Tag: Oil

Feb 2022. The Crazy UK Energy Policy

The business secretary, Kwasi Kwarteng, is considering how to reduce the impact of rising energy costs on Britain’s households. Since October the market price for natural gas has jumped from £2.50 a therm to £4.50 before dropping back to £1.70. In recent days it has begun to tick up again and on Wednesday it hit… Continue reading Feb 2022. The Crazy UK Energy Policy

Oct 2021. We should be Self Sufficient on Energy

With gloomy predictability our witless government is steering us into a major and crippling energy crisis. Two facts are blazingly obvious. One is that a modern country, to be prosperous and with contented citizens, requires huge quantities of energy all the time, utterly reliable and affordable. The other is that no country remains sovereign whose… Continue reading Oct 2021. We should be Self Sufficient on Energy

Mar 2020. The Financial Oil Market Crash

March 2020. Oil prices fell through the floor in early trading Monday, tanking as much as 30% after Saudi Arabia slashed its crude prices for buyers. The kingdom is reportedly preparing to open the taps in an apparent retaliation for Russia’s unwillingness to cut its own output. “This has turned into a scorched Earth approach… Continue reading Mar 2020. The Financial Oil Market Crash