General Chat

Can't answer again?
Have to resort to insults (yaaawwwn)?
Shame........
I'm waiting with baited breath for the next 'pearl of wisdom' from your oh! so amusing repertoire.

Energy companies rely on most consumers not looking for better deals each year.

They penalise those who have struggled with payments or who are in rented properties by the installation of meters which cost far more per unit used than those of us on monthly/quarterly billing.

I have no problem with them making a good operating profit but not by penalising the poor and less savvy.

Okay late in the day but heyho.....Rollo do stop trying to prove you're better than some of us....it's rather stinking of look at me look at me.

So if Labour wins on Thursday what position will dear old Diana hold?

As for fuel.....so will Labour reduce the tax on fuel?......they need all the money they can get to pay for all the things he's promised.

Gosh, a simple question, yet it apparently necessitated patronising 'mansplaining'.

Amazingly, I'm well aware that tax and VAT are most of the price of fuel - but nonetheless fuel prices go down as well as up - haven't you noticed?
So, IF crude oil prices went down and pump prices went up, would you think that fair, would you be happy with it?

This seems to be the news about Scottish Power's profit in 2015.
http://www.bbc.co.uk/news/uk-scotland-scotland-business-31522742

In fact they do seem to have dropped prices as a result of that. Also some 7% of the profit was due to the weakness of the euro against the pound, so thanks to Brexit that will cut their profits this year.

As for fuel, Iooking at the rates I have paid over the last three years it seems to follow the price of crude oil quite well. There don't seem to be any instances where the price has risen when the price of crude has fallen.

That's the article Kense.

Yes, prices were dropped - but not by anything like a similar percentage to the drop in their costs.
Indeed, the article says, people could save money by changing provider - one can only assume from that, that Scottish Power are happy to rake in profits and give their customers a 'token' reduction.

Don't know about where you live, but around here, it took weeks before Petrol prices dropped. Seems that when prices go up, this immediately shows at the pump.
When the price of crude goes down, it takes weeks to take effect :-(

"There is no simple link between crude oil prices and retail prices on any given day."

Umm yes there is....as Maggie said....when their costs go up the pump price rockets up immediately....when their price goes down it eventually goes down at the pumps....tried to keep it simple.