Even Monday’s one-off attack will add 20 cents to petrol prices. In the US, that will cost families an extra $18 a month at the petrol pump.
Posts Tagged: Oil
Richard Ritchie: We all benefit from the oil and gas industry. Why is this Government, in thrall to a moral panic, unwilling to say so?
If artists are so unwilling to accept the support of industrial companies, perhaps they should be prepared to live off box office receipts alone.
Rory Stewart: Of course there’s a climate emergency. Here’s a wide-ranging Conservative programme to tackle it.
Saving our planet will require a very eclectic bunch of policies. The task calls for moral courage and grinding common-sense.
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The gaps it potentially addresses and the interest shown abroad suggests it at least merits consideration here ias a complement to renewable power generation and electric vehicles.
The Government should form an alliance with motorists, not raise taxes which will hike the costs of commuting, public transport, and food.
Alex Morton: Cycling is over-hyped, motorists are under-supported. This Government should be on their side.
May should have cut fuel duty pre-election – and longer term, we will need to switch to taxing congestion.
EU leaders are caught between the Islamic Republic’s atrocious record and the allure of its oil. We must take a stronger stance.
Carolyn Fairbairn: If the Government gets its Industrial Strategy right, we can help make the economy stronger and fairer
We need sectoral centres of excellence that strengthen our economy, create higher wage jobs and help us trade across the globe.
It should be used to pay for what we owe in our pensions and benefits system – and thus provide more inter-generational justice.
Hinkley Point 3) Ben Caldecott: Let’s seize this chance to end it – and choose a clean, green and efficient alternative instead
Blind faith in new nuclear and shale gas have yielded precisely zero for UK security of supply, despite constant rhetoric to the contrary.
Douglas Hansen-Luke: Tata Steel. Neither closure nor nationalisation make sense. Here’s a strategic alternative.
Javid should be bold, and push for a British steel reserve modelled on America’s oil reserve.
Since the Chancellor is warning of risks to our recovery, the next Budget will have to prove that he doesn’t just feel apprehensive – but acts on it, too.
It’s fine news for consumers, for now. But the news could turn sour.
We ought to encourage energy self-sufficiency to protect against international instability.