Liz! Truss!

That’s how the North Sea has operated for the last 40 years.

No it isn’t, for example the Danish sector has historically fixed their equivalent of PRT for field life allowing better planning and lowering risk. Neither has the price been set to be (barely) profitable at ~$90/bbl

kimbers

Not true at all, because carbon emissions need to fall

Exactly why the world needs more gas…. less oil and no coal before we get nuclear up and running.

Just looking at transport: As Western Europe brings in electric vehicles we need more power .. but most of the developing world is much much further away.

You only need to look at Norway to see how we fell into the same trap. They make a big deal about not having nuclear or gas generation and using hydro … yet in winter have to import their gas and nuclear electricity from Sweden and Denmark.(and more recently the UK).. that ironically is paid for by selling gas to Denmark used to generate the electricity they buy and oil on the global markets.
A great “look how clean we are” image based on misleading a population that want to be misled* and that’s leaving Norwegians baffled as to why electricity prices have shot through the roof when they believed they were generated by hydro. (*it’s not rocket science to ask how the hydro dams in the mountains function when it’s -25C and they are frozen to several meters with no way of being topped up) – this is something Western Europe needs to be careful of repeating.

Many Taxi’s and autoricks in India for example (worlds 2nd largest LPG importer) already run off LPG and more moves are planned to help fund the move to cleaner energy (LPG) whilst rural cooking is burning wood and a cleaner LPG alternative is being brought in.
It’s not like they are using modern and efficient engines either .. The taxi/autorik owners are largely driving 30yr old very dirty petrol engines.

You can get round subscribing on this… it’s a lot of clicks though
https://auto.economictimes.indiatimes.com/news/oil-and-lubes/india-scrambles-for-lpg-to-meet-demand-as-saudis-defer-flow/71307534?redirect=1

India’s population is 20 times that of the UK’s .. and despite it being a wealthier nation than the UK it’s per capita is much lower.
The Indian and provincial governments are trying to put in cleaner energy and that is for the most part LNG. Converting older cars and taxi’s and putting alternative cooking based on LNG into rural areas.

Climate change is a global problem… pushing up the price and availability of gas for poorer nations is not going to help. Aramco has put up prices to India because Western countries will pay more…

fracking in the UK is going to be a huge gamble, no guarantee that we have enough gas to make a difference (o&g companies never over inflate prosoects😉) but you can absolutely guarantee that fracking will cause disruption at a local level

Starting backwards… yep it will cause disruption and more than local. So does turning off the lights and shutting down factories.
That’s a price that has to be paid due to letting the anti-nuclear lobby drive our energy policies for decades.
Meanwhile concentrating on gas over oil is an option to lower our carbon footprint and contribute to lowering the global one and increase energy security.

o&g companies never over inflate prosoects

They certainly don’t until they know the tax regime….

fracking in the UK is going to be a huge gamble, no guarantee that we have enough gas to make a difference

Per well productivity is always a challenge in fracking or CBM but to go back to what was being voted on… we will never know whilst there is a moratorium in place. It probably is or oil companies wouldn’t be so keen to spend money investing to find out.

The Sunday Times politics page was worth the money today. I very significant meeting this week has been leaked to its journalists!

Spill the beans then…..

That’s a price that has to be paid due to letting the anti-nuclear lobby drive our energy policies for decades.

The anti nuclear lobby?

We haven’t built new nuclear power because the government don’t want to stump up the £££ and since privatisation of BNF, we’ve lost much of the capability & skills to do it ourselves
Which is why we’re dependent on French & Chinese state owned companies to build them

Might take a picture. But basically the chief whip lost control of party discipline. They had no idea what way the fracking vote would go and this ultimately did it for Liz.

It was just bad politics to make it a confidence vote.

Enough Tory MPs knew they would be finished in their constituencies if they voted for fracking, due to the overwhelming local opposition to it, so were prepared to defy the whip to potentially save their seats

Anyone with an ounce of political instinct would know this, but then we’re talking about Liz Truss here

If you were to pick a subject to make into a confidence vote, then you’d have to be as thick as mince to pick something as divisive and controversial as fracking to be the one

She got what she deserved due to typical display of political cluelessness. A fitting end

The vote was never about lifting the ban on fracking fracking but only parliament’s right to debate the issue. Any MP could have voted with the Opposition and legitimately claimed that they weren’t voting against the government’s fracking policy.

It is this that caused havoc for the government whips and the ensuing chaos concerning whether it amounted to a vote of confidence in the government or not.

On the one hand a Tory MP voting with the Opposition was in effect expressing no confidence in the government as they taking the decision making away from the government.

But on the other hand a Tory MP voting with the Opposition could legitimately claim that they weren’t undermining the government as they fully intended to vote with the government once the issue had been debated by parliament.

Well that is my take on the situation and it certainly caused a huge headache for the government whips and completely undermined their authority, although ironically the government easily won the vote.

There is no doubt that the fracking fiasco was one crises too far for Liz Truss’s tottering premiership. The Opposition played a blinder whether intentional or not.

The Opposition played a blinder whether intentional or not.

A little analysis of it

There is no doubt that the fracking fiasco was one crises too far for Liz Truss’s tottering premiership. The Opposition played a blinder whether intentional or not.

Definitely a deliberate move to put pressure on Truss and also to use as ammo against tory MPs next election in those areas where fracking is planned and controversial.
I doubt though that they expected just how incompetently it would be handled though.

ErnieLynch

The vote was never about lifting the ban on fracking fracking but only parliament’s right to debate the issue. Any MP could have voted with the Opposition and legitimately claimed that they weren’t voting against the government’s fracking policy.

Exactly and as I’ve said it was about having a vote on having a vote on a moratorium and similar to Boris saying under no circumstances would he call another lockdown and let the bodies pile high in their thousands.

dissonance

Definitely a deliberate move to put pressure on Truss and also to use as ammo against tory MPs next election in those areas where fracking is planned and controversial.
I doubt though that they expected just how incompetently it would be handled though.

Normally no .. with Truss who’s surprised?
Her response to “The markets crashed” pretty much illustrates how incompetent

a)

The anti nuclear lobby?

b)

We haven’t built new nuclear power because the government don’t want to stump up the £££ and since privatisation of BNF, we’ve lost much of the capability & skills to do it ourselves
Which is why we’re dependent on French & Chinese state owned companies to build them

Sure a led to b – subsequent governments including 3 terms of Blair also failed to invest and anthropomorphic climate change has been recognised way longer than that if not so mainstream.

Not only in the UK, Germany is in the same mess.

You’d better sort out what you mean by fraccing to start with as there’s an awful lot of fraccing going on already in the UK (kinda), but it’s all offshore. So you’re talking onshore tight oil and gas.

If you think you can turn these on and off at will you are wrong… turn them off, and it’s likely to be difficult to get them to flow again, and might require a very expensive restim. So you’re going to need, if gas prices drop as most people expect , to run these wells when they’re commercially losing money. Who’s covering that cost? That’s the biggest real world objection noone mentions

‘A great “look how clean we are” image based on misleading a population that want to be misled* and that’s leaving Norwegians baffled as to why electricity prices have shot through the roof when they believed they were generated by hydro.’

And that’s rubbish as well. The reason costs are thro’ the roof in SW Norway is as they’re connected to the European network , and we’re paying the spot price. If you live in the N you’re still on local, unconnected power, and it’s about1% of the price in the SW. Consequently we’re producing like crazy so we can sell as much as possible, but a lot of people are far from happy , even with a pretty hefty degree of givernment sub.

So basically you are saying that what eventually led to the collapse of Liz Truss’s doom-laden premiership was the one really great idea that she had?

How satisfying.

Oh my god… anyone listening to this speech!? Amazing, doubling down. Her “time as PM” hasn’t taught her a thing.

Embarrassing. Just like her entire farcical time in number ten

Like you said, not only does she still think she’s right, but also that she still has the right to inform us all, in her hideously patronising tone, that she’s right

Absolutely delusional

Her predecessor showed zero contrition for anything because he’s a graceless sociopath but she’s showing no contrition because she still believes she’s done a great job and one day we’ll all appreciate her genius

Hope Charles has remembered to wear garlic.

Tatty-Bye! And off you ****.

Honestly she a is streak of cat shit on clean bedsheets.

Unapologetic to the end.
Vile.

I hate to say it, but if the wallpaper is still in Downing Street, then it might have turned out to be good value in the end, what with potentially lasting three PMs.

Also, I am no longer sure which thread to post this in, the Johnson one, the Truss one or the Sunak one. They change so fast these days it’s hard to keep up.

We need a new thread with title !! and consolidate all political threads about named individuals of any party into it; close the other threads and direct all new posts there.

https://www.waterstones.com/book/out-of-the-blue/harry-cole/james-heale/9780008605780?awaid=3787&utm_source=redbrain&utm_medium=shopping&utm_campaign=css&gclid=Cj0KCQjwkt6aBhDKARIsAAyeLJ08FfWdmd1lAuYL8amiZV5GhiZ92bOjqQ4JRfqAOYpv4AiBktGWUaMaAjuJEALw_wcB&awc=3787_1666713268_409bf8b4e625bbfced81af207809e756

It sounds like a great idea as a Christmas present for a loved one but the publication date – 8/12/22 is a bit tight for people wanting to buy it to pop into someone’s Christmas stocking.

The book cover says: “The inside story of Liz Truss and her explosive rise to power”

But Waterstones description of the book says: “The Inside Story of the Unexpected Rise and Rapid Fall of Liz Truss”

Would it be fair to assume that the delay might be due to an extra chapter or two being hurriedly added?

https://www.change.org/p/liz-truss-to-forgo-the-115-000-per-year-pdca-allowance-awarded-to-ex-pms-liztruss

If it wasn’t for ernie’s link to the change.org petition I would have said…close the thread.
Sign the petition, make a donation – large or small.
truss should be paying money back to the treasury for (fraudulent) misrepresentation of a prime minister.

Would it be fair to assume that the delay might be due to an extra chapter or two being hurriedly added?

The sad reflections of one of the authors.

Enough Tory MPs knew they would be finished in their constituencies if they voted for fracking, due to the overwhelming local opposition to it, so were prepared to defy the whip to potentially save their seats

My local Tory MP voted with the Govt as you’d expect.

Another ‘gift’ to his downfall and independence – why?

Because it’ll be used to show that when it’s needed English MP’s will be whipped to vote for Fracking (or anything else) in Scotland.

Thank you Truss, about the only good thing you’ve ‘achieved’.

The book cover says: “The inside story of Liz Truss and her explosive rise to power”

But Waterstones description of the book says: “The Inside Story of the Unexpected Rise and Rapid Fall of Liz Truss”

I might send some MPs I know a copy for Christmas.

Well, I suppose it’s fame of a sort. I can’t help feel that the “Truss Government” will be studied in every PPE and business school for the next few decades of “How To Get It So Very Badly Wrong”

I wrote to my MP saying how disappointed he must be in the current pm as I know he was firmly in favour of ripping up the green belt to allow fracking.
As yet no reply.

My local Tory MP voted with the Govt as you’d expect.

Mine did too. I can only conclude that with his majority of 100 votes, he knows he’s done anyway, so why even pretend to give a **** what his constituents think

Well, I suppose it’s fame of a sort. I can’t help feel that the “Truss Government” will be studied in every PPE and business school for the next few decades of “How To Get It So Very Badly Wrong”

There was a financial journalist on the radio the other day saying that the increased interest rates etc she caused are now referred to in the industry as ‘The Moron Premium’

Quite the legacy for her and Kwasi there. Not that it will make the slightest dent her her ludicrously misplaced overconfidence. Like a monkey with a machine gun

I can’t help feel that the “Truss Government” will be studied in every PPE and business school for the next few decades of “How To Get It So Very Badly Wrong”

There are multiple PhD possibilities from this lot. That title you suggest would work for Cameron calling for a referendum and most of the Tory Party antics from there on. Liz Truss would be a mere one-term module in that lot!

Back to Instagram for her…

Thanks for the link Mefty. A nice little read. He still couldn’t resist a little insinuation that that civil service were to blame… not her own choice of advisors… when the evidence is otherwise.

It was here, isolated from many of her key advisers, surrounded almost entirely by civil servants and flushed with imminent victory, that she embarked on a course that would alienate her party, the markets and the electorate.

It’s nonsense of course. Who Truss listens to (yes phones and other forms of communication exist) and whose advice she and her man chose to avoid and ignore (removing civil servants from key posts immediately) is key to avoiding repeat of her mess.

Recall the other biographer from the Sun (a friend in the crowd) was the second journalist to stab her at the now infamous Friday Press Interview. Whilst the book might be rubbish, there’s no such thing as bad publicity for the two authors. “The Downing Street Weeks” – I think that’s genius.

https://www.mirror.co.uk/news/politics/liz-truss-phone-hacked-putin-28360857

What an absolute bin fire of a politician. 12 months of confidential messages from her personal phone download by Russian spies

… and then the story suppressed as it could have prejudiced her chanced of becoming PM – ffs

If the journos can stand up that story it should be enough to bury truss, johnson, case and anyone else involved.

Is there any personal ramifications on Truss for such a breach of security? I suspect a more junior security or civil servant would lose a job, and we can’t inflict that on Truss.

“Liz Truss's personal phone was hacked by agents suspected of working for Russian President Vladimir Putin, The Mail on Sunday can reveal.” https://t.co/RNMW8J12l0

— Shashank Joshi (@shashj) October 29, 2022

How long before a message from truss to kwarteng is leaked…see you later big boy; usual place?

You have the names the wrong way round. That was def sent from kwarteng to truss