• The post you are reporting:
   
  The stability of the utility companies is, I think, the overriding factor in attracting investment of any sort, monumental profiteering is but icing on the stability cake.
  True, when the utilities were national assets price hiking was commonplace;we 'dare not' benefit from North Sea Gas at that time simply because of the probable harm done to the Electricity Industry. [Thatcher]
  But,
  Nationalised utilities would be less likely to have tankers milling around off-shore waiting for an expected/hoped for rise in the basic commodity price. (a price fixed/set/dreamt-up by devil-dealers for whom money is all)
  It is also a fact of privatisation that we do not buy our energy directly from the wholesaler. Many, if not all (most likely all), of the energy companies purchase the commodity via a wholly-owned subsidiary company. This artificial break in, or link in, the supply chain is not for the public/customer benefit.
  The 'choice' spoken of with regard to energy supplier is the same 'choice' offered across the board in modern politic-speak, it's just another way to stick two-fingers up to the public...nothing more.

Report Post

Your Name

Reason