FabSwingers.com forum: Shell and BP

By *rFunBoy OP Man
over a year ago

Longridge

So, while over 26 energy companies go to the wall, millions of customers forced onto horrendous tariffs and deep into fuel poverty ongoing. The government under pressure to bail customers and energy companies out.

Shell and BP, sit back and watch.

As for windfall taxes preventing investment in renewables. These investments are long overdue and hypocrisy that these companies that have lobbied, bribed governments and damaged our climate, not claim the high ground that we 'need' their investments.

On principle of the BP "Cash Machine" comments and todays threats of removing renewable investments, they should take the windfall and give it to fledgling companies developing green alternatives and those struggling.

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By *rFunBoy OP Man
over a year ago

Longridge

Are we nuts?

From the Guardian..

Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid any corporation tax on oil and gas production in the North Sea for the last three years, company filings reveal.

The oil giants, which have an annual global footprint of greenhouse gases more than five times bigger than Britain’s, are benefiting from billions of pounds of tax breaks and reliefs for oil and gas production.

Shell and BP paid no corporation tax or production levies on North Sea oil operations between 2018 and 2020, and claimed tax reliefs of nearly £400m, according to annual “payments to governments” reports analysed by the Observer.

Over the same three-year period, they paid shareholders more than £44bn in dividends.

A petroleum revenue tax of 35% was effectively scrapped by the then chancellor, George Osborne, in 2016 and oil giants can claim billions of pounds in taxpayer handouts for decommissioning rigs.

The North Sea is now one of the most profitable areas in the world for oil and gas production, after tax cuts by the government to encourage production.

Taxpayers will foot a bill of more than £18bn for the decommissioning of the oil and gas infrastructure in the North Sea up to 2065 – made up of tax repayments and a reduction in offshore corporation tax.

Campaigners want the handouts to be scrapped and used for investing in clean energy.

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By *ackal1Couple
over a year ago

Manchester

Well free markets and favourable tax regimes showing how you can make a real profit and still get the tax payer to foot the nasty things in life like cleaning up your mess.

Years of North Sea wealth squandered by successive governments.

Hmmmm

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By *ercuryMan
over a year ago

Grantham

No to a windfall tax but all Goverment grants and subsidies should now be halted.

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By *ackal1Couple
over a year ago

Manchester

"No to a windfall tax but all Goverment grants and subsidies should now be halted.

Do you think the NI increase could be classed as a windfall tax?

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By *acreadCouple
over a year ago

central scotland

"So, while over 26 energy companies go to the wall, millions of customers forced onto horrendous tariffs and deep into fuel poverty ongoing. The government under pressure to bail customers and energy companies out.

Shell and BP, sit back and watch.

All these billions the energy and companies and the likes of BP are making would be going back to the coffers if the Tories had not sold/given everything this country had away. I believe we are near the bottom of the heap in the developed world regarding public owned assets.

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By *acreadCouple
over a year ago

central scotland

"No to a windfall tax but all Goverment grants and subsidies should now be halted.

Do you think the NI increase could be classed as a windfall tax?

Well the money has to come from somewhere and in true Tory tradition those who can afford the least pay the most.

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?"

Typical Tory

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory "

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory , "

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reminds me of the alternative words to the Red Flag.

How did it go?

Oh yes. "The working class can kiss my ass, I've got the foreman's job at last".

Oh just to let you know. It's a bit cold in Germany at the moment but back to Spain next month.

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reminds me of the alternative words to the Red Flag.

How did it go?

Oh yes. "The working class can kiss my ass, I've got the foreman's job at last".

Oh just to let you know. It's a bit cold in Germany at the moment but back to Spain next month.

Nice, make the most of living in the EU, happy days

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reminds me of the alternative words to the Red Flag.

How did it go?

Oh yes. "The working class can kiss my ass, I've got the foreman's job at last".

Oh just to let you know. It's a bit cold in Germany at the moment but back to Spain next month.

Nice, make the most of living in the EU, happy days "

Yes. There is always a downside. But the sun shines in Spain.

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reminds me of the alternative words to the Red Flag.

How did it go?

Oh yes. "The working class can kiss my ass, I've got the foreman's job at last".

Oh just to let you know. It's a bit cold in Germany at the moment but back to Spain next month.

Nice, make the most of living in the EU, happy days

Yes. There is always a downside. But the sun shines in Spain.

You could move back to the UK? Tory government for the last 12 years, out of the EU, sunlit uplands ?

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By *ercuryMan
over a year ago

Grantham

I think that the law would need to be changed, in order to raise the tax rates payable by energy companies.

After all, its a retrospective action. Should that happen, then the energy companies could well domicile elsewhere.

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By *ackal1Couple
over a year ago

Manchester

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?"

It comes from the oil companies not paying a fair tax rate for 40 years and potentially short changing the state pension which was set up to help the less well off.

There is a huge government pension liability shortfall in this country. So much for the Tory fiscal management over 40 years. Looks a bit shit to me. This from an ex Tory voter so I take my share of the blame. I’ve read more now so a bit smarter. Not a lot,,, but a bit.

Enjoy Spain .

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By *otlovefun42Couple
over a year ago

Costa Blanca Spain...

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reminds me of the alternative words to the Red Flag.

How did it go?

Oh yes. "The working class can kiss my ass, I've got the foreman's job at last".

Oh just to let you know. It's a bit cold in Germany at the moment but back to Spain next month.

Nice, make the most of living in the EU, happy days

Yes. There is always a downside. But the sun shines in Spain.

You could move back to the UK? Tory government for the last 12 years, out of the EU, sunlit uplands ? "

Nah! The EU may be a piece of shit but there's more to life than politics.

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reminds me of the alternative words to the Red Flag.

How did it go?

Oh yes. "The working class can kiss my ass, I've got the foreman's job at last".

Oh just to let you know. It's a bit cold in Germany at the moment but back to Spain next month.

Nice, make the most of living in the EU, happy days

Yes. There is always a downside. But the sun shines in Spain.

You could move back to the UK? Tory government for the last 12 years, out of the EU, sunlit uplands ?

Nah! The EU may be a piece of shit but there's more to life than politics."

True, you stay living in the EU

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reply privately

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Nah, I have to much integrity ,it must be great living in Germany and Spain

Reply privately

Reply in forum

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By (user no longer on site)
over a year ago

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

I suppose you laugh people and families struggling to make ends meet.

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By *acreadCouple
over a year ago

central scotland

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

Typical Tory jibe cares for not but oneself and anyone that has a thought for others that need help is a typical leftie according to their bible. As said enjoy the EU that you seem to have such disdain for it reminds me of so many that voted to leave then scrambled for EU passports as soon as it happened.

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By *ealthy_and_HungMan
over a year ago

Princes Risborough, Luasanne, Alderney

the failed conservative and unionist party government's refusal to act on rising cost of living and exorbitant profiteering from abnormally high fuel prices by themselves and their chums in big business, (especially their mutal chums of putin who they are currently pretending to impose sanctions upon whilst taking donations to the party), while the silent majority begin to struggle has rendered them unelectable.

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By *acreadCouple
over a year ago

central scotland

"the failed conservative and unionist party government's refusal to act on rising cost of living and exorbitant profiteering from abnormally high fuel prices by themselves and their chums in big business, (especially their mutal chums of putin who they are currently pretending to impose sanctions upon whilst taking donations to the party), while the silent majority begin to struggle has rendered them unelectable.

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By *ovebjsMan
over a year ago

Bristol

"All fine by me, I've got BP shares.

Also it should be fine for anyone with a private pension.

Where do you think that money comes from?

Typical Tory

You got me there. Yep typical Tory, you know one of those that knows money doesn't grow on trees.

Typical Tory ,

Typical leftie jibe. Come on, deep down I bet you would really like to be a Tory yourself.

I suppose you laugh people and families struggling to make ends meet."

I doupt that they are actually laughing at families who are struggling to be honest

And most likely like many others donate to charities like everone else.

You cannot blame amyone for doing the best they can in this world as would anyone else.

maybe the flippant I've bot BP shares was said but I douot very much they actually meen fuck everyone else

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