Count Steer wrote: ↑Tue Aug 30, 2022 10:05 am
Are we talking wholesale or retail prices?
Both, internal and import, but you're barking up the wrong tree with where I think you're going with this and I genuinely can't be arsed with your Irie style sitting back and picking at whatever anyone writes like a music critic who can't play a note but tells anyone who can they're not playing it right.
Attaboy! I assume the tree to bark up is QE like you told us about last year.
I would like to know where Bangladesh gets 'cheap' imported oil and gas from though. Also whether subsidising retail prices makes much difference compared with taxing them and putting tax on the tax. Similarly when you say 'cheap' is that relative to average incomes? Also how the relative price differential has changed since ooh...say 1960 and how that has compared to other commodities.
Still, you didn't miss us for long did you?
They don't. They produce a fair bit themselves, which in theory should help to keep prices low, but their industry is very reliant on NatGas so they have to import, with some of it being on the spot market. They usually import 2-3 cargos per month, but haven't made any orders since June because it's too expensive (it went from $24.25 per MMBtu to an estimated $40.50). To put that in perspective they were paying just over $13 per MMBtu one year ago.
No idea how that compares to western prices though.
Last edited by Hoonercat on Tue Aug 30, 2022 11:18 am, edited 1 time in total.
It's regional as well as global prices, Bangladesh might be affected by global oil prices but is hardly going to be bothered by a gas shortage in Europe.
Count Steer wrote: ↑Tue Aug 30, 2022 11:07 am
Is that the long winded way of saying you don't know or that the answer undermines your argument?
No, it's me saying that you're a retired junior manager who always knows better than the senior management, but you've never had the capability to actually get there yourself.
Ergo, you're a troll and a very boring one at that.
Ah. Club 2. Fore!!
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
Asian Boss wrote: ↑Mon Aug 29, 2022 10:23 pm
We have an above average quantity of historical emissions to consider. We're also far more able to reduce our emissions while retaining a certain quality of living.
Have they got to catch us up, before anyone actually fixes anything?
Absolutely not.
But if anyone has a responsibility to lead from the front, it's the larger historical emitters.
You snooze, you lose.
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
Count Steer wrote: ↑Tue Aug 30, 2022 10:31 am
Attaboy! I assume the tree to bark up is QE like you told us about last year.
I would like to know where Bangladesh gets 'cheap' imported oil and gas from though. Also whether subsidising retail prices makes much difference compared with taxing them and putting tax on the tax. Similarly when you say 'cheap' is that relative to average incomes? Also how the relative price differential has changed since ooh...say 1960 and how that has compared to other commodities.
Still, you didn't miss us for long did you?
Instead of asking me questions (because you don't know) and then picking at it like you knew all along, why don't you tell me what the situation is?
You're either an Irie alias or his twin, you seem to know nothing until someone else educates you and then you claim to have known all along and even know better.
You reached your ceiling a long time ago fella and you're nothing more than white noise keeping this section of the forum churning.
To the contrary, you're uneducated and we're not. Get over it.
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
Have they got to catch us up, before anyone actually fixes anything?
Absolutely not.
But if anyone has a responsibility to lead from the front, it's the larger historical emitters.
You snooze, you lose.
I'm not sure if that's a valid moral argument.
The historic larger emitters not only should take the most drastic steps to remedy the situation, they are also in the main the most able to do so.
I suppose there is an argument after a certain amount of time we forget things. Reparations have not been paid for slavery (yet) for example. But those in a position do have done something about atmospheric carbon and who also profited from the huge ramp up in emissions between 1950 and 2010 should really be held accountable. The slavery people are dead. The carbon emitters are very much alive and hoarding their profits from the damage they did to the environment.
It's not a question of if they will pay but when. It's been informally called The Toxic Tax in the circles of key stakeholders and legislators.
To a kid looking up to me, life ain't nothing but bitches and money.
gremlin wrote: ↑Wed Aug 31, 2022 5:15 pm
What's the cut off for Andy Burnham's proposed pay cut for 'well paid bosses' in order to pay their staff more during this cost of living crisis?
One assumes it's over the £110k a year he's paid, as I don't see him leading by example.
"The median FTSE 100 CEO took home £2.69 million in 2020. This is the lowest level of median
pay since 2009, and is a reduction of 17% from the median FTSE 100 CEO pay in FYE 2019,
which stood at £3.25 million."
trustforlondon.org
Count Steer wrote: ↑Tue Aug 30, 2022 2:22 pm
Club 2 again. Bet you wished you'd included a wedge.
Temperament is the key attribute to being a mod. A calm and confident one makes it easier to deal with the silly ones that try to bait and troll them.
Still, keep up the clicks.
One has to enjoy the little things, when I post about energy you post straight afterwards to try and compete, when I post about economics you're straight there again, when I post silliness then you copy...and when I stop posting then you stop posting.
I've never had a pet moderator, you'll be fun when I've fully trained you, now start posting and amuse me, dance for me boy...
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
I noticed that the EU came up with a plan this week. It involved ramping up storage. Wholesale gas prices fell 20%. Next day Putin's boys shut down Nord 1.
Probably best not to make a big announcement of the plan perhaps?
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
The EU is well ahead of its storage targets, but rationing may be needed over winter depending on gas deliveries. A bit of hardship may not be such a bad thing, it might remind us all how much we take energy for granted. Like this German on FB
German woman on FB:
New laws not allowing people to leave doors open or use heated pools. Shop lights have to be turned off at 10pm. Politicians telling people to take cold showers or just shower quickly.
Bullshit laws around every corner.
Gosh, how terribly inconvenient. She went very quiet when a German solicitor pointed out that these are not laws, merely advice. Her solution is to open NS2 and continue relying on gas from the country that has been attempting to hold Europe to ransom using gas supplies
gremlin wrote: ↑Wed Aug 31, 2022 5:15 pm
What's the cut off for Andy Burnham's proposed pay cut for 'well paid bosses' in order to pay their staff more during this cost of living crisis?
gremlin wrote: ↑Wed Aug 31, 2022 5:15 pm
What's the cut off for Andy Burnham's proposed pay cut for 'well paid bosses' in order to pay their staff more during this cost of living crisis?
One assumes it's over the £110k a year he's paid, as I don't see him leading by example.
He donates 15% of that £110 000 to a charity he set up to combat homelessness, so he is leading by example.
Pre tax I suspect, that would mean about 6k off of his take home if he's paye. He's paying it to a charity he set up and the name chosen makes it very difficult to find details. I'm feeling cynical.
gremlin wrote: ↑Wed Aug 31, 2022 5:15 pm
What's the cut off for Andy Burnham's proposed pay cut for 'well paid bosses' in order to pay their staff more during this cost of living crisis?
One assumes it's over the £110k a year he's paid, as I don't see him leading by example.
He donates 15% of that £110 000 to a charity he set up to combat homelessness, so he is leading by example.
Pre tax I suspect, that would mean about 6k off of his take home if he's paye. He's paying it to a charity he set up and the name chosen makes it very difficult to find details. I'm feeling cynical.
Info and accounts are all there. Last annual accounts presented indicate he donated £1375 per month through Just Giving (which resulted in an additional £344 via Gift Aid).
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
gremlin wrote: ↑Wed Aug 31, 2022 5:15 pm
What's the cut off for Andy Burnham's proposed pay cut for 'well paid bosses' in order to pay their staff more during this cost of living crisis?
