No. No. No!! 80% of bp’s profit is from its global trading business. Robert is wrong and I am right in this. A hedge fund bolted onto the side of an oil and gas company. These profits are not earned … (View Post)

Just go and look at how many boe of production bp and Shell get from the North Sea (hint: not much). As I’ve said before, most of their profits this year and last have been from global trading platfo… (View Post)

But they already implemented a windfall tax. Should they do it again because you weren’t concentrating? (View Post)

There’s a no longer implausible scenario of European gas and power prices collapsing before winter sets in. Slava Ukraine. The general inflation seen in the world is in my view because of monetary po… (View Post)

Truss needs to come right out on a bbc sofa and say “I believe the truth is important in politics. That is after all the very reason why I have found myself in this job. And the LOTO is simply not te… (View Post)