Making the news today....

[trigger_andy]

Yes trig, I've done batch cooking for years, put a jumper on when it's cold, have the cheapest phone deal, and so on. Not because I have to, it's the way I was raised. This is different, some folks energy costs have doubled overnight with another rise coming in October, that's before we get onto NI rises.

Same with us Eggs. We’ve stopped using the central heating in the mornings and evenings now that oil prices are sky high. We just keep warm cloths on till the stoves kick in. I cook double or triple what the recipe states and freeze the extra in baggies (perfect for the missus when I’m off-shore) We’ve cut out electric usage from near on £300 a month down to £90 a month (pre-increase) not because we have to but why waste the money?

Times are going to be hard for a lot of folk, so they have to make some tough decisions. You can feed a family of 4 a health set of meals a day for a few quid. If they have to make meat a once a month special occasion then that’s what they have to do.

Theft is gonna go through the roof soon.

[eggsarascal]

1 minute ago, trigger_andy said:

 

Same with us Eggs. We’ve stopped using the central heating in the mornings and evenings now that oil prices are sky high. We just keep warm cloths on till the stoves kick in. I cook double or triple what the recipe states and freeze the extra in baggies (perfect for the missus when I’m off-shore) We’ve cut out electric usage from near on £300 a month down to £90 a month (pre-increase) not because we have to but why waste the money?

Times are going to be hard for a lot of folk, so they have to make some tough decisions. You can feed a family of 4 a health set of meals a day for a few quid. If they have to make meat a once a month special occasion then that’s what they have to do.

Theft is gonna go through the roof soon.

 

I'll tell you about theft, I was at our kids in the week, me and his mate walked through the alleyway to go up town, some little scrote was trying to sell a bag full of meat, our kids mate asked him what he wanted for it, tenner came the reply, I said, Wayne give it a swerve mate, the little c*nts nicked it. It's already happening mate.

[trigger_andy]

I'll tell you about theft, I was at our kids in the week, me and his mate walked through the alleyway to go up town, some little scrote was trying to sell a bag full of meat, our kids mate asked him what he wanted for it, tenner came the reply, I said, Wayne give it a swerve mate, the little c*nts nicked it. It's already happening mate.

Same as it’s ever been in that regard. Folk have been flogging knicked goods down the pub since forever.

I’m thinking we’ll see a huge increase in fuel theft. From vehicles, heating oil tanks to even firewood. These things are knicked anyway, but I see a substantial increase.

[kevinjohnsonmbe]

2 hours ago, openspaceman said:

In your dreams; no one wants to give up money least of all energy company profits

You not think it’d be a fairly shrewd business (not to mention morally commendable) move?

 

If 1 of the big energy companies said, right, we’ll take the hit and reduce retail prices to £Xx (even if that were a loss leader), the masses would flock to change supplier - thus capturing market share and presenting the. corporate image as being the ‘good guy?’

 

Maybe naive on my part but if I were a multi million £ CEO I’d certainly be thinking along those lines.....  Meanwhile, I’ll get on a pot up my peas 😂

[Mick Dempsey]

4 minutes ago, kevinjohnsonmbe said:

You not think it’d be a fairly shrewd business (not to mention morally commendable) move?

 

If 1 of the big energy companies said, right, we’ll take the hit and reduce retail prices to £Xx (even if that were a loss leader), the masses would flock to change supplier - thus capturing market share and presenting the. corporate image as being the ‘good guy?’

 

Maybe naive on my part but if I were a multi million £ CEO I’d certainly be thinking along those lines.....  Meanwhile, I’ll get on a pot up my peas 😂

Then what? When do they put their prices back up, Just before they go bankrupt ?

[Doug Tait]

2 minutes ago, Mick Dempsey said:

Then what? When do they put their prices back up, Just before they go bankrupt ?

That wouldn't be allowed to happen, taxpayer would bail them out first 

[Mick Dempsey]

Plenty of energy suppliers went to the wall end of last year.

 

I just found Kevin’s post unusually naive.

[eggsarascal]

2 hours ago, trigger_andy said:

 

Same as it’s ever been in that regard. Folk have been flogging knicked goods down the pub since forever.

I’m thinking we’ll see a huge increase in fuel theft. From vehicles, heating oil tanks to even firewood. These things are knicked anyway, but I see a substantial increase.

 

Is that because we are being taxed to death by a party of low tax? Don't give me pandemic to try to justify it.

[openspaceman]

1 hour ago, kevinjohnsonmbe said:

You not think it’d be a fairly shrewd business (not to mention morally commendable) move?

Writing as an acknowledged poor business man I might but the CEO of a public company only has a duty to maximise shareholders' profits, morality is not in his remit.

Quote

 

If 1 of the big energy companies said, right, we’ll take the hit and reduce retail prices to £Xx (even if that were a loss leader), the masses would flock to change supplier - thus capturing market share and presenting the. corporate image as being the ‘good guy?’

 

Well given the signals the primary energy producers have been given that has resulted them cutting down on exploration investment they might be looking at the market and thinking  the consumer has been able to pay much higher prices, even with a big chunk going in tax, and the margin is higher on the smaller volume bought by those that can afford it, our profits have gone up, so make hay...

Edited April 3, 2022 by openspaceman
typo

[openspaceman]

57 minutes ago, Mick Dempsey said:

Plenty of energy suppliers went to the wall end of last year.

 

Yes but here they were mostly resellers without reserves to hedge against rapidly rising prices.

57 minutes ago, Mick Dempsey said:

 

I just found Kevin’s post unusually naive.

He did suggest just so.