A Con.

 

          Our lives are plagued by spivs and conmen who prance about in expensive clothes and sit in the corridors of power. One such spiv, a boss of an energy company, has just stated that high energy prices are here to stay, this is after the energy companies have made billions in profit. What these spivs and conmen don't mention is that wholesale gas prices have plummeted. The reason energy prices sky rocketed  in the first place was the imperialist blood bath in Ukraine and Europe stopped buy Russian gas. At that point in time the price of wholesale gas jumped to around 800p per therm. There little secret is that it has now dropped to 150p per therm, below what it was before the Ukraine affair. Have you noticed this in you energy bills? No you haven't, the reason being the statement made by that energy boss, high energy prices are here to stay. They don't want to see those billions in profits shrink, they're on a bonanza and loving it. How does it feel to be continually ripped-off by a bunch of very rich and greedy spivs and conmen. Like I said before, they are laughing at us, what are we going to do about this continuous plundering of the ordinary people, to fatten the bank accounts of the parasite class of spivs and conmen and furnish them with more expensive yachts, private jets and gas guzzling limousines?

Image courtesy of Catalyst Commercial

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Spivs.

Image courtesy of Muswell Hill Sustainability Group

All of the above.

           Nobody likes getting ripped off by spivs and con artists, so why do we tolerate being ripped off by big corporations? Through this winter ordinary households have put up with cold homes to the detriment of everybody, especially kids and elderly, while the energy companies have been making billions in profits. What these energy companies and their minders the state don't mention is that wholesale gas prices are now as low as they were just before the war in Ukraine. A mild winter in UK and Europe has driven gas prices down more than 4% to 178p per therm. The last time we saw gas below 180p per therm was before the war in Ukraine. At the start of that imperialist bloodshed the price of gas rose rapidly to 329p a therm, skyrocketing to 875p a therm by August. The energy companies were very quick in raising their prices to make sure they still made a huge profit. It has now been steadily falling to pre war levels but there has been no watching drop in price to you and I.
           You have to admit, you are being ripped off by spivs and con artists who live in the lap of luxury at our expense. How long will we allow ourselves to be mugs to the billionaire parasite class, how long will behave like milk-cows to the capitalist system, how long will we pay for an Oxbridge education for that millionaire/billionaire parasite class while we struggle for a decent life?
            Of course the energy companies are not the only rip-off merchants in town. Denise Coates CEO of bet365 had an annual salary of £250 million plus £97.5 million in dividends to March 2022. Making her the highest paid executive in the UK. Where do you think that money comes from? They are laughing at us.

 

Image courtesy of Express.

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Rip-Off.

 

                                                  Image courtesy of The Week.

        As I have spouted many times, the wholesale price of gas has been falling for sometime now, but we're told that they can't reduce the price to us as that is not how the markets work. Well an interesting little snippet appeared in the press, the Isle of Man has reduced its energy prices by 25% due to the falling gas price. Perhaps they haven't yet learned how the markets work, or perhaps we are just being ripped off. I know where my thoughts lie. For how much longer will be put up with being shafted on a daily basis by the rich and powerful?

Image courtesy of Express.

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Rip-off.

 

Image courtesy of Wales Online.

            Well now you are expected to relax, the new Messiah Sunak is going to steady the ship. Of course he has made a few predications, "there are difficult times ahead", not for him and members of the Posh Club, he means for you and I. Difficult decisions will have to be taken, not for him of course, but certainly for you and I, difficulty is putting it mildly. Energy price is just one of the difficulties facing the ordinary people, but not by the posh mob making the decisions. What they don't broadcast is the wholesale gas prices have fallen the lowest level since June but the price stays high,

         (Dr Craig Lowrey, at data analyst Cornwall Insight (opens in new tab), explains any decline in spot prices will unlikely have a material impact. “Due to the nature of the implied hedging process, any decline in spot prices would be unlikely to have a material impact. This is because we would assume that suppliers would have hedged their consumers’ demand requirements well in advance of this winter. As such, the price of gas and electricity being consumed now is reflective of these longer-term hedges entered into by suppliers - not just the spot price.”) See the gambling casino wins again.

                         Fuel poverty kills more people than road accident, The Mirror.

         What that translates into is that Shell posted £8 billion+ in profits for the previous 13 week period, up more than double for the same period last year. Do you ever get the feeling that you are being deliberately ripped-off, big time?
           Just a thought, if you kill someone in a road accident you will pay the price, so if you kill somebody with fuel poverty, surely you should pay the price.
          While the millionaire club at Westminster decide how difficult it will for you and I, are we going to sit back and take it? Every penny of wealth created in this country is created by those ordinary people who work and those who shop. It is not created by the billionaire/millionaire parasite class. Their wealth is created by pillaging and plundering that wealth that we the ordinary people create. Let's take it all back and create a society of justice, of mutual aid and co-operation between communities, workplaces and distribution centres all freed for the exploitative and cancerous profit motive. A society that sees to the needs of all our people, not one that just sees to those who can pay. We have the numbers, we have the power, all we need is the will to bring down this stinking parasitic, exploitative system of greed.

Visit ann arky's home at https://spiritofrevolt.info