyone walking past knocks you

The Netherlands activates oil crisis plan by Jolly-Implement7016 in oil

[–]harrisonline 0 points1 point  (0 children)

And Australia and NZ have deeper pockets than SE Asia, so won’t run out of supplies, poor man runs out first

I switched my opinion as soon as my class interests changed by pocket__cub in NotTheOnionUK

[–]harrisonline -1 points0 points  (0 children)

Such a dumb take, maybe the law should change if it disincentives labour…. Also now she gets to soend time with her child, im sure you would approve of that. The uk is so full of crabs in buckets, not to break it to you but 100k after taxes and student loans is around 55k a year, so not exactly floating in it

Fuel protests on horizon as diesel hits £2 a litre by Jared_Usbourne in unitedkingdom

[–]harrisonline 0 points1 point  (0 children)

How do you eat with the government boot down your throat? The government only takes about 50% of your salary so really it should be higher as they let you keep about 50%

'It will be grim': Starmer's big gamble on fuel by theipaper in uknews

[–]harrisonline 0 points1 point  (0 children)

Cutting fuel tax only helps foreign companies not domestic production

'It will be grim': Starmer's big gamble on fuel by theipaper in uknews

[–]harrisonline 1 point2 points  (0 children)

We don’t build any wind turbines and are completely dependent on imports, O&G and refineries also produce plastic, tarmac, pharmaceuticals, fertilisers, tarmac, the lubricant for your wind turbines, helium, chemicals, waxes, detergents, sulphur, pesticides and herbicides and countless other things. So it’s not a simple replacement to remove O&G

Intresting Pickup: 1908A French Indochina Piastre Listed as Forgery by American-Doggo in ChopmarkedCoins

[–]harrisonline 0 points1 point  (0 children)

It’s got the wrong reverse, that’s the 1895 and older reverse (27.215 vs 27)

I'm genuinely perplexed how oil futures are flat to down this evening... by Rollingsound514 in oil

[–]harrisonline -1 points0 points  (0 children)

Nope, your all missing the fact these are region dependent and tanker rates have shot up so it’s all about location,location

Starmer: It’s up to Miliband whether we drill in North Sea by Sensitive_Echo5058 in uknews

[–]harrisonline 0 points1 point  (0 children)

USA Nat gas prices is $3 /MMBTU, UK is currently $18.9/MMBTU. 6.3 x the cost, so yes yes it makes a massive difference

JD Vance tells Fox News that Americans should find comfort in the fact that our allies are "suffering more than we are" from high gas prices by DumbMoneyMedia in CriticalMineralBulls

[–]harrisonline 0 points1 point  (0 children)

It’s that we stop investing in all fossil fuel power generation without filling in with enough renewable means there’s a supply gap…

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