Last updated on December 21st, 2017 at 09:47 pm
“The coalition government’s latest ‘comprehensive energy review’ which held this week, came up with the one undoubtedly obvious conclusion.”
That there was nothing that the last government could do, nor that this state or even the next government can do to stop our energy bills from rising.
Mr Cameron’s assessment of energy prices only confirmed that our great nation is powerless against global issues, including the overwhelming global demand for energy as the industrialised economies of China and India continue to grow.
This predicament is overshadowed alarmingly by the continued reduction of new oil field finds and the overstretching of existing areas. New investment into looking for new oil fields has been announced this week, with BP casting their the North Sea nets out further afield. (more…)