We will likely be the first in the line to buy the fuel, but we have to buy at global market rates, lest Shell go to the next best buyer charging the going rate and they just tank the negligent shipping costs. This isn’t a service the capitalists running the fossil fuel companies are offering to the government, they bid to get the right to the gas so they can sell it to whoever is buying at the best price.
Comment on Government approves drilling in Jackdaw gas field in North Sea
Officer_Pickles@lemmy.world 1 day agoEven though we’ll be less dependent on imports? Well paint me the colour surprised!
zedcell@lemmygrad.ml 19 hours ago
als@lemmy.blahaj.zone 1 day ago
These projects take years to come online. Also it will all get exported. In 2025 the UK produced 31.4 million tonnes of oil and exported 27.5 million tonnes, over 87% of it. [1] This doesn’t make our energy more secure, unlike wind, hydro or solar, just endangers us all and makes billions for rich cunts in the process.