Russian oil and gas exports are exempted from Western sanctions for now, but the prospect of further action by the US and the EU is stifling Russian trade.
Emma Pinchbeck, the chief executive of the energy industry body Energy UK, said: “It’s a really worrying time for both customers and industry.
“We’ve been saying since the autumn that we’d expect bills to go up again in October. With what we’re seeing in Ukraine and in the oil and gas markets, we’re now expecting those to go up further.”
She said that if oil prices remain at elevated levels “you can expect bills to be anywhere between £2,500 and £3,000 in October depending on the tariffs people have and what happens in the market”.
The prices that people pay for energy and fuel depend on wholesale markets, which can go down as well as up.
But average UK household energy bills are already set to rise to around £2,000 in April when the price cap is increased
Average UK petrol prices also hit a new record yesterday. According to The RAC, petrol reached £1.52 a litre for the first time. Diesel rose to a high of £1.56 per litre.
I said last week that I didn’t understand what was happening in Ukraine. That surprised some people.
Yes, NATO has surrounded Russia. Yes, the US sponsored a coup in Ukraine in 2014 and placed a puppet regime in Kiev. And yes, in recent decades, it has been Western so-called democracies prosecuting illegal wars, killing millions of people and displacing millions more.
In theory, it should be a no-brainer for an independent journalist. While invading and bombing a country that hasn’t attacked you is wrong, a fair-minded person could argue that Russia was provoked.
Yet, I don’t buy it. Why now and why is it taking the Russian military so long? President Putin’s supporters argue that he is showing restraint. I don’t buy that either. Russia showed little restraint in Afghanistan. Chechnya too.
Who benefits? Whenever the world is plunged into a new crisis I ask myself, who gains? When the media drops everything, focuses exclusively on the new crisis, then simplifies it as a battle of good versus evil and presents only one side of it, I wonder what’s really going on?
Think about what has happened in the last seven days and ask yourself who benefits?
Energy bills have skyrocketed. They’ll go higher still. Driving your car and heating your home will become prohibitively expensive.
Travel will also become increasingly unaffordable. Ryanair’s Michael O’Leary told SKY and the BBC this week, that the days of cheap airline tickets are over. He was unequivocal.
UK television networks kicked RT, an international news channel off the air. They didn’t wait for Ofcom, the UK broadcast media regulator to suspend the station. They took it upon themselves to wield the axe.
You see what I’m getting at? Terrifying precedents are being set here. If a TV station can be booted into touch by those who lease the channels in the name of tackling fake news, which station/newspaper will be next?
Russian nationals living in the UK are being threatened with sanctions and the seizure of their property for having alleged ties to Vladimir Putin. That’s not too far away from what happened to Japanese Americans during the second world war.
As many as a million Ukrainians have left the country in the past week. The EU has given the refugees the right to reside in the bloc for three years. Here in the UK, charities are calling for the government to grant asylum to 200,000.
The covid scam has wrecked the economy and rendered millions unemployed. Millions more are waiting for surgery that was postponed when the NHS dropped everything for covid. Public services are beyond breaking point. Increasing the UK population by a city the size of Southampton will hardly help.
Everywhere lies chaos. Is it organised chaos though? Who benefits?
The more I look at it, the more I think that those who benefited most from the pandemic hoax will emerge from the Ukraine crisis as the biggest winners too.
Does the Ukraine crisis and the US/EU/UK response to it hinder or further the World Economic Forum’s Great Reset agenda? Does it hinder or advance the climate hoax agenda?
It seems to me that it advances both.
To sum up what I’ve said here:
The Ukraine crisis has exacerbated what was already a very serious energy situation. Hundreds of millions of Europeans are facing unaffordable bills. Regular travel will become a luxury reserved exclusively for the super-rich
It has created a refugee crisis. Refugee crises have historically been used to divide societies, to set communities against one another while the real enemy imposes tyranny.
It has enabled the setting of dangerous precedents, such as banning TV channels and stealing money and property from Russian businessmen and women who have broken no laws.
They’ve been convicted by British MP’s on Chinese whispers. It’s McCarthyism.
Long-time Richie Allen Show listeners will know that I never favoured Vladimir Putin. I labelled him as just another face of an unfolding Orwellian agenda.
Yes, I was glad he intervened in Syria, but that’s about it. Now, I wonder why. But, I never accepted the alternative media’s simplistic “West bad, Putin good” narrative.
In my opinion Putin is no less controlled than Clinton, Bush, Blair, Johnson. I don’t believe that Ukraine is “his war” as is repeatedly claimed by the legacy media. Putin takes orders too.
From whom? I don’t know. From the same shadowy figures controlling Johnson, Biden and Macron? Maybe.
The people of Russia will not benefit from the invasion of Ukraine. Tens of thousands of Ukrainians and Russians will die. They don’t matter. Elites have been slaughtering the proletariat since the invention of the spear.
The people’s of Europe, Asia, and the Americas won’t benefit either.
The question remains then. Who will?