Article

2022-02-04 Europe

Energy giant Shell posts 'momentous' £12BILLION profits as millions face soaring bills and cost-of-living crisis - sparking calls for windfall tax on power companies

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Posted by Skidmark 2022-02-04 00:00|| || Front Page|| [9 views ] Top

#1 That '70s feeling...
Can stagflation be far behind?

Posted by Merrick Ferret 2022-02-04 04:14|| 2022-02-04 04:14|| Front Page Top

#2 Price controls must come first. Congress must establish a 'sell date' for effective profit taking.

Posted by Besoeker 2022-02-04 04:26|| 2022-02-04 04:26|| Front Page Top

#3 If you didn't invest in oil in the spring of 2020 you seriously missed out.

Posted by Vespasian Ebboting9735 2022-02-04 07:31|| 2022-02-04 07:31|| Front Page Top

#4 Pie chart says 5% is profit margin.

Rest is expenses, VAT, Green Taxes, and a wholesale costs from 35% to 49% of the bill, +%14, VAT 5%, Green 10%, which makes the Covid procedures plus gov add-ons about 29% of the bill.

Government investigates crises; Government finds there needs to be more government.

Posted by swksvolFF 2022-02-04 15:18|| 2022-02-04 15:18|| Front Page Top

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