Heating oil

1967spud Reloading Supplies Ltd - UK Suppliers for Reloading Equipment supplies, We also stock Bullet Heads and Bullet Cases Guns Cabinets, Night vision and much much more...
shakey jake said:
Which awful pm prob tory did that?
Click to expand...
They’re all the same, the sea bed licences here in Scotland were sold - after consultation by Ministers with ‘leading Industry Experts’ for a price around ONE FORTIETH of those sold by the Crown Eatate around England and Wales..
 
TringSaint said:
But we would need to have not sold the extraction licenses to private companies.
If we had done the same at the Norwegians and created a sovereign wealth fund and owned the extraction of the oil and gas then we could serve ourselves first, but BP and Shell don’t do that!
They sell our oil and gas into the European grid and that gets sold back to us! You couldn’t design a more stupid situation if you tried!!
Click to expand...

Iraqi born petroleum engineer Faisal Al-Kasim became a key advisor to the Norwegian government, advocating for state control, technology transfer, and high recovery rates, which directly contributed to the success of what is now the world's largest sovereign wealth fund
  • Preventing the Resource Curse: Al-Kasim argued against allowing foreign companies to dictate terms, advising Norway to retain control of its resources to ensure long-term prosperity rather than short-term gain.
  • Resource Management: He advised that the state should participate in exploration and production, enabling Norway to secure a significant share of oil profits.
  • Technological Advancements: He encouraged investing in technology to maximize the extraction of oil from fields, a strategy that helped boost Norway's oil production.
 

Attachments

  • 1773056228425.webp
    1773056228425.webp
    960 bytes · Views: 2
I was involved in seismic exploration for oil and gas for 36 yrs.. The North Sea development of oil and gas from the early 70's was meant to make us energy sufficient, but UK goverments since the reserves were found treated the revenue as a cash cow and have basically blown the lot..zero government forward thinking.. I believe the last refinery in the UK that could refine diesel and related fuels such as home heating oil and jet fuel closed down several years ago, our diesel is imported from Europe.. a terrible and dire situation to be in. I believe the UK is a little better off for petrol and we still have some refining plants, but nothing like we used to have..
Ref Natural Gas reserves.. years ago underground storage was identified in the Southern Gas field area ( South of dogger bank ) the idea was to pump gas into the ground and use it as a holding stock in case of worldwide energy issues and price shocks.. did the government pursue this.. No.. only 18 months ago the idea has resurfaced.. too little too late yet again.
The UK politicians do not plan they only react.. its beyond terrible..
 
Triumph_Dave said:
I was involved in seismic exploration for oil and gas for 36 yrs.. The North Sea development of oil and gas from the early 70's was meant to make us energy sufficient, but UK goverments since the reserves were found treated the revenue as a cash cow and have basically blown the lot..zero government forward thinking.. I believe the last refinery in the UK that could refine diesel and related fuels such as home heating oil and jet fuel closed down several years ago, our diesel is imported from Europe.. a terrible and dire situation to be in. I believe the UK is a little better off for petrol and we still have some refining plants, but nothing like we used to have..
Ref Natural Gas reserves.. years ago underground storage was identified in the Southern Gas field area ( South of dogger bank ) the idea was to pump gas into the ground and use it as a holding stock in case of worldwide energy issues and price shocks.. did the government pursue this.. No.. only 18 months ago the idea has resurfaced.. too little too late yet again.
The UK politicians do not plan they only react.. its beyond terrible..
Click to expand...
What do they do at the Stanlow and Helsby refineries then?
 
CRINE rebased the industry to $12 a barrel production. It will have crept up since then of course but you can make money and provide energy security as long as you have a stable and predictable fiscal environment. That’s where the government, Tory and Labour, have outstandingly cocked up. We will need these resources but we are driving the operators and more importantly the experienced people and fantastic supply chain, out of work.
Then when the industry finally packs in, the treasury will have the decommissioning and abandonment billons to pay.
They’ll have saved all that tax paid to cover that won’t they?
 
Klenchblaize said:
www.bbc.co.uk

Radio 4 - Listen Live - BBC Sounds

Listen live to Radio 4 on BBC Sounds
www.bbc.co.uk www.bbc.co.uk
View attachment 464433
K
Click to expand...
Full of the usual nonsense, tropes surrounding if we can only get away from gas use, ‘Vera’ from Borsetshire’s shock at the doubling of the price, and all the EV drivers imagining their electricity bill isn’t also going to rise. Wind and solar the solution - laughable.
Vox Propaganda

Ah, must have mistuned - that was Jeremy Whine on 2. I’m sure it can only have been better on 4
 
tackb said:
Is it feasible to buy from other countries ?

Do you understand the concept of energy security?
Click to expand...

Aye of course I do.

U can say the same about any industry we have lost from steel, cars etc even to farming/food security.
We have lost a massive amount of self sufficientcy over last 40 odd yes.

In a global market place with large companies that don't care about anything other than profits and have no national pride/loyality.
How do u secure any sustainability?
Someone needs to pay the difference.

The UK in particular have never really bought British if they could buy cheaper elsewhere.
I remember working in Oz and Nz 30yrs ago and most over there would always buy local stuff.
It actually shocked me how staunch they were, that's the way we should off been.


Even the same on local levels, everyone moans about local green grocery, butcher, shop, iron monger being dearer than the Internet.
Then their the 1st to moan when local shops shut down.
Plus the cheaper thing u buy is usually far inferior standard.

NullMac said:
You would not plan a new development at $50 but it’s normally $70-$80. A bit like faermers they are usually moaning about price. US shale guys covet their remaining good wells and are not going to drill and complete until they believe there will be a sustained price rise

It’s not but there are worse. The oil is energy dense (unlike wind and solar) and the crude is decent quality.

Well they think there will be more money along soon. Land wells are relatively easy to get on stream so no need to start the project years ahead. Bit different in other basins
Click to expand...

Aye I've had my eyes opened listening to him on about oil and energy prices.

I appreciate massive differences in oil quality, location and quantities.
But when it's not profitable to be drilling wells on dry ground with the oil infrastructure structure you'd wonder how N sea is profitable at all.

Can they even get the staff for the rings nowadays?
Even with the pay and conditions they offer.
A lot off folk just don't want to work those sort off shifts away from home now.
I think even the FIFO mines in Oz are struggling to fill some staff roles.

On the plus side atleast the oil is still there.
We are in a better position than a country that has none.
But it does need to be financially viable ( or do we subsidise the industry, either government=more taxes Or higher diesel/petrol/Lpg prices permanently)
Either way it's everyone that has to pay for it.

Possibly if technology and government policy changes we can start again in the future.
 
Just under 1200 litres of LPG delivered last week, and the driver kindly gave us a completely blank delivery note so I had no idea what was delivered.

Just received the invoice. 71 ppu. Seventy one pence.

£916 for a load that was previously priced at £650
 
Quixote said:
Just under 1200 litres of LPG delivered last week, and the driver kindly gave us a completely blank delivery note so I had no idea what was delivered.

Just received the invoice. 71 ppu. Seventy one pence.

£916 for a load that was previously priced at £650
Click to expand...

Was that before the war then?
That's not as bad as I thought it would be.
Esp after the tanker blew up in the med.

I'm dreading phoning, been 3 yrs since my last delivery.
Don't use the combi much just hot water really, thankfully
 
Quixote said:
Just under 1200 litres of LPG delivered last week, and the driver kindly gave us a completely blank delivery note so I had no idea what was delivered.

Just received the invoice. 71 ppu. Seventy one pence.

£916 for a load that was previously priced at £650
Click to expand...
£916 is starting to look like a bargain with the way it’s looking
 
Got our oil club price though today via text , delayed by 1 week as prices too uncertain apparently.

1 month ago it was £0.64 per Litre exc vat. Today £1.28 per litre ex vat. Literally double. And likely to go up further !

We are fortunate not to need any for a good while but that is quite a jump if u need it and times are tight.

At least we are nearly out of winter.
 
My house is almost passuve house standard, with solar and airsource heat pump.
Feeling pretty smug now, even if elec prices triple still bills would be under £1200 a year. No gas just a log burner for back up
 
You must log in or register to reply here.

Similar threads

  • Article Article
A roe deer in the Scottish Borders
Replies
12
Views
5K
lambsey
L
R. Macleod & Son - The Best Hunting Companion
Back
Top