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Are you sure that this has nothing to do with the war in Ukraine? If it is down to the Tories then they have really screwed up the EU as well! https://www.iam

• gizajob 4y ago
  The thing is that Britain has an independent oil and gas sector though. We're not reliant on imports, so yeah, the blame can be levelled at the Tories for this one.
  • tremon 4y ago
    That oil and gas sector is still reliant on international gas prices, since it's a global market. I'm not sure if it's even possible for a single country to commandeer its fossil fuel production for own use without sparking a few international conflicts.
    • shagie 4y ago
      https://www.gao.gov/products/gao-21-118 https://www.gao.gov/products/gao-21-118 > With U.S. crude oil production nearly doubling from 2009 to 2015, Congress repealed the crude oil export ban in December 2015—allowing the free export of U.S. crude oil worldwide. https://ballotpedia.org/Crude_oil_export_ban https://ballotpedia.org/Crude_oil_export_ban Yep, a country can do it and has done it.
  • vel0city 4y ago
    You're not reliant on imports, but unless you outlaw the export of energy you're still subject to the global price of energy. If they can export it cheap enough, energy producers would rather sell it to mainland Europe or around the world rather than sell it for less domestically.
    • stuaxo 4y ago
      Most of the oil and gas from the North sea is exported, at the same time the Tories suggest more fracking as if extra oil and gas wouldn't also be sold.
• Barrin92 4y ago
  Britain is at much higher risk because unlike Germany and several other countries on the continent it has virtually no gas storage capacity. Here in Germany we have at least two full months of reserves. Despite Britain's size it has only 1% of the storage capacity that the continent has, even the Dutch storage capacity is nine times higher. One of the reasons? Britain closed one of its largest domestic storage facilities in 2017 for budget reasons. (750 million over ten years) Obviously the war plays an important role but Tory economic philosophy is well at work here as well, just like in any other public sector. https://www.theguardian.com/business/2021/sep/24/how-uk-energy-policies-have-left-britain-exposed-to-winter-gas-price-hikes https://www.theguardian.com/business/2021/sep/24/how-uk-ener...
  • sgt101 4y ago
    The reason for this though is that we do have a marine gas terminal infrastructure... unlike Germany.
  • rowanajmarshall 4y ago
    The UK also has large percentage of Europe's LNG ports. The "storage" is in the form of LNG tankers constantly docking and unloading here.