UK Politics Decoded

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Considering the fact that the UK has around 1% of the global market, the UK would not be able to effect the international wholesale price in a meaningful way to cut the prices for consumers within the UK meaning that this would not help consumers with the cost of filling you your car, household and business energy bills, these are known facts that the companies that extract these resources are for profit and sell at international wholesale prices. So your saying it is better to have short term resource independence that will never happen as we rely on imported resources, over long term offsetting imported resources while the UK electrification is in transition? it is important to reduce the dependency of the UK on imported resources but foresight is further than the end of ones nose.. The UK and every country in the world will need gas and oil based products until an alternative is found but reducing our dependency on imported resources is the current policy, especially when looking at the current energy mix (consumption) that is changing year upon year. So lets look at what your suggesting: - It is better to bring total import reliance closer than to offset while the UK electrification transition is complete and reduces reliance on imported gas for energy generation and heating homes. - The UK can have resource independence, this is factually wrong, by the time industry is ready to ramp up extraction with new rigs, the war will most probably be over and independence on resources is not achievable. - The UK can extract more, yes it can but it will not effect the price consumer are paying as the UK has such a minute fraction of the market share it will not adjust the international wholesale price.

So you don’t want to use *available resources, now during a crisis* for the fear that they might not be there in 20y time (note: with supportive policy they could be). What kind of logic is that? UK is about to go to the wall if there is another energy crisis. What could be more ‘resource independence’?

Another UK energy expert says: Drill Baby Drill British Gas boss: Drill North Sea to bring down energy prices Only ⁦@reformparty_uk⁩ can be trusted to bring down cost of living Been saying this for yrs Tories started this Net Zero madness telegraph.co.uk/business/2026/…

So your focusing on the profit related side of the debate not that other facts like resource depletion, reliance on imported resources and economic shock. This does not support resource independence, what the government and previous governments are doing with renewables and electrification to reduce economic shock (this includes job security, tax receipts, total reliance on imported resources at international wholesale prices etc), save the NHS billions on air pollution related illness and deaths etc. There is a lot more to the debate than pure profit for private companies.

Of course producers were not silent prior to the war. Most of them were already shutting up shop with comments like “we’ll go somewhere with a more stable tax regime, like Nigeria”. Why would companies sit on ‘unused licences’ if they weren’t profitable? One producer recently paid 102% tax on production, that’s why.

Some facts: 1. Oil and gas companies have licenses that issued to them but are unused. 2. The push to extract more by the companies only came with the increased international wholesale price caused by the US-Iran war, before that they where silent. 3. Extracting more brings the estimated depletion date of the UK's basin closer, bringing the economic shock that will be felt by everyone along with it, the government and future governments need this time to put in place policies to reduce the economic shock that depletion will bring when the UK is totally dependant on imported resources.

It is a difficult thing to say your party has got it wrong. We all care about the environment but making our people poor while the world watches is making us a warning not an example. Kudos to @TufnellHenry for his bravery today.

The post omits facts: 1. Gas and oil companies have extraction licenses untouched, not used. 2. The push from the oil and gas companies only can after the international wholesale price raised because of the US-Iran conflict, they where silent until then. 3. By extracting more gas and oil the UK's basin depletes faster currently estimated at 2050 (24 years time), leaving the UK totally reliant on imported resources, and the economic shock of resource depletion will be felt by everyone.

This is the best and clearest explanation so far on why we must reopen and exploit our North Sea reserves by @KathrynPorter26. Gas is traded regionally not globally. British gas from the North Sea can bring down European prices in the summer. It is significantly cheaper than LNG. We would also benefit from additional tax revenues, improve our balance of payments, and keep oil and gas jobs in Britain, as well as in the wider supply chain like refining. It looks the Energy Secretary is too dug in to change course, and Starmer is too weak to overrule him. telegraph.co.uk/business/2026/…

That is true but with climate change and global warming the Siberian permafrost is melting releasing more methane that aids the global warming effect, this may be a natural process but industry around the world and air pollution has increased the natural global warming to what it is today.

97% of CO2 comes from natural sources. We cannot change that.

Over 300 school nurseries will open or expand from September, targeting childcare gaps in the poorest areas. But there’s a structural problem. Childcare frees parents to return to work yet UK job vacancies have fallen to 721,000, the lowest since the post Covid peak. The UK doesn’t have a welfare problem. It has a vacancy problem. ukpoliticsdecoded.uk/decoded-blog/s…

@1984EndDays @BenGrahamUK What is bollox? you add no context or content to the debate at all.

@uk_decoded @BenGrahamUK Bollox

We’re told a 1°C temperature rise is proof of man made climate catastrophe. Yet over billions of years, earth has seen far greater swings, ice ages, warming periods, all without fossil fuels. At what point do we question the narrative instead of blindly funding it?

I did not say that I just outlined the facts and evidence that obviously extracting more will bring the depletion date closer making the UK totally reliant on imported resources and the fact that the economic shock from the depletion needs to be taken into account when the government and future governments need this time to put in place policies to reduce that economic shock. I also highlighted the fact that the oil and gas companies where silent until the international wholesale price hit its recent high, now they want to have faster extraction to maximize profits, they currently have licenses sitting there been unused to extract more gas and oil but what is obvious is that building new rigs and extracting from a basin close to depletion is expensive and hard.

@uk_decoded @TiceRichard @reformparty_uk So, you’d rather a Norwegian company profit than a UK one? Got it, thanks.

@mr_james_c The deindustrialization issue is decades long with no government having political will to tackle it.

It's odd that the "Thatcher is evil because she destroyed industrial jobs in Northern England" people seem to be very very quiet about Miliband and Labour doing *exactly the same thing* to Britain's oil and gas industry, steel industry, petrochemicals industry, farming, pottery industry, hospitality industry... basically any industry that uses electricity.

@JillBelch If you look at the history of that account it is always been corrected with actual facts, the poster does not look at any evidence that you post to correct them, its an ongoing issue.

Sorry. That’s nonsense. Around 137 countries (out of 198) now have net-zero targets. That covers 75–80% of global emissions. Why would they post this when it’s clearly not true? I wonder??

The facts omitted form the Article: 1. The depletion of the UK's gas and oil basin is estimated to be 2050, extracting more will bring that date closer and have the UK rely more on imported resources. 2. The UK currently has around 1% of the oil and gas market extracting more will not bring down the international wholesale price. 3. The UK shale is deeply fractured and not suitable for fracking this means that these resources are unable to be extracted safely and a official report states this fact by introducing earth quakes, there is also a risk to coastal communities.

My latest column for the @Telegraph discussing why we need to boost our UK oil and gas production @ClaireCoutinho @AndrewBowie_MP @griffitha @NJ_Timothy @DavidGHFrost @afneil @Iromg @AllisonPearson @MerrynSW @EdConwaySky telegraph.co.uk/gift/e66801581…

@Telegraph The existing licenses are not been used because of the UK's basin been close to depletion estimated to be 2050, drilling more will bring this date closer, this is just political theatre playing to the masses without giving factual information just opinion.

🛢️ In the face of an energy crisis caused by the war in Iran, the Conservative Party leader hit out at Labour for shutting down the North Sea and refusing to issue new oil and gas licenses Read Kemi Badenoch's lines in our latest politics report ⤵️ telegraph.co.uk/business/2026/…

Factual context: 1. The UK holds about 1% of international wholesale prices, if we extracted more it would not move the price at all. 2. The UK's basin is estimated to depleted in the resources that we CAN extract 2050, that is 24 years, if the UK raises extraction it brings this date closer. 3. Extraction companies want to extract more when the prices are high like it is now as it means more profit for them as they are private for profit companies. 4. existing licenses are not been used as a depleting basin is expensive and hard to extract from, thus decreasing profits for extraction companies.

Absolute madness. Net Zero Lunatic Ed Miliband is singlehandedly bankrupting the country.

Even if we doubled extraction rates it is estimated that the UK has about 1% of the market and this means that the UK can not effect the international wholesale price. the most meaningful way to reduce homes and business electricity bills would be modernise the Marginal Pricing system that is outdated for todays energy system, this system is currently 30-40% of the electricity bill.

This is wrong. More drilling in the North Sea will not generate enough production to affect international prices of oil and gas, and will not cut the bills of British consumers. Time for you to be straight with the public.

This is factually incorrect on all levels. The national grid has published that it is planning to limit blackouts whilst its upgrading the system, this includes balancing and battery storage, you state wind drought but the UK has regional wind patterns each region is different, is the wind is still in one area it does not mean that it will be in anouther, this is basic.

If we were powered by too much wind and solar we would risk blackouts when we are in a wind drought and the sun ain't shining. Plaid Cymru politics is just lunacy 👇👇

By welfare reform? Job vacancies have been on a downward trend since the post covid peek when people returned to work, meaning millions of workers trying to find work in a shrinking job vacancy pool. Before reforming welfare the Ministers should tackle deindustrialization to secure the UK's manufacturing base, less dependency on imported good and creating job vacancies, reduce the skills gap the UK currently has. This underlying issue is spans multiple government's.

Monday’s Cobra economic crisis meeting needs to end the bans on UK oil and gas, cancel the autumn fuel duty increase , cut fuel duty and tax on domestic gas. This can be paid for by welfare reform, stopping the Chagos give away and no extra money for EU re set.

@GazPembert99969 @ret_ward It is been utilized that is a fact, its the depletion of the resources that needs to publicly known and speeding it up so we are more reliant on imported resources earlier than necessary.

@uk_decoded @ret_ward I am only interested in utilising the resources we have in the North Sea. It is criminal not to.

Of course we should. And we should pretend that climate change doesn’t exist and net zero doesn’t matter. We should pretend that fracking poses no risk to surrounding buildings. And should pretend that more North Sea drilling will reduce bills. It is fun to pretend!

Jackdaw’s approval was ruled unlawful Multiple legal sources confirm that the Court of Session in Edinburgh ruled the UK Government’s approval of the Jackdaw gas field unlawful because the environmental assessment failed to include downstream emissions the emissions from burning the gas. londondaily.com/court-rules-ap… harpermacleod.co.uk/insights/court… tlt.com/insights-and-e…

Rosebank and Jackdaw could both be supplying heat and light to millions of homes and British businesses by the end of this year. But they are stuck in limbo because Ed Miliband refuses to act in our national interest. He’s inflicting an act of economic self harm on our country.