Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Energy prices include more than just petrol, there oil and gas that power a lot of electricity generation. It is a complex market and there is an energy defecit that is contributing to the costs. Oil has dropped a bit lately and may go down to $100 a barrel, still high historically. It is the futures at the time supply was secured that determine the present increases. Nationalisation would have no impact on that and being a monopoly prices are more likely to increase further and they would be hamstrung in negotiations over supply costs as any State monopoly would be.

    Chris, you cannot get away from the need for these companies to attract investment and to do so by the issuing of dividends to attract investment. A reduction in profit means a reduction in investment and less potential security in supply and higher, yes higher charges to the public.

    In making your argument you are still doing from the position of blind faith. to have an argument worth taking seriously you have to provide a reasoned case and that is lacking. You have also not even attempted to counter my point regarding the economic damage and the personal tradegy that would result for many vulnerable people.

    I said it before, if you think we have economic problems now it is nothing to what would happen if you had your way. Everyone would suffer and there would be no upside at all....

Report Post

 
end link