Juliet Samuel

I get asked sometimes what politicians should do about energy prices. None of these measures would solve the problem tomorrow. It’s too late for that. But this is our second gas crisis in five years. If we don’t do this, we will be back here again in a few years.

QatarEnergy CEO says the Iranian attack overnight damaged ~17% of its LNG production capacity, and it would take 3-5 years to repair the damage. reuters.com/business/energ…

2022, how governments & net zero made us vulnerable to Putin’s gas shock telegraph.co.uk/gift/0e62e74e9… Late 2022, nothing has been fixed: telegraph.co.uk/news/2022/12/2… 2026, nothing has been fixed, again: thetimes.com/article/61bb06…

As an aside, the current energy shock was predictable and predicted. I have been writing about this for nearly a decade and it wasn’t a surprise then. From 2017: Our reliance on energy imports is storing up trouble telegraph.co.uk/gift/ba7ac35ff…

I get asked sometimes what politicians should do about energy prices. None of these measures would solve the problem tomorrow. It’s too late for that. But this is our second gas crisis in five years. If we don’t do this, we will be back here again in a few years.

Nuclear power in Korea costs £30 per megawatt hour. In Britain it costs six times that. Juliet Samuel on how they did it - and what Britain would have to do to match them. thetimes.com/comment/column…

Every British politician should be forced to read this piece, by @CitySamuel Shared with you by a Times subscriber. Enjoy this article for free. thetimes.com/comment/column…

@RossKempsell Chinese shipments still flowing for now

US captures Maduro in Venezuela. Cuts oil lifeline to Cuba / China. US bombs Iran, China loses crude lifeline (90pc Chinese crude via Hormuz). Result: US shale / Gulf allies gain market share, global realignment Trump knows what he is doing European mind cannot comprehend it

The proposition argued by all those clever civil servants, and held to even since 2022, that we don’t need more than 4 days’ gas storage is about to be tested Fuel rationing looming unless Hormuz supply resumes, experts warn thetimes.com/article/0f761c…

In today’s @TimesDiary How Labour whips cocked-up so badly that they had to get MPs to feign illness in the division lobbies And then got a hell of a bollocking from the Speaker thetimes.com/article/d33927…

I see the search for a new Ayatollah is already over.

'Another gas shock and Europe’s still not ready. Consumers pay the price as governments pursue net-zero policies, while Asian countries are putting their needs first' ❘ ✍️ @CitySamuel #Echobox=1772701349" target="_blank" rel="nofollow noopener">thetimes.com/comment/column…

'Chinese spy' worked as UK Border Force officer to carry out 'shadow police operations' for Hong Kong authorities trib.al/L6XpD6C

The three men arrested for spying for China were all former Labour advisors. New details emerged after David Taylor, husband of Labour MP Joan Reid, was revealed to be one of three arrested on suspicion of spying for Beijing. Two other men were also arrested under the National Security Act, a 68-year-old in Powys, Wales, and a 43-year-old in Pontyclun. They both previously held roles as Labour advisors. We will need to let the police conduct their investigation, but this saga has the potential to rock the Labour party - and any ambitions it has with Beijing. inews.co.uk/news/partner-l…

This is a significant escalation: @UK_MTO reports an oil tanker that was on anchor offshore Kuwait (and near Iraq too) has been hit by an explosion; oil is spilling and the tanker is tanking on water. "... There is oil in the water coming from a cargo tank..."