Comments by "" (@maccagrabme) on "Energy bills: Liam Halligan breaks down the energy crisis, as bills are to be frozen at £2,500" video.

  1. How about the government change legislation as to the way the wholesale price is calculated and break the link between the market price which allows energy companies to sell energy to us at far higher prices that what they pay for it if the speculative price is high which it currently is due to this crisis? The actual real costs havent gone up much so how can energy companies justify charging us the market rate? So the markets 'could rebel as the government tries to borrow more', in other words the greedy investors want us all to freeze this winter as they dont want their share prices falling if the government intervenes and borrows money to cap these prices. Of course the energy companies and government love all of this speculation as they are making far more money than just selling us energy at the normal rate, we might as well turn the energy companies into casinos at this point in time if this government isnt going to put an end to this madness. And dont bother deleting this YT, people need the facts.
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  2. Until this govt break the link between the market price and actual price and change the way the wholesale price is calculated they can manipulate this as much as they like to keep the prices high. The actual raw costs havent increased much, its the wholesale price that we pay being linked to the market price which has pushed prices through the roof, so we all freeze this winter because the markets want to play casino with energy prices and dont want govt intervention as it affects their portfolios.
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